Corporate Social Responsibility reporting is regularly shared in a company's annual report. Such CSR reports include information on environmental performance (eg. Emissions, water consumption, recycling initiatives and use of green suppliers, etc.) and social performance (eg. Workplace safety training, diversity hiring practices, involvement with charities, etc.). This is a positive change singe it takes a more holistic approach to reporting "beyond just the numbers." Critics have suggested that some companies are engaging in "greenwashing," where they use CSA reports to appear more environmentally responsible than they actually are or exaggerate claims about the extent of their social responsibility. The financial reporting of CSR is not regulated by law or subject to mandatory audits by a third party. Required: a. Explain 2 incentives that companies have to engage in greenwashing ( 2 marks). b. Describe 3 controls that management could put in place to increase the likelihood that the company actually does engage in environmentally and socially responsible activities ( 6 marks)