dc.description.abstract |
Environmental accounting and reporting are becoming more and more important to businesses. In
addition, the question of how a company's environmental performance affects its financial health has
raised the interest of investors, creditors, governments, and the general public. A company's
annual/financial report is the primary way for stakeholders to learn about a company's activities,
progress, and future plans, but it is currently the standard format for presenting environmental
information. There are no analytical criteria for its interpretation.
Therefore, the purpose of this study is to identify disclosures that allow standardization and comparability
of the environmental information presented in a company's annual/financial report. Environmental
information is included in our annual/financial reports to raise stakeholder awareness of the company's
activities, performance and interactions with the environment throughout the year. Stakeholders use this
information to support the decision-making process. However, few companies currently comply with
policies specifically related to the disclosure of environmental information in annual/financial reports. This
is surprising given the types of decisions that may be made based on company disclosures on this topic.
Companies need to become more aware of the location and type of environmental information that may
be usefully disclosed in their annual/financial reports. The following section contains some summaries and
related recommendations from the survey. |
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