Issues in Sustainability Accounting: A Global Reporting Initiative Perspective

2015 ◽  
Author(s):  
Victor Chiedu Oba ◽  
Jide Ibikunle
Keyword(s):  
Global Reporting Initiative ◽  
Sustainability Accounting

scholarly journals The influence of non-governmental organizations (NGOs) on the development of voluntary sustainability accounting reporting rules

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Seleshi Sisaye
Keyword(s):  
Academic Research ◽  
Global Reporting Initiative ◽  
Integrated Reporting ◽  
Content Type ◽  
Governmental Organizations ◽  
Non Governmental Organizations ◽  
Living Entity ◽  
External Reporting ◽  
Sustainability Accounting ◽  
The Impact

PurposeThe purpose of this paper is to show the impact that non-governmental organizations (NGOs) have on the evolution of Global Reporting Initiative (GRI). GRI is a sustainability report disclosed by business organizations to meet the demands and interests of various stakeholders. These stakeholders’ needs have influenced GRI and its guidelines.Design/methodology/approachThe methodology for this paper is library-based archival research. It is qualitatively and analytically descriptive of prior academic research and published literature on the subject.FindingsSustainability accounting rulemaking has evolved overtime resulting in proliferation of reporting rules. These rules have improved the extent and scope of environmental and economic performances that businesses disclose in GRI.Originality/valueGRI has provided the foundation for integrated reporting (IR). Both GRI and IR have ecological and functional dimensions. Sustainability is functionally inherent in the accounting principle of materiality, when disclosed in external reporting. The ongoing concern of business assumes an organization is systemic and operates as a living entity only when it can provide sustainable performance that benefits stakeholders and society.

scholarly journals The effect of sustainability accounting disclosures on financial performance: an empirical study on the Jordanian banking sector

2019 ◽  
Vol 14 (2) ◽  
pp. 1-8
Author(s):  
Othman Hel Al-Dhaimesh ◽  
Mo’taz Kamel Al Zobi
Keyword(s):  
Financial Performance ◽  
Banking Sector ◽  
Global Reporting Initiative ◽  
Accounting Disclosure ◽  
Study Objective ◽  
Economic Dimension ◽  
Return On Equity ◽  
Content Analysis Method ◽  
Study Results ◽  
Sustainability Accounting

This study aims to examine the effect of sustainability accounting disclosure on the financial performance of banks operating in Jordan during the period of 2013–2017. The study focused on the effect of economic, environmental and social disclosures on financial performance. To achieve the study objective, the content analysis method was used. The dimensions of sustainability accounting disclosure were measured through indicators that have been developed for this purpose, which are in accordance with Global Reporting Initiative (GRI) (G4-2013). The study results revealed that there is a statistically significant effect of sustainability accounting disclosure on the financial performance. In addition, the study results revealed that the disclosure of the economic and social dimensions had a positive effect on return on equity (ROE). While the environmental dimension did not affect the return on equity (ROE). In addition, the results of the study revealed that the disclosure of sustainability dimensions (economic, social and environment) had a combined effect on the return on assets (ROA). This means that the banks operating in Jordan give more priority to the economic dimension disclosure, than to the social and environmental dimensions.In reviewing previous studies in the accounting literature, it has been found that there is a paucity of studies that examine the concept of sustainability accounting, especially in the Jordanian banking sector. Therefore, this study constitutes value to this field.

scholarly journals PENGARUH SUSTAINABILITY ACCOUNTING TERHADAP KINERJA PERUSAHAAN (PADA PERUSAHAAN YANG TERDAFTAR DI BURSA EFEK INDONESIA)

2019 ◽  
Vol 4 (2) ◽  
pp. 151
Author(s):  
Lely Mulyawati ◽  
Yvonne Augustine
Keyword(s):  
Firm Performance ◽  
Stock Exchange ◽  
Positive Influence ◽  
Regression Method ◽  
Social Aspects ◽  
Global Reporting Initiative ◽  
Return On Equity ◽  
Sustainability Accounting ◽  
Return On Sales ◽  
Significant Positive Influence

