Identification of Financial Items Affected by Sustainability Reporting in Climate Change of Iran's Steel Industry

Articles in Press

Document Type : Research Paper

Authors

1 Department of Accounting, Faculty of Accounting, Aras Campus, University of Tehran, Iran.

2 , Department of Accounting, Faculty of Accounting and Financial Sciences, University of Tehran, Tehran, Iran.

3 Department of Accounting, University of Gävle, Gävle, Sweden.

10.22103/jak.2026.25052.4160

Abstract

Objective: Iran’s steel industry, due to its high energy consumption and environmental impacts, is significantly affected by climate change and sustainability reporting requirements. This study aims to identify and prioritize financial statement items influenced by sustainability reporting within Iran's steel industry.
 
Method: This applied study was conducted using a mixed-methods (qualitative–quantitative) approach. In the qualitative phase, relevant components were extracted through a review of the literature, examination of companies’ sustainability reports, and interviews with experts in accounting and the steel industry. In the quantitative phase, 51 identified components were designed in the form of a questionnaire and evaluated, weighted, and prioritized using the Analytic Hierarchy Process (AHP) and Expert Choice software.
 
Results: The results of the AHP analysis indicated that the financial consequences of climate change ranked first, with a weight of 0.217. This was followed by greenhouse gas emissions, with a weight of 18/04, and energy consumption, with a weight of 16/05, ranking second and third, respectively. Environmental costs, with a weight of 14/03, and investment in clean technologies, with a weight of 12/08, were also identified as significant financial items in steel companies.
 
Conclusion: The findings indicate that sustainability reporting can influence the cost structure, investments, and financial commitments of steel companies and highlight the importance of managerial attention to climate-related strategies, energy management, and increased transparency in financial and environmental reporting.

Keywords

Main Subjects

References

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Journal of Accounting Knowledge

Articles in Press, Accepted Manuscript
Available Online from 06 June 2026

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History

  • Receive Date: 28 August 2025
  • Revise Date: 24 April 2026
  • Accept Date: 01 June 2026

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