In this paper we explore how carbon markets have entered the world of financial accounting. The advent of the European Union Emissions Trading System (EU ETS) in 2005 provided the opportunity for global climate change concerns to be translated from policy into something that could, and should,...

The authors sketch a framework within which the contributions to this theme issue can be understood. In particular, they discuss various frames of reference or ways of thinking that can be brought to bear on the challenges that arise in evaluating attempts to govern environmental risks. The...

The authors examine the extent to which the practices of social and environmental accounting, auditing, and reporting (SEAAR) provide opportunities for the identification, communication, and management of social and environmental risks. In introducing and exploring accounting practices, the...