Environmental Component of Nonfinancial Reporting: Development Trends and World Practice

DOI

10.2991/aer.k.200202.064How to use a DOI?

Keywords

nonfinancial reporting, environmental responsibility of business, sustainable development, transparency of environmental information, enterprises, region

Abstract

The article discusses the main trends in the development of non-financial reporting in Russian companies. We have analyzed international experience of various countries in the disclosure of environmentally relevant information in compliance with the generally accepted GRI criteria. Russian organizations account for slightly more than 1% in the overall structure of reports. We have carried out a thorough analysis of the official websites of Volgograd companies with a high risk of disclosure of environmentally relevant information. Research results show that only 30% of companies have their own websites, but the information available cannot provide an overall picture of the current environmental policy effectiveness. It is also not possible to obtain reports in the field of sustainable development in accordance with international criteria. An additional stage of the study consists of mailing the authors’ questionnaire on the level of companies’ readiness to provide environmentally relevant information to stakeholders. The survey has resulted in an almost complete disregard of participation – only 2 out of 67 companies took part in it. The solution of the problem may consist in informing companies about the undeniable advantages of compiling an environmental report in the field of sustainable development with the free consulting support of specialists involved in environmental protection (regional non-profit organizations, the scientific community).

Copyright

© 2020, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Elena Zalizniak
AU  - Anna Matveeva
AU  - Yuliya Polovinkina
AU  - Sergey Kirillov
PY  - 2020
DA  - 2020/02/08
TI  - Environmental Component of Nonfinancial Reporting: Development Trends and World Practice
BT  - Proceedings of the IV International Scientific and Practical Conference 'Anthropogenic Transformation of Geospace: Nature, Economy, Society' (ATG 2019)
PB  - Atlantis Press
SP  - 315
EP  - 320
SN  - 2352-5401
UR  - https://doi.org/10.2991/aer.k.200202.064
DO  - 10.2991/aer.k.200202.064
ID  - Zalizniak2020
ER  -