Environmental Disclosures of Palm Oil Plantation Companies in Malaysia: A Tool for Stakeholder Engagement
Corporate Social Responsibility and Environmental Management Corp. Soc. Responsib. Environ. Mgmt. 17, 52-62 (2010)
Published online 12 November 2009 in Wiley InterScience, DOI: 10.1002/csr.218
11 Pages Posted: 15 Oct 2012
Date Written: October 15, 2012
Abstract
This paper examines annual environmental protection disclosures of palm oil companies in Malaysia that have signifi cant implications for the preservation of earth, water and air quality. We found that the location of the environmental disclosures vary among the sampl companies. We found that the extent of the disclosures on four key items – environmental policy, measurement systems, targets for improvements and impact on biodiversity – has been very low among the sample companies. The paper concludes that unless the gaps in the knowledge of both palm-oil-producing companies and stakeholders regarding environmental protection are addressed, environmental degradation is likely to continue and the corporate ‘tick-boxing’ trickery would carry on concealing the real picture from stakeholders.
Keywords: corporate environmental responsibility, disclosure, palm oil plantation, Malaysia, annual report
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