Research On The Problem And Improvements Of Environmental Accounting Information Disclosure In Shanghai Baosteel

With the rapid development of economy and the improvement of people's living standard,the non-renewable energy and the rapid deterioration of the Earth's environment come with it.Facing the increasingly severe environmental problems,many countries,especially developed countries,have not only made strict laws and regulations related to environmental protection,but also put forward higher standards for enterprises to disclose environmental information.In this context,in order to improve environmental issues and to promote the gradual alignment of China's accounting laws and regulations with international accounting standards,China introduced in 2019 what has been called the most stringent new environmental protection law in history,this is bound to cause a series of impact on the disclosure of environmental information of China's enterprises in various industries to form a higher and more stringent requirements.As a highly polluting enterprise,the steel industry naturally attracts much attention.As a representative enterprise of the steel industry,Shanghai Baosteel Corporation,the study of environmental information disclosure has high reference value for the whole steel industry and even all polluting enterprises.This paper has collected the research literature of Environmental Accounting by literature research method and summarized their views.First,according to the Information asymmetry,stakeholder theory,sustainable development theory and social responsibility theory,as well as relevant environmental accounting laws and regulations at home and abroad,from the overall analysis of the entire steel industry environment-related information of the specific situation,and then in-depth analysis of the disclosure of the status quo of Baosteel.It is found that there are some problems in environmental information disclosure: incomplete disclosure,non-standard disclosure and lack of third-party audit.By exploring the causes of these problems,it is found that they are caused by the immaturity of environmental accounting theory,the imperfection of environmental accounting regulations,the unsoundness of environmental accounting accounting,the lack of independent third-party audit of relevant accounting information and the weak supervision consciousness of stakeholders.Finally,through the standard of standard laws and regulations and the disclosure behavior of listed companies in developed countries,the paper puts forward some suggestions for improving the disclosure of Baosteel,Baosteel should improve the disclosure of relevant environmental information,standardize the disclosure,strengthen the audit of relevant accounting information,improve the professional ability of accounting personnel in the disclosure of relevant information,and establish the evaluation system of relevant information disclosure.There are many problems in the disclosure of environmental accounting information in our country,especially in those enterprises that have not used the special environmental report,which is not good for the smooth implementation of environmental accounting.The purpose of this paper is to provide suggestions for the improvement of environmental information disclosure,standardize the disclosure behavior of listed companies,speed up the process of China's accounting standards and international accounting standards,and promote the green development of various industries.