Environmental initiatives: towards triple‐bottom line reporting

Abstract

The objective of this study was to investigate the quantity and quality of voluntary environmental disclosures in the annual reports of firms listed by market capitalisation on the Australian Stock Exchange. The periods examined were those immediately prior and subsequent to the release of the Exposure Draft Coalition for Environmentally Responsible Economics (CERES) Global Reporting Initiatives (GRI) issued in March 1999. Using content analysis to focus on the environmental aspects, the study compared 425 annual reports over a two‐year period and 60 environmental reports, in order to explore reporting practices in the periods surrounding this intervention. The results suggest a trend to triple‐bottom reporting, and a significant change in the quality and quantity of environmental information, albeit in specific categories.

Citation

Raar, J. (2002), "Environmental initiatives: towards triple‐bottom line reporting", Corporate Communications: An International Journal, Vol. 7 No. 3, pp. 169-183. https://doi.org/10.1108/13563280210436781