ABSTRACT
This chapter aims to provide critical reflections on accounting for sustainability developments, the present situation and future developments. First, it is descried how accounting for sustainability has become an important element in companies’ reporting landscape. Thereafter, a number of important players in the market for sustainability accounting are presented, and how the shift from voluntary disclosure to statutory sustainability reports has gradually changed. The chapter describes a possible turning point in accounting for sustainability, as increased legal requirements for sustainability information have resulted in growing demands on its quality. Then, current developments of sustainability reporting against aggregated reporting frameworks are discussed. Finally, some reflections are presented on the future developments of accounting for sustainability.
