TY - JOUR

T1 - Innovating Corporate Accounting and Reporting for Sustainability

T2 - Attributes and Challenges

AU - Schaltegger, Stefan

AU - Álvarez-Etxeberria, Igor

AU - Ortas, Eduardo

PY - 2017/3/1

Y1 - 2017/3/1

N2 - The environmental and social impacts of companies and their processes, products and supply chains are a widespread concern. At the same time, such impacts provide opportunities for firms to engage in sustainability practices, to transform their businesses or to start new ventures contributing to sustainable development. In this context, innovation can be an important supportive vehicle for developing corporate sustainability management and accounting practices to effectively contribute to sustainable development. Based on the six attributes proposed by Baregheh et al. () to characterise innovations, this paper discusses what innovation in accounting for sustainability may encompass. Although significant efforts have been made, a reorientation and more research are needed to develop corporate accounting approaches to address environmental and social challenges more effectively.

AB - The environmental and social impacts of companies and their processes, products and supply chains are a widespread concern. At the same time, such impacts provide opportunities for firms to engage in sustainability practices, to transform their businesses or to start new ventures contributing to sustainable development. In this context, innovation can be an important supportive vehicle for developing corporate sustainability management and accounting practices to effectively contribute to sustainable development. Based on the six attributes proposed by Baregheh et al. () to characterise innovations, this paper discusses what innovation in accounting for sustainability may encompass. Although significant efforts have been made, a reorientation and more research are needed to develop corporate accounting approaches to address environmental and social challenges more effectively.

KW - Sustainability sciences, Management & Economics

KW - innovation

KW - accounting for sustainability

KW - corporate sustainability

KW - planetary boundaries

KW - social and environmental accounting

UR - http://www.scopus.com/inward/record.url?scp=85017127432&partnerID=8YFLogxK

U2 - 10.1002/sd.1666

DO - 10.1002/sd.1666

M3 - Journal articles

VL - 25

SP - 113

EP - 122

JO - Sustainable Development

JF - Sustainable Development

SN - 0968-0802

IS - 2

ER -