Environmental Accounting Research Articles

Environmental Accounting and Sustainable Development of Firms in Rivers State, Nigeria

Within the scope of the research, environmental accounting and sustainable development were explored in relation to oil and gas firms located in Rivers State, Nigeria. There was a correlational survey research design used for the investigation. A total of six oil and gas businesses that were active in the Rivers State Region of Nigeria were included in the study's research population. For this particular investigation, secondary data served as the instrument. Statistical Package for the Social Sciences (SPSS) Version 22 was used in order to do the analysis on the data. A simple bivariate regression analysis was performed at a significance level of.05. The research issues were evaluated using the mean and standard deviations, and hypotheses were assessed using the analysis. The data indicated that there is no substantial connection between the cost of waste management and the ecologically sustainable growth of oil and gas businesses in Rivers State, Nigeria. Additionally, there is a strong significant association between the cost of pollution control and the development of ecological sustainability, as well as a strong significant relationship between the cost of pollution control and the development of economic sustainability for oil and gas businesses in Rivers State, Nigeria. By adhering to social responsibility in waste management, oil and gas firms should put a premium value on initiatives that are focused towards reducing their ecological footprint and promoting sustainable growth while also reducing their environmental impact.

An Emergy Analysis of Cultural Information: Tackling the Most Difficult Problem in Environmental Accounting

An Emergy Analysis of Cultural Information: Tackling the Most Difficult Problem in Environmental Accounting

ANALISIS PENERAPAN AKUNTANSI LINGKUNGAN PADA INDUSTRI TEKSTIL YANG TERDAFTAR DI BEI

Currently, the problem of environmental damage has become a public concern. Textile companies are a significant source of environmental pollution due to the trash they generate throughout their production activities. Accounting contributes to environmental preservation by incorporating voluntary disclosure of environmental costs or expenses in financial statements. However, there is no standardized approach to environmental accounting disclosures within the PSAK.The study examines environmental cost accounting in 20 BEI-registered textile companies' financial statements or annual reports. The data comes from BEI-registered textile companies' annual financial statements. The study examined textile manufacturers' yearly accounting implementation using qualitative descriptive methods. Based on their corporate annual reports' CSR sections, only 10 out of 20 textile businesses have incorporated environmental accounting. Only 4 out of 10 corporations disclose their environmental expenditures in their financial or annual reports.

THE EFFECTS OF CRIMINAL LAW ON LEGAL SUBJECTS OF WASTE MANAGEMENT THAT DAMAGES THE ENVIRONMENT

Article 28H of the 1945 Constitution of the Republic of Indonesia establishes constitutional and human rights for all citizens, outlining principles for managing the environment. These principles include state responsibility, justice, and sustainability. Despite the constitutional emphasis on the right to a good and healthy environment, environmental crimes are prevalent in Indonesia, particularly where companies dispose of waste directly into rivers, leading to pollution. While Article 28H, paragraph (1) underscores the right of individuals to live prosperously in a physically and mentally healthy environment, the reality contradicts these rights. Business activities in certain regions, especially along rivers, do not align with these principles. The prevalent criminal acts often involve improper waste disposal into rivers, causing environmental degradation. It is essential to consider Law No. 32 of 2009 on Environmental Protection and Management to tackle these challenges. According to Article 1, 14 of this legislation, environmental pollution is defined as human activities leading to the introduction or involvement of living beings, substances, energy, or other environmental elements, exceeding the quality standards set for environmental conditions. This study employs a normative juridical research method that incorporates three distinct approaches. The first approach is the statutory approach, involving a thorough examination of legal regulations relevant to the central focus of the research. The second approach, the conceptual approach, involves comprehending the legal concepts that underlie the research, including the values ​​inherent in the norms. Lastly, the case approach analyzes legal norms or principles applicable to Environmental Criminal Offenses, encompassing regulations, accountability, and possible legal consequences. Environmental pollution can be explained based on Article 1, number 14 of Law No. 32 of 2009 concerning Environmental Protection and Management.

EXAMINING GREEN INNOVATION PRACTICE ON CORPORATE’S SUSTAINABLE GROWTH IN NON-FINANCIAL SECTOR: THE MEDIATING EFFECT OF ENVIRONMENTAL MANAGEMENT ACCOUNTING

This research explores the role of Environmental Management Accounting (EMA) as a mediator in the relationship between green innovation and sustainable growth. This research utilized the STATA 14 program to test hypotheses using the path analysis test and the Sobel test. The analysis was conducted on 2,716 observations from 539 non-financial corporates listed on the Indonesia Stock Exchange (IDX) between 2013 and 2020. The path analysis findings indicate that (1) green innovation positively influences EMA; (2) green innovation positively affects sustainable growth; (3) EMA does not have a significant impact on sustainable growth; and (4) EMA does not operate as a mediator between green innovation and sustainable growth. Additionally, the present research conducted a rigorous robustness test, which yielded results that aligned with those obtained from the path analysis test. Incorporating environmentally focused innovation into company plans provides substantial benefits for achieving sustainable growth, including cost reduction, improved competitive advantage, compliance with regulations, and exploring new market opportunities.

