Analysis On The Present Situation Of Environmental Accounting Information Disclosure In China’s Petroleum Industry

With the development of a globalized economy,China’s economic development has become more and more rapid.Although this has improved the quality of life of residents,it has also had a bad influence on the natural environment on which people rely.Many areas in the country are deeply affected by haze weather,which has caused great adverse effects on people’s daily work and life.The seriousness of environmental pollution and the importance of environmental protection have become increasingly apparent.Solving the problem of environmental pollution is one of the top priorities,and companies need to bear the inevitable responsibility for the problem of environmental pollution.Because the company places emphasis on the development of its own interests,it will not pay attention to the implementation of environmental protection.Therefore,the internal management of the company needs to carry out the disclosure of environmental accounting information is of great benefit to the company’s own internal management and corporate image.The investment decisions of relevant stakeholders such as investors and creditors are also helpful.The petroleum industry is an important pillar industry in China,and it has made a significant contribution to China’s economic development,but it is also one of the most heavily polluting industries in China.Just like this,it is of practical significance to conduct environmental accounting disclosure research for oil companies.As a leading company in the oil and gas industry in China,Z Company is selected as a case study and its research on the status of environmental accounting information disclosure is representative.This article first collects and collates relevant information on environmental accounting information disclosure.It first reviews and comments on the literature,and is divided into four parts:the model,content,evaluation,and influencing factors.After that,the relevant concepts and theoretical basis are briefly introduced.Using statistical analysis,first analyze the status of the industry as a whole,then focus on Z company as a specific case study,use Z company’s initial public offering prospectus and 2006-2016 annual report,social responsibility report,etc.The company’s Environmental Protection Communique from 2014 to 2016 related environmental accounting information,using content analysis method to analyze Z company disclosed models,channels,content and motivation,found that Z company due to unstable profitability,lack of professionals,relevant laws Incomplete disclosure of laws,regulations and accounting standards,and other causes of incomplete disclosure,lack of comparability and objectivity.Based on a brief analysis of the industry and specific cases of the article,the author puts forward several suggestions for improvement in the disclosed model and content,and tries to contribute to the construction of environmental accounting disclosure for other companies in the oil industry to support the oil industry from sacrificing Natural resources have evolved into a "green" development phase.