Environmental sustainability disclosures in annual reports of ASX Industrials List companies

2021 ◽  
Author(s):  
Andrej Miklosik ◽  
Peter Starchon ◽  
Milos Hitka
Keyword(s):  
Environmental Sustainability ◽  
Annual Reports

Impact of Sustainability Reporting on Firm Performance of Companies in India

2015 ◽  
Vol 4 (3) ◽  
Author(s):  
Priyanka Garg
Keyword(s):  
Environmental Sustainability ◽  
Rural Livelihoods ◽  
Sustainability Reporting ◽  
Annual Reports ◽  
Marginal Lands ◽  
Great Ability ◽  
Reporting Practices ◽  
Long Run ◽  
Short Run ◽  
Core Idea

The core idea of sustainability is that current decisions should not impair the prospects for maintaining or improving future living standards (Repetto, 1986). GRI (2006) defined sustainability as meeting the needs of the present without compromising the ability of future generations to meet their needs. The challenges of sustainable development are many and it is widely accepted that organizations have not only a responsibility but also a great ability to exert positive change on the state of the worlds economy, and environmental and social conditions. Further, the issue of environmental sustainability is intertwined with that of poverty and inequity. The causative relationship runs both ways- increased poverty and loss of rural livelihoods accelerates environmental degradation as displaced people put greater pressure on forests, fisheries, and marginal lands. The present study has made an attempt to investigate the relationship between sustainability reporting and financial performance of companies in India. Data have been collected with the help of annual reports of selected companies and Prowess Database. Collected data have been analyzed with the help of SPSS 16.0. The study shows that sustainability reporting practices of companies has improved over the time. Further, research reveals that sustainability reporting practices of a firm impact its performance negatively in short run while positively in long run.

scholarly journals CSR Initiatives and Practices: Empirical Evidence From Indian Metal and Mining Companies

SAGE Open ◽  
2021 ◽  
Vol 11 (3) ◽  
pp. 215824402110326
Author(s):  
Ajay K. Singal
Keyword(s):  
Environmental Sustainability ◽  
Annual Reports ◽  
Local Domain ◽  
Internal Governance ◽  
Domain Experts ◽  
Analysis Technique ◽  
Extractive Sector ◽  
Second Tier ◽  
Corporate Social ◽  
Text Network Analysis

This study investigates the corporate social responsibility (CSR) discourse on community and environment by Indian metal and mining (extractive) sector. Specifically, we examine the change in internal governance and external implementation mechanisms in response to affirmative CSR policy actions. Applying text network analysis technique on CSR related expenditures provided in the annual reports and CSR annexures (2014–2018), our study reveals that CSR discourse of extractive firms improved significantly and became more focused after the introduction of post-affirmative policy. CSR initiatives in the extractive sector are primarily focused toward local social development, with little emphasis on the environmental sustainability. Furthermore, companies have adopted two-tier governance structures for managing CSR. The top tier comprises board members who formulate the CSR programs, while the second tier has executives responsible for the implementation. Another tier of governance involving local domain experts is emerging. The three-tier implementation mechanisms give firms a tighter control on spending and enhance the effectiveness of initiatives. We present the results visually in the form of network graphs.

How Green Is the Green Banking Investment in Bangladesh?

2020 ◽  
pp. 270-280
Author(s):  
Md Hafij Ullah ◽  
Parvez Mia
Keyword(s):  
Human Rights ◽  
Environmental Sustainability ◽  
Banking Sector ◽  
Critical Role ◽  
Annual Reports ◽  
Careful Examination ◽  
Environmental Damage ◽  
The Social ◽  
The Government ◽  
Human Rights Violation

The banking sector plays a critical role in economic development while its activities are also equally responsible for social and environmental damage such as violation of human rights, loss of biodiversity, and climate change in Bangladesh. A careful examination of investing and financing activities disclosed in annual reports of 35 selected banks suggest that, while banks are taking several in-house and external green initiatives, many of them are also actively investing and funding projects like shipbreaking that threaten environmental sustainability and are prone to human rights violation. This chapter urges the government, policymakers, and central bank in developing policies and regulating banks; stakeholders in understanding banks' commitment and actions to safeguard the environment and human rights; and managers in measuring, reporting, and mitigating the social and environmental impact through their current and future lending policies.