Environmental management accounting for strategic decision‐making: A systematic literature review

AbstractHeightened environmental concerns have prompted businesses to align with regulatory demands, fostering a need for internal accounting tools aiding managerial decision‐making. While environmental management accounting (EMA) has become pivotal in supporting eco‐efficiency decisions within organizations, a gap persists in comprehending its genuine, proactive implementation for sustainable development in the existing literature. This study investigates why and how EMA is used for strategic decision‐making. A systematic literature review of 89 studies was conducted, and factors influencing EMA usage for strategic decision‐making were identified using the drivers–enablers–outcomes–barriers framework. Three reasons for EMA use in strategic decision‐making were identified: legitimacy, organizational efficiency, and strategic sustainable development. This study highlights the evolving use of EMA within organizations, moving from short‐term applications to recognizing its long‐term potential for strategic sustainable development. It explains the changing motives behind EMA adoption, driven by factors that encourage the use of advanced EMA tools for proactive, long‐term decision‐making in sustainable development. The integration of these tools depends on internal organizational factors like management's environmental responsibility, and proactive leadership commitment to sustainability. By exploring theoretical underpinnings and motivations of enhanced EMA usage, this research contributes to pragmatic approaches in sustainability accounting, illustrating how organizations, initially adopting EMA for legitimacy, recognize its benefits in guiding proactive, solution‐oriented managerial decisions toward strategic sustainable development.

Clinical Affordances: Towards an Ecological Account of Health Affordance and Design of Clinical Learning Spaces

In this article, we address the following question: how should clinical environments be designed to promote learning opportunities for clinicians? We develop an ecologically-informed account of learning opportunities informed by Gibson’s influential ecological theory of perception (Gibson, 1977, 1979). The so-called ‘push-pull’ account is proposed as a framework in which we can conceptualise how affordances are formed and actioned across different areas of clinical practice. We develop an account of health-care-related affordances that is discussed in relation to surgical training with a particular emphasis in terms of how skills are acquired in the use of robotic surgical techniques. Our primary focus is on the performative aspects of surgical performative process. We situate the current discussion in relation to a broader discussion about skills development in the context of healthcare as well as the future design of clinical spaces.

Impact of sentiment tendency of media coverage on corporate green total factor productivity: The moderating role of environmental uncertainty

In the context of China's carbon neutrality goal and increasing environmental responsibilities, this study examines the impact of media sentiment on Corporate Green Total Factor Productivity (GTFP), especially considering environmental uncertainty. Utilizing data from the CNRDS financial news database and employing the non-radial SBM-ML index to assess GTFP, the research explores how positive, neutral, and negative media coverage influences corporate sustainability behaviors. Results indicate that positive media coverage significantly enhances GTFP during corporate growth and maturation phases by improving public perception and investor confidence. In contrast, negative media coverage tends to reduce GTFP, particularly under conditions of high environmental uncertainty, highlighting the challenges during vulnerable periods. This study contributes to understanding the nuanced effects of media sentiment on corporate sustainability practices and underscores the importance of managing media relations strategically according to corporate lifecycle stages and environmental contexts to optimize sustainability outcomes. The findings offer valuable insights for businesses to align their media strategies with sustainability goals and for policymakers to develop regulations that harness media influence to support corporate environmental accountability. By strategically managing media narratives and fostering a supportive policy environment, corporations can leverage the power of media to drive their sustainability agendas and contribute to the achievement of national and global environmental targets.

The Effect of Environmental Costs, Environmental Disclosure, Environmental Performance, and Profitability on Firm Value

A company's worth is a key metric for maintaining its competitiveness in the face of fierce industry rivalry. The purpose of this study is to examine how firm value is impacted by environmental costs, environmental disclosure, environmental performance, and profitability. The study was conducted on companies listed on the Indonesia Stock Exchange from 2018 to 2022, employing purposive sampling to select 10 companies. Panel data regression analysis using Eviews 12 software was employed to test the hypotheses. The findings suggest that Environmental Costs do not influence Firm Value, whereas Environmental Disclosure and Environmental Performance do impact Firm Value. However, Profitability was found to have no effect on Firm Value. Based on the results of statistical tests and based on the discussion described in the previous chapter, the conclusions of this study are as follows: Environmental Cost does not affect firm value in industrial and chemical sector companies. The nature of environmental accounting disclosure is still voluntary.

