Chapter 14
Sustainable financial reporting in the context of ensuring sustainability of financial systems
Introduction
The Rio Summit, held in 1991, established that accounting should play a crucial role in the global sustainable development agenda. Corporate sustainability has been presented as the ultimate goal for corporations, meeting the needs of the present without compromising the ability of future generations to meet their own needs (Thomsen, 2013). Reporting information regarding sustainable development became a means by which major companies could show their concern for increasing the transparency of the activities they conduct and for promoting corporate responsibility (Thoradeniya et al., ...
