Sustainability Report: Evaluating Company's Environmental Impact

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Added on  2023/01/19

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This report focuses on the significance of sustainability reports within the realm of management accounting. It examines how these reports provide insights into a company's environmental impact and its commitment to sustainable practices. The report highlights the role of sustainability reports in conveying a company's long-term goals, attracting investors, and fulfilling environmental responsibilities. It further discusses the essential qualities of a good sustainability report, emphasizing the importance of accurate, reliable, and transparent information for stakeholders. The author, assuming the role of a CEO, underscores the necessity of issuing such reports to demonstrate a company's dedication to environmental stewardship and its contribution to broader societal values. The report also provides references for further reading on the subject.
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Running head: Management Accounting
Management Accounting
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Management Accounting
Table of Contents
Sustainability Report..................................................................................................................2
References..................................................................................................................................3
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Management Accounting
Sustainability Report
Sustainability report are the report which are issued by the company in regards with
their activity related to the economic, social and environmental1. This represent the method
which the company applies in regard with their responsibility with the society in which they
work.
Role of the sustainability report it represent long term goals of the business so this
help the investors to know more about the company. It help company to fulfil its
responsibility in regards with the environment and help them to ensure that can improve their
green initiatives and it’s always play an important role in regards with the relationship of the
company with the investors and its customers2. The report show how the company industry is
affecting the environment and say whether the practices which are performed by the company
is bale to build more amount value in compare to what is destroying in the environment.
Being the CEO of the company, the company should issue the sustainability report as
it will help the individual how the company is performing their activities in regards with the
environment and how it helping the country to add value in the environment.
Qualities which the report should have that it should provide the report should have
proper knowledge so that the stakeholders will able to answer the required information and
able to know how the company is performing as the company should provide the accurate
information which can be rely by the stakeholders. It should be made with proper quality,
assurance and honesty so that it can provide accurate information to the stakeholders.
1 Benn, Suzanne, Melissa Edwards, and Tim Williams. Organizational change for corporate
sustainability. Routledge, 2014.
2 Solow, Robert. "An almost practical step toward sustainability." An Almost Practical Step Toward
Sustainability. RFF Press, 2014. 11-28.
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Management Accounting
References
Benn, Suzanne, Melissa Edwards, and Tim Williams. Organizational change for corporate
sustainability. Routledge, 2014.
Solow, Robert. "An almost practical step toward sustainability." An Almost Practical Step
Toward Sustainability. RFF Press, 2014. 11-28.
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