Sustainability reporting frameworks

Nigel Finch

Research output: Chapter in Book/Report/Conference proceedingChapter

Abstract

The aim of this paper is to explore the literature regarding sustainability and extended reporting frameworks. We start by defining corporate social responsibility (CSR) and sustainability and adopting the view that these terms have similar meanings and are often used interchangeably to mean the same thing. Next, we outline a brief overview of the historical development of the concepts of sustainability, which will lead into an analysis of the five major frameworks covered in the literature: (1) agency view; (2) corporate social performance view; (3) resource-based view; (4) supply and demand view; and (5) the stakeholder view, which is the dominant view. Following this, we look at understanding stakeholders and their importance in sustainability and conclude with some observations about sustainability frameworks, and the motivations of companies for increased disclosure with their stakeholders. These motivations focus on the long-run corporate benefits including improved financial performance of the firm, increased competitive advantage, profit maximisation, and the long-term success of the firm.
Original languageEnglish
Title of host publicationEnvironmental accounting
Subtitle of host publicationconcepts and practices
EditorsArup Choudhuri
Place of PublicationHyderabad, India
PublisherICFAI University Press
Pages174-184
Edition1st
ISBN (Print)9788131414538
Publication statusPublished - 2008

Fingerprint Dive into the research topics of 'Sustainability reporting frameworks'. Together they form a unique fingerprint.

  • Cite this

    Finch, N. (2008). Sustainability reporting frameworks. In A. Choudhuri (Ed.), Environmental accounting: concepts and practices (1st ed., pp. 174-184). Hyderabad, India: ICFAI University Press.