In 1997, John Elkington of the UK consultancy, Sustain Ability, called this type of accounting on environmental, social, and economic performance as “triple bottom line” reporting. 30. An example of this kind of “triple bottom line” reporting would be Infosys which voluntarily made all disclosures in the public domain leading to greater corporate accountability after the Satyam scam. 31.
Let me talk about my own organisation for a while. While there is no prescription by any authority as regards balance sheet disclosures by the Reserve Bank of India, as a commitment towards transparency and building trust, our Annual Report (2013–14) has an entire chapter on the Central Bank’s vision for the coming year. 32.