Current Trends in the Reporting of Environmental Information in the Annual Report of Major Industrial and Mineral Companies in Jordan

Abstract

This paper investigates the corporate environmental reporting practices of industrial and mineral companies in Jordan. The focus of this paper is on the state and nature of environmental disclosure presented in the annual report of the selected companies between 2010-2103. The paper finds a lack of environmental reporting, either in the form of a separate report or in the type of information embedded within the financial statement. Because environmental disclosure in business organizations is one of the most important issues that should be given prominence for the benefit of society, Jordan needs strong legislative and legal systems to enforce business entities to meet the requirements of international environmental agreements and standards and enhance the way they disclose environmental information by referring to a reliable set of standards and rules. In addition, there is a need to investigate the reasons behind the limitations and inadequacies of environmental reporting in the mineral and industrial sector.

Keywords: environmental accounting, environmental reporting; industrial and Mining Sector; Annual Report