A literature review on Environmental Reporting

College
Coursework
Finance & Accounting
Pages 20 (5020 words)
Download 0
Order#: 522707 Topic: A literature review on Environmental Reporting Introduction Environmental reporting can be defined as a catch-all term that describes the various means by which companies disclose information on their environmental activities. The term corporate environmental reports differs considerably with Environmental reporting…

Introduction

Basically, there are three types of environmental reporting that include involuntary disclosures, mandatory disclosure and voluntary disclosure (Porritt, 2005). Involuntary disclosure is whereby a company’s information about its environmental activities is disclosed without its consent and against its will. A good example of these kinds of disclosures is press and media exposes. Mandatory disclosure is whereby companies are required by law to disclose information concerning their environmental activities. Finally, voluntary disclosure is whereby a company voluntarily avails information concerning its environmental activities to the general public (Gray, 2000). There are two forms of voluntary disclosures including confidential and non-confidential disclosures. The former are the disclosures which are required by consumers, banks and insurers that are not available to the general public while the latter comprise of all environmental information a business organization voluntarily avails to the general public. History of environmental reporting Even though voluntary disclosure of environment information by businesses has possibly existed as long as there have been companies, it is only in the last two decades we have seen significance in this direction. ...
Download paper
Not exactly what you need?

Related papers

Environmental And Social Reporting- Rolls Royce Group.
The company operates four segments of civil aerospace, defense aerospace, marine and energy. The company’s highest revenue generating segment is the civil aerospace which generates around 50% revenue of the group. The company has shown consistently progressive and strong performance over the years and is one of the market leaders in all sectors in which operates with an annual turnover of…
Corporate sustainability reporting
At the same time, as developments in technology and knowledge are contributing to financial development, they also have the potential to assist resolving the threats and risks to the sustainability of environment, social relations and economies. Sustainability reporting is the kind of practice of disclosing, measuring, and being accountable to external and internal stakeholders for organizational…
Literature Review
The current study aims to examine and evaluate various practices and policies on performance appraisal systems and procedures as revealed by diverse authors whose researches have been published in peer reviewed academic journals. This literature review hereby aims to proffer relevant issues that emerge in the subject of performance appraisal. The determination of organizational effectiveness which…
International Financial Accounting and Social and Environmental Theory
The primary issue concerning social and environmental theory is the way the society determines developments, goals, and innovations in accounting practice. It is generally agreeable that the society and environment in which accounting practices are applicable affects its development to some extent. However, the extent and the framework with which the social and environmental theory has influenced…
Social and Environmental Reporting
This support from the various stakeholders is essential for the company in order to ensure that business continues to exist. Stakeholders of the company are varied – they are investors, lenders, creditors, employees, managers, the environment in which the company operates, government, general public and local community. The co-operation between the multiple stakeholders is essential condition…
Corporate Environmental ,Social and Sustainability Reporting
Defining Sustainability The UN Brundtland Commission (1987) describes, "Sustainable development is development that meets the needs of the present without compromising the ability of future generations to meet their own needs" (UN Commission, 1987). This definition in itself explains why it has been important and necessary for organizations to implement sustainability reporting whether they are in…
Corporate social responsibility reporting
CSER also commonly plays a central role in presenting a good picture of corporate accountability. For a long time now, CSER has been used as the best tool to encourage corporate strategies, policies and management decisions aimed at minimization of adverse environmental impacts of companies’ operations (UNEP, 1998). Since the development of the practices of corporate social environmental…