The growing public distress about the corporate world’s impact on our environment is driving executives and investors alike to see their activities through an increasingly greener lens. From Dell to Caterpillar to Goldman Sachs, companies of all types and sizes are voluntarily communicating information to stakeholders about their business’s impact on the environment.
Liv Watson, former V.P. of Global Strategy for EDGAR Online, writes in her column for the AICPA that “A company’s stakeholders are often unaware of the full range of a firm’s activities. Frequently this is a result of a dearth of information needed to analyze relevant comparable environmental data.” Read the full article, reviewing ways in which XBRL can be applied to other areas of transparency in business reporting including environmental discourse.
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