Finance professionals urge better environmental reporting

A growing number of companies are commenting on their environmental policies and practices in their annual reports, but much of the information given is selective and vague. A draft report from the Institute of Chartered Accountants in England and Wales (ICA) has outlined how the accountancy profession could contribute to more accurate reporting practices.1 A group of leading finance directors has also chipped into the debate, while drawing back from advocating the disclosure of bad environmental news as well as good.

The ICA's report is intended to provide an analysis of the key issues which need to be addressed before it can develop environmental accounting standards for its members.

The principles advocated by the ICA are that company environmental information should be readily accessible, accurate, and comparable over time and with other firms' reports. All stakeholders - investors, lending institutions, employees and consumers - should have the in

Please sign in or register to continue.

Sign in to continue reading

Having trouble signing in?

Contact Customer Support at
or call 020 8267 8120

Subscribe for full access

or Register for limited access

Already subscribe but don't have a password?
Activate your web account here