Social Responsibility and Sustainability of Fast Fashion Retail Companies in the Textile Sector

2020 ◽  
pp. 303-324
Author(s):  
Javier Sierra-Sánchez ◽  
Luis Mañas-Viniegra
Keyword(s):  
Supply Chain ◽  
Environmental Sustainability ◽  
Emerging Countries ◽  
International Standards ◽  
Annual Reports ◽  
Fast Fashion ◽  
Lack Of Control ◽  
Sustainability Reports ◽  
Textile Sector

Social and environmental sustainability in the supply chain has been a major concern over the last decade as public opinion has placed responsibility on the shoulders of retail companies for their lack of control over suppliers that go beyond the first tier, which are usually located in emerging countries with regulations far below international standards. The objective of this research is to identify the variables through which retail companies are building their brand equity with a fast fashion business model in the textile sector. An analysis has been carried out regarding the content of annual reports, as well as CSR and sustainability reports, of the main retail companies in the textile sector: The TJX Companies, Inditex, and H&M. Inditex, the company with the highest level of compliance, can be identified and considered as a case study.

E-Waste Reporting in Malaysia – A Preliminary Study

2021 ◽  
Vol 12 (1) ◽  
pp. 64-64
Author(s):  
Hafizah Abd-Mutalib ◽  
Che Zuriana Muhammad Jamil ◽  
Rapiah Mohamed ◽  
Nor Atikah Shafai ◽  
Nor Ahmad Saidatul Nurul Hidayah Jannatun Naim
Keyword(s):  
Environmental Sustainability ◽  
Flame Retardants ◽  
Annual Reports ◽  
Basel Convention ◽  
Respiratory Problems ◽  
Toxic Materials ◽  
Aquatic Contamination ◽  
Critical Issues ◽  
Useful Life ◽  
Preliminary Study

Globally, the awareness of environmental sustainability is gaining prominence, and one of the critical issues discussed in this area is waste management. With the advent of the digitalisation age, where information may be retrieved with a finger point, the use of electric and electronic appliances has been increasing exponentially. The appliances contain components that are usually filled with toxic materials and heavy metals such as mercury, lead and brominated flame retardants that are considered hazardous under the Basel Convention. When these appliances reach the end of their useful life, the toxic components that are not properly disposed of will eventually end up in landfills, thus endangering human health and the environment (www.doe.gov.my). Unproperly managed e-waste will result in soil, atmospheric and aquatic contamination (Alabi, Adeoluwa, Huo, Xu, & Bakare, 2021). Furthermore, these contaminations posed a threat to human, animals and plants (Alabi et al., 2021). Within humans, exposure to e-waste will lead to health problems such as changes in thyroid function, respiratory problems, changes in temperament and behaviour, decreased lung function, DNA damage and cancer (Grant et al., 2013; Alabi et al., 2021). Keywords: E-waste, Reporting, Annual reports, Malaysia

Green accounting practices: lesson from an emerging economy

2019 ◽  
Vol 11 (4) ◽  
pp. 456-478 ◽  
Author(s):  
Haruna Maama ◽  
Kingsley Opoku Appiah
Keyword(s):  
Content Analysis ◽  
Environmental Sustainability ◽  
Oil And Gas ◽  
Stock Exchange ◽  
Social Performance ◽  
Annual Reports ◽  
Accounting System ◽  
Green Accounting ◽  
Content Type ◽  
Reporting Practices

