Environmental Governance
Definition(s)
In many markets, both in developed and developing countries, the call for increased transparency and accountability of the private sector is growing. Potential health and environmental risks posed by companies, and the goods and services they produce, are increasing pressure on them to generate, assess, and make information on their sustainability performance and impacts publicly available. In this sense Corporate Sustainability Reporting represents a potential mechanism to generate data and measure progress and the contribution of companies towards global sustainable development objectives as it can help companies and organizations measure their performance in all dimensions of sustainable development, set goals, and support the transition towards a low carbon, resource efficient, and inclusive green economy. (Source: UNEP).
Hierarchy
Broader: Corporate reporting
Related concepts from Law and Environment Ontology: