Friday, February 01, 2008

Peer pressure 'won't achieve Prince's green accounting aims'


Christian Aid charity says Prince Charles' work is 'very valuable' but companies may have to be forced to adopt green accounting rules

Companies may have to be forced to adopt green accounting, a charity has said, even given the enthusiastic reception to Prince Charles’ report into environmental reporting.

Prince Charles unveiled his report into ‘Accounting for Sustainability’ last month, with senior members of the profession saying that ‘peer pressure’ would force companies to adopt the Prince’s new approach.

But Christian Aid, while saying the Prince’s work was ‘very valuable’ change, insisted the government would still have to intervene to make green reporting a reality.

See full Article.