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Assignment on Contemporary Issues of Accounting

   

Added on  2020-03-07

13 Pages2658 Words35 Views
Contemporary Issues in AccountingResearch ProposalStudent Name:Your assigned research question*:Title:Submission Date: 1 | P a g e

Acknowledgement:I certify that I have carefully reviewed the university’s academic misconduct policy. I understandthat the source of ideas must be referenced and that quotation marks and a reference are required when directly quoting anyone else’s words. 2 | P a g e

Introduction:Climate Change Information Request is an integrated program of CPD that functions in a way such that companies greenhouse gas emissions can be reduced. They are working hand in hand with companies to mitigate effects of climate change risks[ CITATION Mos101 \l 1033 ]. Currently they are working with various investors globally with huge assets, collecting information and processing the same to bring about positive impact on our climate. Companies adhering to climate change requests are furnishing their details and answering questions from climate changeinformation requests provided by CPD through an Online Response System (ORS) given in their websites. In Australia this body is striving tremendously to bring about a positive impact on the climate. The scope of this current report focuses on climate change attributes for Exxon Mobil Corporation[ CITATION cdn17 \l 1033 ]. Exxon Mobil Corporation is an American multinational oiland gas company with its headquarters in Spring, Texas. The Company is making several endeavors to reduce the harmful effects it causes on the environment by having discussions with stakeholder groups and others. The scope of the report thus discuses practical applications as impacted by the Company for bringing a positive change in the environment. Practical Motivation:Climate change 2015 Information Request aims to collect data and information in regards to the Company’s stakeholder group, management and investors along with their specific motivations. Exxon Mobil Corporation being world’s largest traded international gas company has large volumes of gas and oil reserves[ CITATION Mur08 \l 1033 ]. They not only has large reserves but also comprise of world’s largest chemical company, who are constantly aiming to transform energy into sustainable modes and methods. The Company aims to create an existing brand namein the industry. Exxon Mobil Chemical a primarily petrochemical Company that was created by merging of Mobil’s chemical industry with that of Exxon. Apart from manufacturing various chemical products, the Company is into manufacturing of several types of additional chemical products from scientific innovations as well[ CITATION Sto14 \l 1033 ]. The Company wants to become a leader in the innovative domain such that it is able to become a leader in the refining and chemical productions. The Company has been targeted various times for criticism for their 3 | P a g e

environmental lobby group and disagreeing to global warming impacts. Hence, the Company aims to create a positive endeavor in that regards. Developing sustainable fuel and furnishing information to Climate Change Information 2015 CPD can allow the Company become a leadingone in its industry[ CITATION Int142 \l 1033 ]. Theoretical Motivation:Environmental concerns have been a matter of high importance now with large number of changes being brought about in the current domain. Various researches are aimed at attaining of environmental standards of highest levels such that a positive effect can be generated and further deterioration of the climate can be stopped[ CITATION Chi092 \l 1033 ]. Theoretical motivation for the study encompasses aspects that can be accommodate to further develop scientific endeavors for arriving at goals for the study. Legitimacy theory has been selected for the purpose of analysis in this study. Legitimacy theory assumes according to a generalized perception or with assumptions for actions of an organisation with an appropriately developed system of values, beliefs, norms, definitions and so on. Climatic degradation has been a major aspect of theoretical debate as well as scientific inventions in recent times that has led to adopting this project for study. 4 | P a g e

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