Towards Comprehensive Reporting: A Quadruple Bottom Line Approach

By:
Mr David Graham Woodward,
Dr Thérèse Woodward,
Maria Rosa Rovera Val
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This paper reports the development of a comprehensive corporate reporting model adopting a Quadruple Bottom Line approach. In this, it represents a development of both the Triple Bottom Line reporting model advocated in the UK by John Elkington, a prominent environmentalist; and the Global Reporting Initiative, which has been promoted far more internationally. Whilst both formulations encourage corporate reporting along social and environmental dimensions in addition to the more traditional economic one, there is no doubt that the social aspects are left relatively under developed in both cases. By incorporating aspects of other reporting models, national legislation, surveys of best practice, the reporting profile adopted by an individual ground-breaking company, as well as academic contributions, the proposed model aims not only to enhance the social, environmental and economic dimensions of corporate social reporting, but also to incorporate a significant fourth dimension — that of governance.


Keywords: Corporate Social Reporting/Responsibility, Global Reporting Initiative, Triple Bottom Line, Quadruple Bottom Line, Key Performance Indicator Framework
Stream: Economic Sustainability
Presentation Type: 30 minute Paper Presentation in English
Paper: A paper has not yet been submitted.


Mr David Graham Woodward

Reader in Accounting, School of Management, University of Southampton
UK


Dr Thérèse Woodward

Faculty Director of Doctoral Programmes, Faculty of Business, Kingston University
UK


Maria Rosa Rovera Val

Lecturer, Research Institute for Environmental Sciences and Technology, Universitat Autònoma de Barcelona
Spain


Ref: S05P0150