ABSTRACT

This chapter provides a descriptive analysis of published academic or non-academic papers and reports about corporate external reporting as well as their 100-plus years' evolution from mere financial statements to complex integrated reporting. It looks at sustainability reporting in the airline industry with a specific focus on the case of Turkish Airlines (THY) for the years 2002–2011. The chapter provides useful information to those who pursue research in the area of corporate reporting, and serve as a gateway to the relevant literature. There are three fundamentally important core disciplines in GRC reporting: governance, risk management, and compliance. The Global Reporting Initiative (GRI) is a non-profit organization with the mission of 'providing a trusted and credible framework for sustainability reporting that can be used by organizations of any size, sector, or location'. The aviation industry, which plays an important role in the tourism industry, exerts environmental impacts as well as brings economic benefits to destinations.