Literature Review,Financial reporting for ecological sustainability

January 2017 | 10 pages | ID: L37D3CF1109EN
Sadia Saeed

Abstracts

Sustainability reporting is also known as social reporting, social and ecological accounting, or corporate social responsibility accounting. The concept of social accounting was invented 20 years before. The sustainability basically includes various factors about social or monetary performance. But in various situations the accounting applications have concentrated hugely on the ecological problems. After the starts of UN definition in 1987, various authors presented several definitions about environmental sustainability. According to Brundtland (1987), the sustainability growth is growth that fulfills the requirements of present without compromising the capability of upcoming classes to fulfill their own requirements. The interdependence of monetary, economic and ecological aspects must be recognized in sustainability reporting. Sustainability in the particular environment is an important factor for current business and economy. The influences of environment are getting importance day by day. Financial reporting on ecological sustainability is an important matter of concern according to law. Environment change, utilization and waste of supply, and other environmental issues have included in agenda of company. For various companies and businesses, the environmental issues are considered matters of strategic concern. Cont... (2000 words of this report)

Contents

Introduction
Objectives and Problem Statement
Literature Review
Overview
Sustainability
Defining “Authentic” Sustainable Development for Corporate Governance
Accountability
Integration
Stakeholder Engagement
Materiality
Transparency
Disclosure for Environmental Sustainability
The triple bottom line (TBL) Reporting
Summary
Conclusion
References