Accounting for Sustainability: Asia Pacific Perspectives
This book advances the understanding of corporate sustainability and challenges and roles of sustainability accounting in the Asia-Pacific region. The Asia-Pacific region has shown fast economic growth for several decades which is expected to continue. In
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Ki-Hoon Lee Stefan Schaltegger Editors
Accounting for Sustainability: Asia Pacific Perspectives
ECO-EFFICIENCY IN INDUSTRY AND SCIENCE VOLUME 33
More information about this series at http://www.springer.com/series/5887
Ki-Hoon Lee · Stefan Schaltegger Editors
Accounting for Sustainability: Asia Pacific Perspectives
Editors Ki-Hoon Lee Griffith Business School Griffith University Brisbane, Australia
Stefan Schaltegger Centre for Sustainability Management Leuphana University of Lüneburg Lüneburg, Germany
ISSN 1389-6970 Eco-Efficiency in Industry and Science ISBN 978-3-319-70898-0 ISBN 978-3-319-70899-7 (eBook) https://doi.org/10.1007/978-3-319-70899-7 Library of Congress Control Number: 2017964499 © Springer International Publishing AG 2018 This work is subject to copyright. All rights are reserved by the Publisher, whether the whole or part of the material is concerned, specifically the rights of translation, reprinting, reuse of illustrations, recitation, broadcasting, reproduction on microfilms or in any other physical way, and transmission or information storage and retrieval, electronic adaptation, computer software, or by similar or dissimilar methodology now known or hereafter developed. The use of general descriptive names, registered names, trademarks, service marks, etc. in this publication does not imply, even in the absence of a specific statement, that such names are exempt from the relevant protective laws and regulations and therefore free for general use. The publisher, the authors and the editors are safe to assume that the advice and information in this book are believed to be true and accurate at the date of publication. Neither the publisher nor the authors or the editors give a warranty, express or implied, with respect to the material contained herein or for any errors or omissions that may have been made. The publisher remains neutral with regard to jurisdictional claims in published maps and institutional affiliations. Printed on acid-free paper This Springer imprint is published by Springer Nature The registered company is Springer International Publishing AG The registered company address is: Gewerbestrasse 11, 6330 Cham, Switzerland
Foreword
Corporate sustainability is today’s watchword, and leaders of different countries and corporations throughout the world would do well to bear this in mind when implementing their day-to-day business decisions and operations. Corporate sustainability represents a market shift, and environmental issues such as climate change will alter the market environment. Companies will find that their raw material and energy costs will go up as governments set policies to reduce greenhouse gas emissions. In addition, consumers are becoming more aware of energy consumption, and investors are starting to screen the investment potential of renewables. These shifts in the market will create winners and losers, and companies should act to embrace corporate sustainability issues in order to transform their companies to assist in moving toward sustainable
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