DOI: 10.5176/2010-4804_2.1.171
Authors: Anirban Chatterjee and Ratnam Alagiah
Abstract:
Mining and Crude-oil production companies worldwide have adopted varying levels of generating Greenhouse Gas (GHG) disclosures accompanied by assurance statements ranging from simple narrative paragraphs within an entity’s annual report to separate, stand-alone sustainability reports as a supplementary source of information (O’Dwyer & Owen 2005). However, the information remains voluntary because of the absence of any appropriate legislation, regulation and generally accepted verification and validation protocols. Consequently, the current reporting practices adopted by the chosen companies remain inconsistent, incomplete and are not being accompanied by increasing levels of public confidence (Kolk, Levy & Pinkse 2008).
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