Research On Improving The Quality Of Environmental Accounting Information Disclosure In China’s Iron And Steel Industry

Environmental accounting information disclosure is a direct way to effectively supervise enterprises in iron and steel industries to fulfill their social responsibilities.In 2021,the state set mandatory environmental accounting information disclosure as a development goal.At present,there is not a unified standard of environmental accounting information disclosure in our country.Enterprises’ environmental accounting information disclosure is incomplete in content,inconsistent in way,and more qualitative description than quantitative description.It is urgent to comb through the current situation of environmental accounting information disclosure in the iron and steel industry and evaluate the quality of environmental accounting information disclosure in order to discover and solve the existing problems.This paper takes the listed companies in the steel industry as the research object and the data of the past five years as the sample size to analyze the quality of environmental accounting information disclosure of listed companies in the steel industry.First of all,based on previous studies and related theories,this paper analyzes the current situation of pollution in the steel industry,the economic background,legal background,disclosure status and impact of environmental accounting information disclosure,and then determines 17 quality evaluation indicators,uses analytic hierarchy process to calculate the weight of each indicator,and uses content analysis method to assign values to each indicator.Establish a quality evaluation system of environmental accounting information disclosure applicable to iron and steel industry.Secondly,the content analysis method was used to analyze the environmental accounting information disclosed in the annual reports and social responsibility reports of the iron and steel industry in the past five years,and the index was quantitatively scored,and finally the industry EDI index was obtained.The analysis was combined with the statistical description,and it was found that the environmental accounting information disclosure system of the iron and steel industry was not perfect,the disclosure standards were not uniform,and the disclosure system was not perfect.The disclosure of environmental accounting information in the iron and steel industry is not comprehensive,the quality of disclosure differs greatly between enterprises,and the supervision is not in place.Finally,the quality evaluation index system is applied to the case enterprise H,and the disclosure quality of environmental accounting information disclosed by H company is evaluated.H Company’s environmental accounting information has a relatively high overall level of disclosure and comprehensive disclosure,but the disclosure content still exists in series of disclosure methods and the same items are disclosed only in one of different reports.In the disclosure process,absolute and relative numbers are exchanged and the disclosure information is not comparable.The above findings have policy implications at both the government and enterprise levels.At the government level,it is advisable to further improve the environmental accounting information disclosure system,standardize the environmental accounting information disclosure system,establish an environmental accounting information industry association,supervise the disclosure content and system of enterprises,and form a standardized disclosure and reporting system.At the enterprise level,it is advisable to strengthen the internal accounting information disclosure supervision of enterprises in the iron and steel industry,and fully disclose information through the establishment of environmental accounting information management department;Specifically for Company H,it is advisable to combine environmental accounting information disclosure with R&D and innovation dual development strategies.