Interrelation between the climate-related sustainability and the financial reporting disclosures of the European automotive industry

Abstract The financial reports of the automotive companies' are measured in a standardized manner; therefore, they transparent and comparable to each other, but this is not valid for sustainability it possible compare their performances. Standard-setting organizations currently searching better reporting procedures. This study aims investigate connection between most dominant European car manufacturers. It reviews traceability elements back statements, which helps transparency, comparability, impact measurement disclosed items issues. investigation allowed us additionally review whether these companies targeting disclose harmful pollution impacts, or only focus required obligatory items. Given magnitude manual testing would provide complete proper coverage, therefore we utilized an automated AI-assisted content analysis with natural language processing. In new method, sustainable textual were automatically retrieved following 5-stage model Landrum & Ohsowski (2018). highlights lack true information potential discrepancies connections reports. Findings concluded that disclosures at reviewed from several aspects could be improved quantified, traced disclosures, other if apply similar method. Graphic abstract