<p><em>The purpose is to know the influence of sustainability accounting to<strong> </strong>firm performance in companies which listed in Indonesia Stock Exchange, in 2011-2015. Sustainability accounting use Guidelines Global Reporting Initiative G4. Firm performance use Return on Sales (ROS), and Return on Equity (ROE)</em><em>.</em> <em>This research uses regression method with Program IBM SPSS 23.</em><em> </em><em>The finding are sustainability accounting (economic, environment, and social aspects disclosure) didn’t have a significant positive influence to ROS</em><em>.</em><em> Economic, and environment aspects disclosure didn’t have a significant positive influence</em><em>, </em><em>but</em><em> </em><em>social aspects disclosure have a significant positive influence to Return on Equity</em><em>.</em><em></em></p>

scholarly journals Issues in Sustainability Accounting Reporting

2017 ◽  
Vol 6 (3) ◽  
pp. 64
Author(s):  
Elena Munoz ◽  
Lijuan Zhao ◽  
David C. Yang
Keyword(s):  
Sustainability Reporting ◽  
Reporting Guidelines ◽  
Annual Reports ◽  
Analysis Approach ◽  
Global Reporting Initiative ◽  
Public Companies ◽  
Comprehensive View ◽  
Sustainability Accounting ◽  
Sustainability Reporting Guidelines ◽  
The U.S

In the U.S., sustainability accounting reporting is developing and becoming more prevalent in public companies. This paper reviews accounting literature and Dow 30 companies’ websites, presents a comprehensive view of the landscape of sustainability accounting reporting, and identifies seven issues of the reporting frameworks of sustainability accounting, i.e., (1) definitions, (2) measurements and disclosures, (3) motivations, (4) compliance, (5) enforcement, (6) standardization, and (7) the ultimate effect on reliability and comparability.An archival analysis approach is used to summarize and compare Dow 30 sustainability accounting reporting frameworks and information disclosed in 2015 annual reports and websites. The most popular framework is the Global Reporting Initiative (GRI) G4 Sustainability Reporting Guidelines. Some companies developed sustainability accounting reporting frameworks and others did not disclose any information regarding sustainability accounting reporting. Although the GRI framework is the most used, external assurance is present in only a few companies.

A Comparison of CSR Disclosure Guidelines and a Self-Prepared CSR Disclosure Index- A Study of Select Automotive Companies

2015 ◽  
Vol 4 (2) ◽  
Author(s):  
N.K. Gupta ◽  
Shilki Bhatia
Keyword(s):  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Economic Environment ◽  
Global Reporting Initiative ◽  
The Social ◽  
Regulatory Bodies ◽  
Csr Disclosure ◽  
Corporate Social ◽  
The Impact ◽  
Voluntary Guidelines

In India, corporate social responsibility and its disclosure got attention during the eighties and have been gaining importance with time in present economic environment, especially after adoption of liberalization, privatization, and globalization (LPG) (Goswami, 2011). Guidelines, principles, and codes are being developed by various regulatory bodies in India and across the globe to increase transparency and accountability about both a companys daily operations and the impact of these operations on society (Tran, 2014) In this paper, the author has studied the CSR guidelines laid down by Global Reporting Initiative G3.1 (GRI-G-3) and The National Voluntary Guidelines by Ministry of Corporate Affairs (NVG-MCA) and has compared them with a self-composed CSR Disclosure Index (CSRDI). The social responsibility initiatives taken by select Indian Automotive Companies have been analyzed and the companies have been rated as per the disclosures made by them. The main focus of the research is to compare the CSR Rankings of companies as per CSRDI with the companies rankings as per GRI-G-3 and NVG-MCA. It was observed that out of 30 sensex companies, Maruti Suzuki and TATA Motors have been the pioneers in contribution towards CSR initiatives. The top five rated companies were TATA Motors, Maruti Suzuki, Mahindra and Mahindra, Hero Motocorp, Bajaj Auto, and Apollo Tyres.

