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Johnson and Johnson: Sustainability Reporting Responses
This activity will introduce you to sustainability accounting. At the present time, sustainability accounting is not required by government regulators or accounting reporting authorities. However, many consumers, retailers, and manufacturers are becoming increasingly concerned about social and environmental issues, and business organizations are finding it potentially beneficial to report such information. In addition, a new industry of inspectors – auditors has been created to verify that companies are complying with fair trade practices and are operating with environmental discretion by supporting various “green” certifications.
Answer the following questions based on your reading:
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