 The environmental reporting is the process of disclosing information about the

negative and positive impacts of the company on the environment. The companies
do this to show their responsibility towards the environment and also to manage the
risks associated with their operations. It is also a way to show the stakeholders that
the company is committed to sustainable development.
 The environmental reporting is the process of disclosing information about the
negative and positive impacts of the company on the environment. Ginagawa ito ng
mga kumpanya upang ipakita ang kanilang responsibilidad sa kapaligiran at para
manage ang mga panganib sa kanilang mga operasyon. It is also a way to show the
stakeholders that the company is committed to sustainable development.

 As the concern for the environment and sustainability has grown, organizations have
been increasingly disclosing their environmental impact through environmental
reporting. This has been driven both by regulation and by the need to be more
transparent and accountable to stakeholders. Environmental reporting can take
many different forms, but typically includes information on an organization's
emissions, waste, water and energy use, and their impact on the environment. It can
also include information on the organization's environmental policies and initiatives.
 As the concern for the environment and sustainability has grown, organizations
have been increasingly disclosing their environmental impact through environmental
reporting. This has been driven both by regulation maging mas transparent at may
pananagutan sa mga stakeholder. Environmental reporting can take many different
forms, but typically includes information on an organization's emissions, waste,
water and energy use, and their impact on the environment. It can also include
information on the organization's environmental policies and initiatives.

 Organizations use environmental reporting to communicate their environmental

performance to stakeholders and to show their commitment to sustainability. It can
also be used to identify areas where improvement is needed and to track progress
over time.
 Organizations use environmental reporting to communicate their environmental
performance to stakeholders and to show their commitment to sustainability. Maaari
 din itong gamitin upang matukoy ang mga lugar kung saan kailangan nang progress
and to track progress over time.

 There are many benefits to environmental reporting, including improved

environmental performance, increased transparency and accountability, and
improved relationships with stakeholders. However, it is important to note that
environmental reporting is not a panacea and that it needs to be done in a way that
is meaningful and useful to stakeholders. The impact reports is done voluntarily by
organizations to show how the company's activities is impacting the environment,
giving full disclosure to the public, in exchange of derive some future benefit.
 
RISK REDUCING
 It is important for corporations to understand and manage risk, as this can have a
significant impact on the sustainability of the organization. A stakeholder approach to
decision making and managing the organization is likely to identify more risks and to
manage them better. Additionally, incorporating environmental accounting
information into the risk evaluation system can help to more accurately assess the
true extent of the environmental impact and its associated cost. 
Mahalaga para sa mga korporasyon na maunawaan at pamahalaan ng maayos ang
mga risks, dahil ito ay maaaring magkaroon ng malaking epekto sa flow ng
organisasyon. A stakeholder approach to decision making and managing the
organization is likely to identify more risks and to manage them better. Additionally,
incorporating environmental accounting information into the risk evaluation system
can help to more accurately assess the true extent of the environmental impact and
its associated cost.
 Risk is inherent in every organization and its activities. It is better to manage these
risks and quantify each of these risks and make the necessary accounting for the
cost and benefit associated whether tangible or intangible. However, quantifying
environmental benefits is harder than quantifying financial benefits in terms of the
time horizon, associated risk and evaluation of effects.
One of the benefits of environmental accounting is that it can help to reduce risk.
This is because it can help to identify risks and manage them better. For example, if
 an organization understands the environmental impact of its activities, it can take
steps to reduce that impact. This can help to reduce the risk of negative
consequences such as environmental damage, health problems, and so on. 
Risk is inherent in every organization and its activities. It is better to manage these
risks and quantify each of these risks and make the necessary accounting for the
cost and benefit associated whether tangible or intangible. However, quantifying
environmental benefits is harder than quantifying financial benefits in terms of the
time horizon, associated risk and evaluation of effects. Isa sa mga benefits ng
environmental accounting ay makakatulong ito upang mabawasan ang panganib. Ito
ay dahil makakatulong ito upang matukoy ang mga panganib at pamahalaan ito
nang mas maayos. Halimbawa, kung nauunawaan ng isang organisasyon ang
epekto sa kapaligiran ng mga aktibidad nito, maaari itong gumawa ng mga steps
upang mabawasan ang epektong iyon. Makakatulong ito upang mabawasan ang
panganib ng mga negative consequences such as environmental damage, health
problems, and so on.
 Examples Includes
 Enhanced company or product image -this in itself can lead to increased sales

 Health and safety benefits

 Ease of attracting investment and lowered the cost of such investment

 Better community relationship- this can lead to easier and quicker approval of plans
through the planning process

 Improved relationship with regulators, where relevant

 Improved morale among workers, leading to higher productivity, lower staff turnover
and consequently lower recruitment and training costs

 General improved image and relationship with stakeholders

 Organizations face many risks, both environmental and financial. Environmental
accounting can help to identify these risks, and then quantify them in financial terms.
This makes it easier to incorporate them into an overall risk management strategy.
One of the key benefits of environmental accounting is that it can help to improve the
decision-making process. This is because it can provide more accurate information
about the costs and benefits of different courses of action. This information can then
be used to make more informed decisions about which actions to take.
Environmental accounting can also help to improve the morale of employees. This is
because it can show that the organization is taking its environmental responsibilities
seriously. This can lead to increased productivity and lower staff turnover. Overall,
environmental accounting can help to reduce risk and improve decision-making
within an organization. This can lead to improved financial performance and a better
reputation.

Organizations face many risks, both environmental and financial. Makakatulong ang
environmental accounting upang matukoy ang mga panganib pagkatapos ay mabilang
ang mga ito sa mga financial terms. Ginagawa nitong mas madaling isama sa overall
risk management strategy. Isa sa mga pangunahing benepisyo ng environmental
accounting ay makakatulong ito upang mapabuti ang proseso ng paggawa ng desisyon.
One of the key benefits of environmental accounting is that it can help to improve the
decision-making process. This is because it can provide more accurate information
about the costs and benefits of different courses of action. Environmental accounting
can also help to improve the morale of employees. This is because it can show that the
organization is taking its environmental responsibilities seriously. This can lead to
increased productivity and lower staff turnover. Overall, ang environmental accounting
ay makakatulong upang mabawasan ang panganib at mapabuti ang paggawa ng
desisyon sa loob ng isang organisasyon. This can lead to improved financial
performance and a better reputation.

 In order to express environmental risk on its environmental benefit - including

economic and conservation benefits, costs associated should be identified to
quantify the data and express it in monetary value. Steps in incorporating
environmental accounting into the risk evaluation system can be achieved through
 identifying environmental implications in terms of costs and benefits, quantifying
those costs and incorporating qualitative data regarding less tangible benefits, Using
appropriate financial indicators, Set an appropriate time horizon that allows
environmental effects to be fully realized. Wherein some companies cited an
environmental profit and loss statement which discussed the material and
environmental risks they are facing and how is there a way to monetize the negative
externalities. Significantly saying how very important it is to have a quantifiable way
to manage risks.
CONCLUSION
 To sum it up, the Stakeholder theory is important for understanding how
organizations interact with different groups of people who have a vested interest in
their success or failure. By engaging with stakeholders, organizations can ensure
that their needs and expectations are understood and taken into account. This can
help to build strong relationships and create value for all parties involved. There are
many different ways in which stakeholder theory can be applied in practice.
Organizations should consider how they can best engage with their stakeholders to
ensure that they are meeting their needs and maximizing the benefits of the
relationship.