Despite the efforts to minimize the increase in length of annual reports, while staying in compliance with the regulations, the companies were unable to do so as their work had been offset by an increase in length of narrative reports (Deloitte 2015). Narrativ...
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... Carbon Reporting where the company must disclose the amounts of carbon dioxide emissions it has been responsible for, have driven companies to account for activities that are often irrelevant to the needs of the long- term investors. Though sustainability should remain an area of discussion and accountability for companies, it does not contribute to resource allocation decisions faced by shareholders (ASB, 2009), hence could be included in a separate report. The same could also be applied to the requirement to report on gender diversity, similarly, equality is an issue of vital importance, but perhaps it would be beneficial if it didn’t add to an already lengthy report. Incorporating this information on the company’s website would make allowances for supplementation of figures with more context, creating a greater forum of discussion among the interested parties.
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