ACCT 103 Lecture Notes - Lecture 21: Pulitzer Prize For International Reporting, Supply Chain, Ap 42 Compilation Of Air Pollutant Emission Factors
2 Oct 2020
School
Department
Course
Professor
Document Summary
Strong trend among companies to have their sustainability reports assured by independent third parties. The aim of assurance is to validate and provide credibility over their report. The drivers towards this trend of increased assurance are: reinforcement of the credibility of sustainability reports within stakeholder and investor groups, improvement in the quality of reported information, assurance leading to improved reporting processes. There are differences between companies on whether all the contents of sustainability reports are assured. Companies are creating codes of conduct for their supply chain, which their suppliers must follow in order to conduct business. National australia bank (nab) has a supplier sustainability program in place as they believe that the conduct of their suppliers can also affect their own sustainability performance and their reputation. Energy efficiency as an important example of sustainability. Rising energy costs, concerns over climate change the measurement, reporting and verification of energy, greenhouse gas and climate change-related information is an increasingly common business practice.
