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- Title
Triple Bottom Line Reporting: An Analytical Approach for Corporate Sustainability.
- Authors
Goel, Puneeta
- Abstract
The growth and interest in corporate accountability issues has in part emerged from recurring examples of corporate irresponsibility and scandals. Voluntary efforts and statutory obligations are required to ensure that companies assume appropriate responsibility and transparency for various human rights and environmental obligations. Triple bottom line reporting as per global reporting initiative can act as an instrument to define the indicators of social, economic and environment activities. Transparency and accountability for economic, environmental and social corporate performance are the core notions embedded in the triple bottom line. While relatively few companies formally issue triple bottom line reports, the interest is now evident across the business community. An analysis of sustainability reporting by Jubilant Organosys Ltd. concludes that inspite of having a separate report on sustainable reporting they only account for on an average 60% of the performance indicators as per the global sustainability reporting indicators.
- Subjects
SOCIAL responsibility of business; CORPORATE culture; ENVIRONMENTAL responsibility; JUBILANT Organosys Ltd.; BUSINESS enterprises &; the environment; CORPORATION reports
- Publication
Journal of Finance, Accounting & Management, 2010, Vol 1, Issue 1, p27
- ISSN
2153-2818
- Publication type
Article