The project in five facts.
Challenge, approach and results.
Ecosocialism is a new sustainability perspective that promotes concrete systemic changes that place people and the planet first. It directs towards policies based on non-financial criteria such as social needs, individual well-being and ecological balance. It has established the international GRI Standards for sustainability reporting, the main purpose of which is to ensure transparency in how organisations contribute to sustainable development. The diploma thesis focused on preparing a sustainability report for a selected company with an emphasis on environmental reporting based on the GRI 300 Standard.
Problem
Ecosocialism is a new sustainability perspective that promotes concrete systemic changes that place people and the planet first. It directs towards policies based on non-financial criteria such as social needs, individual well-being and ecological balance. It proposes structural changes in the economy that would establish social and ecological prosperity through democratic environmental planning.
Sustainability reporting is currently mandatory under European legislation for large companies with more than 500 employees, which must disclose relevant and useful information in their annual or separate report that is important for understanding their development, performance, position and the impact of their activities. Appropriate disclosure of non-financial information is essential for sustainable financing. A new European Directive on Corporate Reporting is also being prepared and will be adopted by the end of 2022. Sustainability (environmental and green) ** accounting** for sustainability reporting is a contemporary field of accounting that is not yet sufficiently widespread in business practice in Slovenia.
For good management, it is important to have knowledge of accounting and a broader view of issues concerning company development. Sustainability accounting encompasses three fundamental areas of reporting: economic, social and environmental. A prerequisite for establishing sustainability accounting is the company's transition to sustainable development.
Sustainable development means the harmonious integration of a company's economic, environmental and social efficiency. Introducing sustainability reporting into a company also means introducing changes to (new green) jobs. GRI (Global Reporting Initiative) is a global initiative for sustainability reporting and an independent international organisation based in Amsterdam, the Netherlands.
Results
It has established the international GRI Standards for sustainability reporting, the main purpose of which is to ensure transparency in how organisations contribute to sustainable development. The diploma thesis focused on preparing a sustainability report for a selected company with an emphasis on environmental reporting based on the GRI 300 Standard. A list of material topics and a proposal for a sustainability report for the selected company were produced.
Module, programme and stories.
Your diploma project for a real company.
A diploma thesis at Academia solves a challenge from a company – often the one where you do your 800 hours of placement. Read about the Računovodstvo module or book a consultation.