Purpose Reporting on only the financial performance of an organisation is no longer the focus of reporting because, gradually, investors and other stakeholders demand that companies also report on their effect on the environment and the society. Accounting and reporting for the environment has, therefore, increasingly become important to stakeholders and organisations because the effect of an organisation’s environmental and social performance on its financial health. The purpose of this study is to examine the extend of voluntary green accounting practice of companies listed on the Ghana Stock Exchange (GSE). Design/methodology/approach The analysis is based on content analysis of 202 annual reports of 23 listed firms in Ghana, from 2006 to 2015. Findings The mining, oil and gas sector has integrated environmental sustainability information in their accounting system. With regards to the nature of green disclosure, the content analysis depicts that only positive qualitative disclosures were provided in the annual reports. Again, almost all the companies increased the quality and quantity of environmental disclosures over the years. Practical implications The service and manufacturing sectors should integrate environmental sustainability information in their accounting system. This, in turn, may enhance their legitimacy to access critical resources for survival. Originality/value This study contributes to the green and social reporting practices literature from Ghana, a sub-Sahara Africa country.

scholarly journals Green Behavior and Financial Performance: Impact on the Malaysian Fashion Industry

SAGE Open ◽  
2020 ◽  
Vol 10 (3) ◽  
pp. 215824402095317
Author(s):  
Qaisar Ali ◽  
Asma Salman ◽  
Shazia Parveen ◽  
Zaki Zaini
Keyword(s):  
Financial Performance ◽  
Environmental Sustainability ◽  
Business Models ◽  
Secondary Data ◽  
Iso 14001 ◽  
Annual Reports ◽  
Fashion Industry ◽  
Performance Impact ◽  
Managerial Implications ◽  
Green Behavior

The dogma of conscious environmental behavior has laid the paradigm for sustainable consumer behavior. Modern-day corporates have introduced innovative business models to add a new value to manage fluctuations in consumer behaviors and rejuvenate their financial performance. Similarly, in fashion industry, textile firms have warmly embraced the new business models and widely adopted environmental management systems (EMSs) to contribute to environmental sustainability. This research aims to explore eco-consumerism and its impacts on the financial performance of textile firms in Malaysia. The secondary data of textile firms’ performance from 2013 to 2015 were collected from an online database and annual reports of firms’ web portals. The findings reveal that the textile firms which successfully adopted EMS such as ISO 14001 show significant changes in performance compared with firms which are yet to adopt EMS certification. Moreover, eco-consumerism directly impacts EMS-adopted firms’ performance. Our findings are robust for practical, research, and managerial implications to classify and understand the impacts of consumers’ green behavior on corporate performance. This study contributes to understand the influence of consumers’ eco-behavior to adopt EMS and its impact on the financial performance of textile firms in Malaysia.

scholarly journals Corporate Sustainability Disclosure: A Leather Industry Perspective

2020 ◽  
Vol 4 (1) ◽  
pp. 44-51 ◽  
Author(s):  
Oluwaseyi Omoloso ◽  
William R. Wise ◽  
Kathleen Mortimer ◽  
Luai Jraisat
Keyword(s):  
Environmental Sustainability ◽  
Social Economic ◽  
Corporate Sustainability ◽  
Good Practice ◽  
Annual Reports ◽  
Future Research ◽  
Leather Industry ◽  
Sustainability Disclosure ◽  
Corporate Social Responsibility Report ◽  
Sustainability Practices

This study aims to identify and compare the key social, economic and environmental sustainability practices in the leather industry. Content analysis was used to analyse extracted sustainability information from either the website, annual report, sustainability report or corporate social responsibility report of six leather-related companies. Review of existing literature assisted in categorising different practices under social, economic and environmental sustainability, while an identification of patterns among practices followed. Findings reveal that companies are observing a good practice of either dedicating a section of their website to revealing their sustainability activities or utilising their sustainability reports or annual reports. Energy efficiency, waste management and reduction of greenhouse gases emission were the most occurring environmental sustainability practices. Health and safety occurred as the dominant social sustainability practice, while economic sustainability practices have not been well defined, providing an opportunity for future research. The study provides a useful resource for managers and companies in the leather supply chain to learn from brands that have been embarking on sustainability efforts and assist them to a better understanding of the concept, in readiness for strategy formulation, implementation and reporting.

