Which of the following best describes accountability in sustainability accounting?

Accountability in sustainability accounting primarily revolves around being transparent and answerable to stakeholders. This means that organizations must not only disclose their sustainability practices and outcomes but also engage with stakeholder concerns and expectations. Accountability encompasses a broader scope than just financial metrics; it includes how a company manages social, environmental, and economic impacts. By being accountable, companies demonstrate their commitment to ethical practices, responsible governance, and responsiveness to the interests of various stakeholders, including employees, customers, investors, and the community.

Highlighting corporate social responsibility and reporting on environmental impact are important aspects of sustainability practices, but they fall short of fully capturing the essence of accountability. True accountability involves a comprehensive approach that integrates financial performance with social and environmental stewardship, fostering trust and collaboration with all stakeholders involved. The focus on transparency also implies that stakeholders should be able to access relevant information to assess a company's sustainability performance and make informed decisions.