ENVIRONMENTAL ACCOUNTING AND REPORTING PRACTICES OF HINDUSTAN PETROLEUM CORPORATION LIMITED ABSTRACT: In recent years, due to increased global warming and environment degradation, environment protection has assumed utmost priority at the international level. There is a growing pressure for the corporate enterprises to consider environmental effects of their business operations. As a result, accounting and disclosure of environmental matters have rapidly been emerging as an important dimension of
On December 2, 1970, President Richard Nixon established the Environmental Protection Agency in an effort to protect human health and the environment through enforced laws and regulations (The Guardian: Origins of the EPA). Originating from his Reorganization Plan Number 3 in July of 1970, the Environmental Protection Agency was Nixon's vision that he presented to Congress that would regulate environmental protection and protect human health (The Guardian: Origins of the EPA). Many individuals
Explain the economic issue of environmental sustainability facing the Australian economy and evaluate the effectiveness of Australian Government economic policies in addressing the issue. “Environmental sustainability is a major issue facing the Australian economy. The extent to which the Australian Government implements economic policies to address the issue is one to be noted as it’s abundant effectiveness produces far reaching benefits for the Australian economy.” Ecological sustainable development
The overarching guideline for policy-making (on all levels) is naturally the Constitution. Section 24 in the Bill of Rights clearly spells out the rights and duties towards the environment: Everyone has the right – (a) to an environment that is not harmful to their health or well-being; and(b) to have the environment protected, for the benefit of present and future generations, through reasonable legislative and other measures that – (i) prevent pollution and ecological degradation; (ii) promote
2.2.4 Environmental Scanning Before doing the strategy formulation, it is very important for any organisation to scan the external environment for the possible opportunities and threats. This part of the unit is concerned with the methods and techniques that the organisations use to examine their relevant environment and to collect data to identify opportunities and threats affecting their business. Environmental scanning refers to the process by which organisations monitor their environment and gather
better understanding of human activities in a market system. Environment is the vital, important and fundamental issue for everyone. Since climate change and global warming of the world is continuing, society demands that business take responsibility to save us from tough heating, extra greenhouse gas, fumy air, extreme rain etc. Our policy makers gave attentiveness on the climate change recently. They also concerned so that to greener environment economy. Economics is the key and a major focusing object
natural surroundings. Human is one of the elements in the environment, but his behavior strongly influenced the continuity of human wellbeing and Elf life as well as other living beings. One of the tools to control and control of human behavior is the creation of a law. Laws that control human behavior to the environment so as not to damage, contamination or deplete the environment referred to the law of the environment. The term environmental law is relatively new in the world of legal science, it
the environment. Environmental pollution has become increasingly worse. Certainly, individuals have the right and ability take action to resolve these environmental problems. On the other hands, government had authority to protect environment, to support their citizen to keep the environment cleaner. The paper concludes by strongly affirm both governments and individuals must play their part in looking after the environment. It is not the government’s responsibility to protect the environment but
development, there are emerging challenges for our environmental obligations in the government's constitutional mandate to "secure ecologically balanced sustainable development, while promoting justifiable economic and social development". Periodic reporting on the State of the Environment informs our citizens and also helps the government in this mandate by identifying emerging issues and recommending effective actions. To address environmental issues, the Government of Bhutan has banned certain practices
The environment is an important part of any life and there is no existence of life without environment. It is very difficult to stop those activities which are destroying our environment. The western media left no space, making the headlines regarding environmental issues in comparison to Indian media. Many factors influence the coverage of different social issues by the mass media. And it is important to study the role of Indian media in keeping the environmental issues as one of the major social