BUSINESS MODEL AS A TOOL FOR INCREASING THE MARKET CAPITALIZATION AND REDUCING ENVIRONMENTAL IMPACT OF THE COMPANY

Abstract

© 2020. All Rights Reserved. Annually, the world generates 1.3 billion tons of solid waste. This is expected to go up to 2.2 billion by 2025. Therefore, as consumers, we are very wasteful. The OECD countries are responsible for 44% of waste, and in the U.S. alone, the average person throws away their body weight in rubbish every month. This article describes the actual problems of environmental issues and information disclosure in Integrated Reporting, which could best explain to users of financial statements the influence of factors of a company’s activity on its market value. As an example of the use of the "Integrated" principle of disclosure of information in the reporting, the authors propose the reporting of the Russian vertically integrated oil company Tatneft. In particular, the authors propose a new format for disclosing information about the assets and profits of the Tatneft Group, taking into account the impact of nonfinancial capital.