AYB311 Lecture Notes - Lecture 8: Sustainability Reporting, Ecojustice Canada, Sustainable Development
Document Summary
Why is it topical: there is growing pressure on firms to act ethically" and reveal effects of their choices, several events have put companies" behaviour under the spotlight. It tells how an organisation is taking responsibility for the impact of its activities upon employees, customers, citizens, communities and the environment. Good environmental, social and sustainability practices are rewarded by both investors and consumers": 2. In 2008, australia was the 13th most prolific producer of sustainability reports; by. In 2012, the australian council of superannuation investors (acsi) reviewed the sustainability reporting practices of the s&p/asx 200 companies. In the asx 200, 51% of companies were reporting at more than a basic level. In the asx 50, all companies provided some level of reporting on environmental risk and 26 companies (52%) were found to have best practice reporting. Some theories that explain and predict voluntary disclosure.