scholarly journals Islamic Microfinance and Sustainable Development Goals in Bangladesh

2018 ◽  
Vol 2 (1) ◽  
pp. 67-80
Author(s):  
Md. Harun Ur Rashid ◽  
Mohammed Jashim Uddin ◽  
Shah Asadullah Mohd. Zobair
Keyword(s):  
Sustainable Development ◽  
Environmental Sustainability ◽  
Social Inclusion ◽  
Sustainable Development Goals ◽  
Relevant Literature ◽  
Secondary Data ◽  
Annual Reports ◽  
Microfinance Institutions ◽  
Development Goals ◽  
Islamic Microfinance

The main objective of this study is to explore the Islamic Microfinance Instruments in achieving the Sustainable Development Goals (SDGs) in Bangladesh. The methodology of this study is based on secondary data including existing relevant literature, and annual reports of different financial institutions. The findings of this study show that Islamic microfinance institutions have a broader scope to attain SDGs through their various investment modes.The study categorizes the Islamic microfinance instruments into four broadly parts which are profit and loss sharing financing, non-profit & loss sharing financing, Islamic social enterprise based financing and charity based financing which have a positive effect to the real sector of the sustainable economy that will lead towards achieving SDGs. The Islamic Microfinance institutions are continuing their efforts in attaining SDGs through their various products. With growing the potentiality, Islamic microfinance has both direct and indirect impacts on ensuring economic development, environmental sustainability, and social inclusion by creating employment opportunity, spreading knowledge and skills, making self-dependent, protecting from adverse effects. The paper also tries to put recommendations to reduce the challenges of Islamic microfinance acting as impediments to achieving the SDGs.

scholarly journals Environmental Impacts: Local Perspectives of Selected Mining Edge Communities in Sierra Leone

2020 ◽  
Vol 12 (14) ◽  
pp. 5525 ◽  
Author(s):  
Prince T. Mabey ◽  
Wei Li ◽  
Abu J. Sundufu ◽  
Akhtar H. Lashari
Keyword(s):  
Sierra Leone ◽  
Environmental Impacts ◽  
Environmental Sustainability ◽  
Environmental Protection Agency ◽  
Secondary Data ◽  
Noise Pollution ◽  
Annual Reports ◽  
Mining Operations ◽  
Mining Company ◽  
Analysis System

Despite its contributions to the development of the country, the mining sector in Sierra Leone, has been attributed to a multitude of impacts on the environment. This article focuses on assessing the environmental impacts of mining in mining edge communities in Sierra Leone. A survey of 360 people from three mining edge communities (Sierra Rutile Limited (SRL), Bonthe district; Octea Mining Company (OMC), Kono district and Sierra Leone Mining Company (SLM), Port Loko district) was conducted. Key informant interviews, focus groups, and secondary data sources - Government policies and regulatory documents, government’s Mines Department annual reports-provided data for this article. Data were analyzed using the Statistical Analysis System with a mean separation done at α = 0.05 (SAS version 9.4). As a result of mining operations, the rates of deforestation, land degradation and destruction of farmlands, inadequate availability of clean water, poor air quality and noise pollution were the main impacts exacerbated by rutile, iron ore and diamond mining. Strategies as recommended by the local communities to be put in place, to restore ecological function in the mining edge communities include, the Environmental Protection Agency (EPA), the Mines and Mineral Agency, and other responsible authorities addressing weakness in mining and environmental policies, thereby strengthening enforcement and monitoring regulations relating to mining operations; and companies embarking on rehabilitation, reclamation, and restoration measures to ensure environmental sustainability.

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