Social Responsibility Reporting

Corporate Social Reporting
Corporate social reporting involves the disclosure of an organization's performance in social, environmental, and ethical dimensions. It reflects a company's commitment to social responsibility and transparency to stakeholders.
Environmental Accounting
Environmental Accounting (EA) is a subset of accounting that focuses on the efficient use, management, and reporting of resources used by businesses to reduce environmental impacts. EA includes identifying, measuring, and communicating the costs of a company's economic activities associated with the environment.
Environmental Audit (Green Audit)
An environmental audit, also known as a green audit, assesses the impact of an organization's activities on the environment. Its goal is to ensure an organization’s operations comply with environmental policies, and recommendations for sustainability are regularly reviewed. Such audits can be internal or conducted by external consultants.
Social Audit
A comprehensive evaluation of the impact that an organization has on society, including components like environmental audits as part of broader social responsibility reporting.
Social Responsibility Reporting (Corporate Social Reporting)
Social Responsibility Reporting (also known as Corporate Social Reporting) refers to the practice of communicating a business's initiatives and achievements in social accounting issues, often included within the annual accounts or in a separate report.

Accounting Terms Lexicon

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