Environmental Management Tool for Plantation Companies (Pulpwire)
African Journal of Business Management Vol. 6(4), pp. 1428-1433,1 February, 2012, DOI: 10.5897/AJBM11.1942, ISSN 1993-8233, ©2012 Academic Journals
Posted: 15 Oct 2012
Date Written: October 14, 2012
Abstract
Much has been debated on the necessity of the better corporate disclosures on the issues affecting the stakeholders. This research provides an insight into the disclosures of plantation companies on the environmental preservation in relation to the earth, water and air (EWA). The study gauged the actual level of the corporate environmental disclosure (CERD) using National Annual Corporate Report Award (NACRA) checklist. We used the total land bank area occupied by a company to calculate the concentration of plantation activities in order to determine the extent of CERD required from the companies. This approach discards the “one size fits all” approach to solve disclosure problem. Pulpwire tool developed in this research can identify gaps in the required disclosure of the plantation companies and alert the companies to take necessary corrective actions.
Keywords: environment, environmental management tools, plantation companies
Suggested Citation: Suggested Citation