The topics of sustainability and digitalization are increasingly present in contemporary academic, economic and social debates. Both topics are drastically changing the behaviour of companies. This article aims to examine the disclosure of information on digitalization and sustainability in the context of the Integrated Report of European companies. It seeks to understand the extent to which these companies are moving towards a sustainable business model (SBM) that includes new digital technologies. In particular, the analysis started from the systematic literature review proposed by Broccardo et al. (2023) who, in order to investigate the contribution of new technologies to the transformation of companies’ SBM, provides a new table of categories started by the Business Model Canvas. Based on this framework, the authors constructed the useful items to develop and test the research objective. For this purpose, the qualitative research method was chosen. In detail, an automatic content analysis was conducted. This work analysed the Integrated Reports using a sample of 125 European companies in the period 2020-2021. The results showed that companies are increasingly including digitalization and sustainability issues in financial and non-financial reports. However, the financial sector seems to include digitization issues more closely, while the non-financial sector includes sustainability issues. Although studies in this field are increasing considerably, it seems that the academic debate is still in its infancy and that there are not enough empirical studies. To fill this gap, this article can contribute to the existing literature and provide an element of support for academics, companies and standard setters.