Case study Environmental and social factors are becoming increasingly significant for comprehensive company valuation and decision making by different users of financial statements. Environmental issues includes; Conservation of natural resources and ecosystem, environmental restoration such as tree planting, pollution mitigation for both liquid, solid and gaseous substances, energy use such as electricity, petroleum products, water use and recycling Climate change as one of the most prominent environmental issues facing companies has a particular relevance for financial markets. It is foreseeable that companies will have to operate under different conditions in the near future: where carbon-based energy sources may either face restricted use, increased taxation, and possibly increased regulation. Social issues on the other hand includes Community welfare programs Education and awareness programs (eg bursaries to need students) Employee safety and welfare Sporting and recreational facilities Environmental and social activities may involve huge costs which can erode shareholders value. The company should make certain investment in order to achieve its social and environmental objectives. Social and environmental objectives are aligned to the corporate sustainability strategy. However, the social and environmental performance is qualitative in nature and therefore difficult to express in numerical figures. Consequently, disclosure and the relevancy there of sustainability reports to investors are problematic. Required (using a case of a company of your choice) a) Itemize the content of social performance report b) Itemize the content of environmental performance report c) Discuss the benefits of social and environmental reporting d) Discuss the limitation of social and environmental reporting e) Highlight some of the factors that drive sustainability reporting.