Relate the disclosure of the Sustainable Development Goals to the current business issue of social and environmental accounting and accountability. More info will be provided next week Gray (2006, p82) suggests that "there is a major disconnect between the implication of global data we have reviewed [on sustainability] and the partial and localized data chosen to constitute the social, environmental and sustainability reporting.” He goes on to say that if “the global data speaks truthfully and, extrapolating, the mass of corporate activity is actually highly unsustainable, then companies need to reflect this so we can discount the empty rhetoric and turn the pressure on to governments to undertake radical reconstruction.” 

Required: 

Explain what Gray means by the above statements. Discuss the role, if any, that accountants can play in the disclosure of corporate activity especially as it relates to the issue of sustainability. Gray, R. 2006 “Does sustainability reporting improve corporate behavior?:

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The analysis of the global sustainability data as released by United Nations and World Bank is showi... View the full answer