A costing approach that includes the disclosure

of any foreseeable expenses and liabilities which are specified under generally

accepted accounting practices

A full cost approach that includes the legal

clean up and the rehabilitation costs for maintaining the sustainability of the

resources

A full cost and benefit approach that includes

the consuming of essential natural resources and effectively internalises as

many externalities as is possible

A costing approach that includes the disclosure

of specific liabilities and expenses which are subject to legal inquiry

Environmental audit reviews

Impact assessment

Traditional budgeting and preparation of

financial statements

Policy development

A greater transparency and higher level of

disclosure will ensure corporations always act as 'good citizens'

A greater

transparency and higher level of disclosure will ensure the corporation’s

long-term survival

A greater transparency and higher level of

disclosure will result in lower commodity prices in the market as a whole

A greater

transparency and higher level of disclosure will result in lower litigation

costs against the company