Corporate social responsibility and environmental accounting: how do they apply in Greece?

Abstract

In the recent decades due to the uncontrolled waste of natural resources and climate change, the terms Corporate Social Responsibility (CSR), sustainability and environmental accounting have permeated everyday life, hugely affecting the way in which the business world now operates. This essentially means that any company interested in its viability should strictly devise its strategic planning considering three main pillars. These are economic development, ecological balance and social progress. Guided by these three pillars, combining appropriate new technologies and dissemination of information, the awareness of global public opinion is influenced by direct information related to the negative effects and practices arising from the company activities. In the context of this philosophy, the importance of environmental accounting and corporate social responsibility, which are dealt with in this paper, is clear. These two concepts are inextricably linked to various forms of actions and interventions in the social scene, mainly on part of the companies that operate in an environment burdened by the reckless use of natural resources.