The association complains that there is still no clear, agreed framework for companies' green reports. It makes recommendations to "fill the gap," building on proposals made by FEE last year (ENDS Daily 4 February 1999). Claiming that environmental reporting has still not moved beyond its "infancy", the federation again calls for more effective use of financial reporting principles. It re-emphasises the need to incorporate "qualitative criteria such as relevance, reliability, completeness and consistency" into reports.
FEE claims that the paper's arguments are also relevant to the issue of sustainability reporting, enshrined last month in the Global Reporting Initiative, a first set of comprehensive, international guidelines (ENDS Daily 30 June).
FEE, tel: +32 2 285 4085.
Please enter your details
Not a subscriber?
Take a free trial now to discover the critical insights and updates our coverage offers subscribers.