A Comparative Study On Environmental Accounting Information Disclosure Of Chinese And Japanese Petrochemical Industry

Since the 18 th National Congress of the Communist Party of China,ecological construction has occupied an increasingly important position in China’s development plan.The concept of "beautiful China" and the strategy of building an ecological civilization put forward by the 18 th National Congress of the Communist Party of China,and the establishment of a beautiful China as a major goal of comprehensively building a modern and powerful socialist country at the 19 th National Congress of the Communist Party of China all reflect China’s emphasis on environmental protection.This not only requires citizens to live as environmentally friendly as possible in their daily lives,but also requires enterprises to actively fulfill their environmental responsibilities.An important manifestation of a company’s active performance of environmental responsibility is the disclosure of environmental accounting information,and the quality of the disclosed information can reflect the level of a company’s awareness of environmental protection responsibility,thereby affecting the company’s social status and social reputation.At the same time,the disclosure of environmental accounting information is conducive to the self-reflection of enterprises,proactively improving the production methods that are more harmful to the environment,and contributing to the sustainable development of enterprises.In addition,stakeholders have also begun to attach importance to environmental accounting information,often using it as one of the decision-making consideration indicators.Therefore,for companies,the disclosure of environmental accounting information is becoming more and more important.At present,China’s environmental accounting information disclosure system has not yet formed a complete system.Although specific operating guidelines for environmental accounting information disclosure have been issued,the guidance for enterprises is weak and cannot accurately guide enterprises in environmental accounting information accounting.As our neighboring country,Japan leads our country in the development of environmental accounting.At present,it has formed a relatively complete environmental accounting information disclosure system.Therefore,it can give some experience and reference in the construction of my country’s environmental accounting information disclosure system.This article first analyzes the environmental accounting information disclosure status of the Sinopec petrochemical industry as a whole,and then uses Sinopec and Mitsui Chemicals as representative cases to compare and compare their environmental accounting information disclosure methods and contents.The analysis found that there are big differences between the two in four aspects: the location and content of disclosure;the selection of indicators;the completeness of disclosed information;the reference value of third-party assurance opinions.There are four factors caused the differences:the environmental accounting information disclosure systems;the external supervision;the training of environmental accounting professionals;the corporate environmental awareness.In order to reduce the differences in environmental accounting information disclosure between China and Japan,and improve the quality of environmental accounting information disclosure of Chinese enterprises,this article puts forward the following suggestions: improve the environmental accounting information disclosure system;strengthen internal and external supervision;attach importance to professional personnel training;change employee concept to improve corporate environmental awareness.