Responsabilidad social universitaria a través de los reportes de sostenibilidad del Global Reporting Initiative: experiencia de una universidad pública

2018 ◽  
pp. 120-137
Author(s):  
Patricia Huerta-Riveros ◽  
Héctor Gaete-Feres
Keyword(s):  
Global Reporting Initiative ◽  
Educación Superior ◽  
Educacion Superior ◽  
Estudio De Caso

Este artículo, lleva a cabo una aproximación al concepto de responsabilidad social universitaria y realiza una breve descripción de las metodologías para elaborar reportes de sostenibilidad, en particular del Glo- bal Reporting Initiative (gri). Posteriormente, a través del análisis de contexto del gri y la experiencia de una institución de educación superior, aporta evidencia empírica al respecto. Como resultados, se descu- bre que de 7 650 instituciones sólo 90 corresponden a universidades y, aplicando un estudio de caso a la Universidad del Bío-Bío, en Chile, se detecta que la metodología gri permite dar cuenta de las activida-des de responsabilidad social alcanzando el nivel A. Así se puede afirmar que los reportes de sostenibilidad muestran las actividades desarrolladas por las instituciones a través de un marco de certificación, al igualque sus compromisos de responsabilidad social.

scholarly journals The Enabling Role of Digital Technologies in Sustainability Accounting: Findings from Norwegian Manufacturing Companies

Systems ◽  
2021 ◽  
Vol 9 (2) ◽  
pp. 33
Author(s):  
Olena Klymenko ◽  
Lise Lillebrygfjeld Halse ◽  
Bjørn Jæger
Keyword(s):  
Research Area ◽  
Digital Data ◽  
Manufacturing Companies ◽  
Sustainable Operations ◽  
Business Model Canvas ◽  
Automation And Control ◽  
Sustainability Accounting ◽  
And Control

Sustainability accounting is an emerging research area receiving growing awareness. This study examines the role of digital technology in manufacturing companies’ sustainability accounting. To guide the research, we use a triple layered business model canvas, which supports the accounting of a manufacturer’s performance for the economic, environmental, and social aspects of sustainability. We present an explorative case study of four Norwegian manufacturing companies representing different industries. The findings from the study indicate that while accounting for economic values is well taken care of, companies do not perform comprehensive environmental and social accounting. Furthermore, we observed a shift from a focus on sustainability issues related to the internal manufacturing process to a focus on sustainability issues for the life cycle of the product. Even though the manufacturers are at the forefront with regard to automation and control of production, with extensive use of robots giving a large amount of data, these data are not utilized towards sustainability accounting, showing that sustainability and digitalization are seen as two separate phenomena. This study sheds light on how digital data available from applied Industry 4.0 technologies could enhance sustainability accounting with limited efforts, linking sustainability and digitalization. The results provide insights for manufacturers and researchers in moving towards more sustainable operations and products.

scholarly journals The Dimension of Sustainability: A Comparative Analysis of Broadness of Information in Italian Companies

2021 ◽  
Vol 13 (3) ◽  
pp. 1457 ◽  
Author(s):  
Sabrina Spallini ◽  
Virginia Milone ◽  
Antonio Nisio ◽  
Patrizia Romanazzi
Keyword(s):  
Business Performance ◽  
Univariate Analysis ◽  
Multivariate Regression Analysis ◽  
Global Reporting Initiative ◽  
Policy Makers ◽  
Mean Values ◽  
Regulatory Interventions ◽  
Development Goals ◽  
Key Dimensions ◽  
Positive Correlations

In recent years, sustainability has become one of the key dimensions of business performance. The results obtained in terms of sustainability must be adequately communicated in suitable reports, the quality of which is determined by several factors. One of these, the breadth of information provided, plays a significant role. The aim of this paper is to measure the broadness of non-financial information in sustainability reports and correlate this to some selected variables that refer to corporate governance, i.e., the presence of an internal sustainability committee and of female directors; the characteristics of the report e.g., Sustainable Development Goals (SDG) citation; company features, number of employees, revenues, and Return On Assets ROA. For this purpose, 134 Italian companies were studied and a score based on the conformity of the NFD (non-financial disclosure) with the GRI (Global Reporting Initiative) standards was created. To test the research hypotheses, univariate analysis and multivariate regression analysis were performed. The results showed different behaviors by the companies in terms of sustainability policies. The GRISC (Global Reporting Initiative Score) has a greater concentration on mean values. Positive correlations were found between GRISC and the presence of an internal sustainability committee, SDG citation in the NFD and company size. This study offers support for policy makers and practitioners as it provides a measure of the breadth of sustainability information and relates this to the variables analyzed. The latter depend on regulatory interventions or company policies which are implemented, or could be implemented, to improve the extent of the NFD.

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