DISCLOSURE OF ENVIRONMENTAL INFORMATION FOR THE EXAMPLE OF BULGARIAN THERMAL POWER PLANTS
Growing pressure on businesses to disclose environmental information also implies an increase in the volume of such disclosures. This article is an attempt to present the guidelines and to assess the levels of environmental information disclosure in Bulgaria.
Companies, which were identified as the most responsible for air pollution, are thermal power plants. We have studied only these, which produce electricity. A checklist, containing 17 environmental performance assessment criteria, was developed and was completed based on the information, disclosed in the companies' annual financial statements, their activity reports and their websites. Based on a comparative analysis of the quantitative and qualitative information, disclosed by examined companies, we discovered that most companies disclose quantity environmental information, largely neglecting qualitive information. Taking into account the character of their activity, they should disclose more environmental information, especially qualitive information.
Andrew, J., & Cortese, C. (2011). Accounting for climate change and the self-regulation of carbon disclosures. Accounting Forum, 130 - 138.
Bebbington, J., & Larrinaga-Gonzalez, C. (2008). Carbon trading: Accounting and reporting issues. European Accounting Review, 697-717.
Bowen, F., & Whittneben, B. (2010). Carbon accounting: negotiating accuracy, consistency and certainty across organisational fields. Accounting, Auditing and Accountability Journal, 24(8), 1022-1036.
European Comission. (27. February 2018). Získáno 01. March 2018, z European Union Transaction Log: http://ec.europa.eu/environment/ets/napInstallationInformation.do?registryName=Bulgaria&napId=19914&allowancesForReserve=1765413&action=napHistoryParams&commitmentPeriodCode=2&allowancesForOperators=90152688&commitmentPeriodDesc=Phase+3+2013-2020&TITLESOR
Freedman, M., & Jaggi, B. (2009). Global warming and corporate disclosures: A comparative analysis of companies from the European Union, Japan and Canada. In M. Freedman, & B. Jaggi, Advances in Environmental Accounting & Management (pp. 129 - 160). Emerald Group Publishing Limited.
KPMG. (2008). Accounting for carbon: the impact of carbon trading on financial statements. UK:KPMG.
KPMG. (2012). Accounting for carbon. Australia: KPMG.
Lovell, H. d., de Aguiar, T., Bebbington, J., & Larrinaga-Gonzalez, C. (2010). Accounting for carbon. UK: The Association of Certified Chartered Accountants (ACCA).
Milne, M., & Grubnic. (2011). Climate change accounting research: keeping it interesting and different. Accounting, Auditing and Accountability, 24(8), 948-977.
Ministry of energy - Bulgaria. (11. April 2017). Získáno 15. February 2018, z https://www.me.government.bg/bg/news/ek-odobri-predlojenoto-ot-balgariya-razpredelenie-na-bezplatni-kvoti-parnikovi-gazove-za-2016-g-2409.html
Ministry of Environment and Water. (2012, May). Трети национален план за действие по изменение на климата за периода 2013 - 2020 година (Third National Climate Change Action Plan 2013-2020). Retrieved February 15, 2018, from http://www.moew.government.bg/static/media/ups/tiny/file/Climate/Climate_Change_Policy_Directorate/Treti_nacionalen_plan_za_deistvie_po_izmenenie_na_klimata.pdf
Olson, E. (2010). Challenges and opportunities from greenhouse gas emission reporting and independent auditing. Managerial Auditing Journal, 25(9), 934-942.
Pellegrino, C., & Lodhia, S. (2012, 11 1). Climate change accounting and the Australian mining industry: exploring the links between corporate disclosure and the generation of legitimacy. Journal of Cleaner Production, pp. 68-82.
Prado-Lorenzo, J., Rodriguez-Dominguez, L., Gallego-Alvarez, I., & Garcia-Sanchez, I. (2009, 07 31). Factors influencing the disclosure of greenhouse gas emissions in companies world-wide. Management Decision, 1133-1157.
Solomon, J., Solomon, A., Norton, S., & Joseph, N. (2011). Private climate change reporting: an emerging discourse on risk and. Accounting, Auditing and Accountability Journal, 1119-1148.
Stechemesser, K., & Guenther, E. (2012). Carbon accounting: a systematic literature review. Journal of Cleaner Production, 36, 17-38.
- Authors retain copyright and grant the journal right of first publication with the work simultaneously licensed under a Creative Commons Attribution License (Creative Commons Attribution License 3.0 - CC BY 3.0) that allows others to share the work with an acknowledgement of the work's authorship and initial publication in this journal.
- Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the journal's published version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgement of its initial publication in this journal.
- Authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) prior to and during the submission process, as it can lead to productive exchanges, as well as earlier and greater citation of published work (See The Effect of Open Access).
firstname.lastname@example.org, www.iseic.cz, ojs.journals.cz