Accounting,Sustainability and Ethics Essay Example | Topics and Well Written Essays - 1500 words

Accounting,Sustainability and Ethics - Essay Example Sustainability is also evaluated using a balanced scorecard. A balance sore card shows how the organization is performing in terms of finances, sustainability and other factors that affect organization. Sustainability reporting is also done using triple bottom line reporting technique. Example of the companies that report on their environmental initiatives is Apple Company. In the year 2009 the company announced that 53% of its greenhouse emission comes from the consumer usage of its products. As such the company has adopted greenhouse emission reduction imitative which is achieved using a variety of ways (Freeman 2014 Pg. 554) Currently, organizations have adopted green accounting which seeks to integrate financial reports with nonfinancial one which is associated with environmental services and goods. It has also been accepted that organizations should observe ethics in their daily operations. Business ethics refers to the form of professional or applied ethics which examines moral problems which arise in a business environment (Elliott and Elliott 2011, p. 48).