Comparative Analysis of CSR/Sustainability Accounting of AGL Energy and Origin Energy

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ACCT209 CORPORATE ACCOUNTING

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Executive Summary
This report has been drafted to critical evaluate the corporate social reports prepared by
AGL Energy and Origin Energy. A detailed comparison has been provided to discuss the matters
that have been disclosed by both the selected companies in their corporate social reports.
Corporate social responsibility is linked with sustainable accountability as they both aims to
satisfy the requirement of stakeholders in sustainable manner.

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Contents
Executive Summary.........................................................................................................................2
Introduction......................................................................................................................................4
Discussion and critical analysis on key questions...........................................................................4
Comparative analysis of CSR/sustainability accounting across 2 companies in the same
Industries, selected from the ASX 200 companies..........................................................................5
Conclusion.....................................................................................................................................10
References......................................................................................................................................12

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Introduction
Corporate social responsibility is one of the key aspects for all the listed entities as it
derives what actually company has performed for the public they serve in. Corporate social
responsibility is related with the sustainability accounting as both are related with the
accountability of company to its stakeholders. Corporate social responsibility or CSR is the way
company manages its business processes in order to have positive result on society. In this report
there will discussion on CSR practices followed by AGL Energy and Origin Energy. For this
purpose critical analysis of CSR reports have been performed to make comparative analysis of
CSR practices followed by both companies. Both of these companies belong to the energy sector
in Australia and have responsibility to make compliance with CSR requirements. The main
corporate social responsibility of energy companies in Australia is to protect environment, make
innovation, and fight against the climate change, workers safety, engagement of community, and
safety of personal and working life.
Discussion and critical analysis on key questions
Corporate social responsibility (CSR) and sustainability accounting
There can be multiple definition of CSR as there is no uniformity in its definition. To the
best it can be defined as company’s responsibility towards the society and environment for
which it operates. The best way to promote the corporate social responsibility is help the society
and environment by reducing pollution and waste, to conduct educational and social programs
and to earn maximum returns on the capital employed. The best way to account for corporate
social responsibility is to have sustainability accounting for all the efforts that have been