A view from Canada: the need for improved disclosures

摘要

Despite the progress made by international accounting bodies in the area of environmental accounting and reporting, much remains to be done to improve disclosures to the general stakeholder community. According to Alister Cowan, CFO of BC Hydro in Canada, one challenge going forward in reporting environmental indicators relates to the comparability of the data. Cowan says: 'Developing relevant metrics that are benchmarkable and for which relevant targets can be developed is critical as well as moving from qualitative to quantitative reporting.'