Sustainability And Integrated Financial Reporting Of...

Contemporary Issues in Accounting M ACCT 5015 Major Assignment Sustainability and Integrated Financial Reporting of Australian List Firms (In Energy Sector: Santos, AGL and Origin) 7th October 2014 SP 5 Yue Wang 110130421 Executive Summary This report provides an analysis and evaluation of Sustainability Report for financial year (FY) 2013 of three Australian leading list energy companies: Santos, AGL and Origin. These three firms will be taken into the comparison by analyzing four different aspects of how they disclose in their Sustainability Report. Firstly, determine how do three companies are accountable for their sustainability issues. Second, find out any major incidents three companies have experienced during FY2013 and explain how they address the incidents. Then, discuss any type of theories that can be applied to explain about the incidents three companies had. Finally, explain how the companies address social and health issues, as well as all of environment matters. Content Executive Summary i Contents i Introduction 3 Question 1 1 Question 2 4 Question 3 6 Question 4 7 Conclusion 9 Reference List 11 Introduction According to Global Reporting Initiative (GRI) guidelines: A sustainability report is a report published by a company or an organization about the social, environmental and economic impact caused by its everyday activities. And due to the nature of the energy industry,Show MoreRelatedAccounting Theory Assignment 21710 Words   |  7 PagesWONG Assignment 2 – 1500-word Essay Topic: How social and environmental reporting practices undertaken by companies highlight the limitations of the conceptual framework. Introduction: Accountancy has always been concerned with mainly the accountability of directors to shareholders and companies to creditors. As companies grow larger and become more integrated with the society, this call for a focus towards sustainability and being accountable to a wider range of stakeholders (Perks, 1993). 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