What is it about?

The main purpose of this research is to use a formal concept analysis to apply the water guideline of Global Reporting Initiative (GRI) and disclosure guidelines of the CEO Water Mandate to enhance our understanding of water disclosure in the corporate social responsibility report.

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Why is it important?

Although climate change is widely discussed in the press, very little research has discussed water performance in business and how it is related to business operation. Water use and reclamation, for example, is an important issue facing the world in this time of climate change. Much has been written about the challenges facing corporations and other entities given the potential for climate change to result in large shifts in precipitation patterns across the globe. Accordingly, understanding corporate plans from large quantities of text shown in CSR reports for addressing climate change issues with regard to water use and reclamation is important.

Perspectives

At the present time, identifying the hidden orders and practical engagements from peer institutions' CSR reports is often overlooked. To overcome this drawback, we focus this work on providing a practical example of seven corporate approaches to sustainable water management in the food and beverage sector. Specifically, in this study, we demonstrate the use of a valuable text data visualization/analysis tool, formal concept analysis, for understanding corporate behavior and the linkages between different behaviors. The tool also provides a way of categorizing firms based on their adherence to different formal concepts.

Picheng Lee
Pace University

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This page is a summary of: Using Formal Concept Analysis to Examine Water Disclosure in Corporate Social Responsibility Reports, Corporate Social Responsibility and Environmental Management, May 2017, Wiley,
DOI: 10.1002/csr.1427.
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