OMENICHEKWA ESTHER ONYINYECHI

The term business refers to an organization or enterprising entity engaged in commercial, industrial, or professional activities (Adam Hayes 2023). The purpose of a business is to organize some sort of economic production of goods or services. Businesses can be for-profit entities or non-profit organizations fulfilling a charitable mission or furthering a social cause. Businesses range in scale and scope from sole proprietorships to large, international corporations. Sustainability disclosure dates back to the historical beginnings of environmental reporting (Glendanique, 2017). The first sets of environmental reports were published in the late 1980s by companies in the chemical industry which had serious image problems, for instance, a huge PVC producer was denied permits to develop a site near Houston after residents organized to block the plant. Officials who supported the project privately conceded that the company and industry’s image as dangerous and greedy made the difference in blocking what technically was an unobjectionable proposal