In the context of economic integration and the global trend of sustainable development, sustainability information disclosure is increasingly becoming an essential requirement for businesses. For the listed wine, beer, and soft drink industry in Vietnam (Listed Wine, Beer, Soft Drink Companies: WBDCs), a sector with a significant impact on the environment and society, the Sustainability Report (SR) is not only a communication tool but also a representation of the company’s long-term development strategy. This study aims to identify and measure the extent of influence of internal and external factors on the decision to adopt SR in companies belonging to the WBDCs. Through quantitative surveys and data analysis using the SEM model, the results show that the group of factors related to Enterprise Size plays a decisive role. Additionally, the managerial perspective is also identified as a crucial driver in promoting the transparency of sustainability information. From the research findings, the author team proposes several policy recommendations and orientations to support businesses in enhancing their capacity for sustainability information disclosure, aiming to improve competitiveness and long-term development of the industry in the context of deep integration.
Tu et al. (Sat,) studied this question.