ABSTRACT
Environmental reporting is a new, controversial subject with a very short history. The lion’s share of business managers and CEOs still see no use for environmental reporting, which is of course a precursor to full corporate social responsibility accounting. Many professional accountants believe they have no role in anything outside financial accounting. Critics of this resistance believe that transparency is an issue, that most companies do not want their full stories known. For the United Nations Conference on Trade and Development (UNCTAD), which deals largely with developing and undeveloped countries, it has been difficult to establish to client nations that there is no trade-off in environmental protection.
