CSREU: A Novel Dataset about Corporate Social Responsibility and Performance Indicators

TL;DR

This paper introduces CSREU, a new dataset of 115 European companies with CSR and performance indicators, and explores the weak correlations between financial metrics and CSR disclosures, aiming to support future research.

Contribution

The paper presents a novel dataset combining CSR scores and financial indicators for European companies, facilitating further analysis in CSR research.

Findings

Weak correlations between financial indicators and CSR scores.

Preliminary analysis suggests more in-depth studies are needed.

Dataset enables future research in CSR and financial performance.

Abstract

Corporate Social Responsibility (CSR) has become an important topic that is gaining academic interest. This research paper presents CSREU, a new dataset with attributes of 115 European companies, which includes several performance indicators and the respective CSR disclosure scores computed using the Global Reporting Initiative (GRI) framework. We also examine the correlations between some of the financial indicators and the CSR disclosure scores of the companies. According to our results, these correlations are weak and deeper analysis is required to draw convincing conclusions about the potential impact of CSR disclosure on financial performance. We hope that the newly created data and our preliminary results will help and foster research in this field.