The directors of the Base Group feel that their financial statements do not address a broad enough range of users' needs. They have reviewed the published financial statements and have realised that there is very little information about their corporate environmental governance. The company wishes to enhance its disclosures but is unsure as to what the benefits would be for the company. Required: Explain the motivations for companies to disclose social and environmental information in their financial statements. (Maximum 400 words, excluding reference list)