The visibility of the Environmental reports Essay

The visibility of the Environmental reports - Essay Example 1. The elevation of social accountability and the current reach of the environmental responsibility of the corporate world? Is environmental responsibility addressing the real concerns or is it a public propaganda? 2. Prior research indicates that the firms used to elevate the social accountability as an employee welfare activity and ignore other related important operational information. A very little has been done to the environment improvement. There is no sustainable development but firms used to highlight specific events they have had organized. Firms from the seventies started concerning about environment to please the public and to get approved by the environmental & other governing authorities. The stringent laws imposed in response to the rapid pollution worldwide the firms were forced to abide the regulations specified by concerned authorities. 3. Socio Economic theory was used to examine the social accountability of the firm. 4. The theory describes about the authenticity of the disclosures about the environmental responsibility. The Socioeconomic theory demands for the release of both the extremes of the facts about the environment accountability of the firm which many companies were not providing at that time. The theory demands that the environmental reports are to released with the annual reports to enhance the accountability and visibility of the firm towards environmental awareness. However the firms used to release a separate report about the environment.