ENVIRONMENTAL REPORTING Essay Example | Topics and Well Written Essays - 2000 words

ENVIRONMENTAL REPORTING - Essay Example a better comprehension of the risks it is exposed to as a result of climate change and can potentially reduce its costs of energy and other resources as at will gain a positive reputation in the currently competitive corporate sector. The following report explains the UK legal requirements currently upheld and the main voluntary guidance on environmental reporting. The Companies act of 2006 requires all quoted UK companies to accurately and truthfully pinpoint and report on GHCs (greenhouse gases) that they produce. Quoted companies hereby refer to all UK incorporated companies as well as those whose shares are traded in the NASDAQ, New York Stock Exchange, European Economic Area, or the London Stock Exchange (Global Reporting Initiative, 2006). As a legal framework, the company’s annual report must include the information on emissions to the extent that individuals and government agencies will be able to comprehensively understand the company’s business. This includes the use of KPIs (key performance indicators) such as utility bills if and when applicable in the report. Failure to include the GHCs emissions can be considered to be a violation of the law unless the accountant clearly indicates in the omissions sections that the GHCs emission information was omitted (Pahuja, 2009). The Institute of Chartered Accountants in cooperation with the Environment Agency in Wales and England has published direction on environmental reporting that has been helpful in reporting on environmental impacts and social impacts. When collecting data for and reporting on environmental impacts, the law requires that the following principles are upheld. Data collected and reported must properly portray the impacts that the organization has had on the environment. Being relevant will make the information helpful to internal and external users who might need to make various decisions based ion the report. Similarly, accuracy should be attained by reducing uncertainties in the

Peope and organization Assignment Example | Topics and Well Written Essays - 500 words

Peope and organization - Assignment Example This person was so friendly and he was accommodative to his entire subordinates. We could freely interact with him and always encouraged us to share our ideas and views in situations we felt that some changes should be made. Unlike other managers, this person used the open door approach where any person could approach him if he or she had a problem. The main difference between the two workers is that the first one inhibited learning in the company while the second one promoted it. the success of a company can be attributed to learning where employees can freely share their ideas and views. The management style used by the second employee was accommodative while the first co worker was authoritative in nature. 2. The ethical dilemma I encountered at school was related to the issue of using other people’s work as mine. The assignment I was working on was quite challenging and I was tempted to use my friend’s previous assignment. I intended to change a few things but I was fully aware that academic dishonesty is a serious offence. This was a crucial paper in my academic career so I had to make every effort to get the much needed pass. However, I used the decision tree to make a decision to solve this ethical dilemma. First and foremost, I realised that it was illegal to use other people’s work as yours. I also realised the repercussions of academic dishonesty and I decided not to take the action I wanted to take in the first place. Indeed, I could succeed but I felt guilty for taking that particular action. Sometimes we commit crimes unknowingly but this still will be an offence since ignorance cannot be defence. I learnt that one should first analyse the situation before taking action since this may impact on the outcome of thet action. In some cases, it is very wise to do the right thing using the right method. There are serious implications for practicing activities that are deemed as illegal. This can negatively impact on one’s academic career