Quantifying intangible values of wetlands as instrument for conservation in the Po delta park (Italy)

Wetlands possess intangible values that are usually overlooked in decision-making processes. Based on questionnaire surveys, this work aims to quantify both the non-use and cultural values provided by the different wetlands of the Po Delta Park (Northern Italy), selected as ideal case study, using willingness to pay (WTP) for wetland conservation and travel cost methods, respectively. Their relationships with socio-economic variables and respondents' preferences for current and future use were also analysed. The 61.39% of participants were willing to pay a mean amount of 95.8 € (±40). The average travel cost was 38.68 € (±6.24), with higher values observed for environmental experts than for other citizens. Wetlands differ significantly in travel costs, current and future use, but not in WTP. Poisson regressions showed that non-use and cultural values were significantly dependent on personal information, preference variables and travel distance. Intangible dimensions, such as bequest and existence values, showed higher valuations/rates than option and direct use values. The results highlight that perceptions of the intrinsic value of nature are influenced by demographic characteristics, distance from the area and desired future uses. Non-use values seem abstract and generalised to the whole area, regardless of the ecological characteristics of the wetland, even though a significant relation to wetland uses was observed. In contrast, cultural values are tied to specific wetlands, as indication of the importance of historical relationships between people and nature. Such findings underline that the different dimensions of intrinsic value of nature may act at different scales and help decision-makers to incorporate such values into environmental accounting.

Environmental and social accountability in emerging economies: strategic pressures from and responses to vulnerable local communities

ABSTRACT Drawing on Oliver’s typology of strategic responses (1991), this study demonstrates the strategic pressures that vulnerable local communities in Nigeria have exerted on cement companies and the multiple strategies that these companies have devised to discharge their environmental and social accountability (ESA). The data for this study were obtained through semi-structured interviews and document analysis. By exploring the role of local communities in Nigeria, our findings highlight the changing context of ESA in emerging economies in which local communities, often referred to as weak and passive stakeholders, have forced multinational companies to respond to their commitment to ESA. However, the extent to which local communities’ voices can alter companies’ profit maximisation that compromises people’s welfare and the environment has caused concern. The power and influence wielded by companies, which has enabled them to devise a multitude of strategic responses, has subtly dominated local voices and actions, confining ESA practices largely to the content of their annual statements. This raises concerns about current mechanisms for discharging ESA to promote sustainable development and attain sustainable development goals (SDGs) in emerging economies. In investigating the aforementioned, the paper also addresses the call made by prior work delineating the nexus between corporations and local communities in shaping ESA in the unique contexts of emerging economies.

Institutional Pressure and Business Sustainable Performance: Does Environmental Management Accounting Matter?

This study investigates the relationship between institutional pressures (IP) and sustainable business performance (SP) within Oman’s industrial sector, emphasizing on the mediating role of environmental management accounting (EMA). Drawing from the institutional theory, a sample of 307 respondents from Oman-based manufacturing firms listed on the Muscat Stock Exchange was considered. Data were gathered via an online questionnaire directed at accounting and finance professionals, with an impressive response rate of 96%. Using structural equation modelling through SPSS and AMOS, the analysis revealed that coercive pressure has a positive yet insignificant influence on SP, while normative pressure significantly correlates with SP. Additionally, while most dimensions of IP positively influence EMA, normative pressure was found to have no significant relationship with EMA. The results further confirm the significant positive impact of EMA on SP. This study underscores the pivotal role of EMA in fostering a sustainable business environment in Oman, accentuating the need for environment-friendly policies driven by IP.

Ecological Studies of Saurashtra Coast and Neighbouring Islands. V. Jafarabad to Bhavnagar Coastal Area

This paper is an ecological account of the plant communities and habitats observed in the coastal areas of Saurashtra from Jafarabad to Bhavnagar between 20°52': 21°45' and 71°25': 72°12'; ecological aspects are presented on an ecosystem basis. Plant communities grouped under ecosystems and analyses of soils are described to study soil features in relation to vegetation. A list of the coastal plants is prepared to record their distribution.

Building a Green Future: The Role of Environmental Accounting in the Public Sector

This article aims to understand the role of environmental accounting in the public sector and how it can contribute to the development of a green and sustainable future. Using a qualitative approach and research instruments such as interviews and document analysis, this study finds that environmental accounting can be an important strategic tool for the public sector. In this context, environmental accounting can assist in (1) Informing decision-making by providing relevant information on the environmental costs and benefits of various actions and policies. (2) Increasing transparency and accountability by reporting on the environmental impacts of public sector activities. (3) Identify opportunities for efficiency and savings by tracking and analyzing resource use. (4) Encourage innovation by highlighting opportunities for the development of new processes or products that are more environmentally friendly. (5) And, support the achievement of sustainable goals by assisting in setting, tracking, and achievement of sustainable goals. This research contributes to our understanding of the strategic role of environmental accounting in promoting sustainability in the public sector, demonstrating that its adoption can help build a green and sustainable future. Keywords: environmental accounting, public sector

Does air pollution motivate organisations to adopt environmental management accounting practices? Evidence from South Africa

This paper identifies the extent of air pollution in motivating companies to implement environmental management accounting (EMA) practices in 67 mining and cement companies listed on the Johannesburg Stock Exchange (JSE), South Africa, from 2012 to 2021. Pooled ordinary least squares regression is applied to analyse the data. EMA is proxied by environmental training, environmental audits and energy efficiency, while air pollution is measured based on the air quality index (AQI). The results show that air pollution is essential for companies to adopt EMA practices. This means that when air quality declines within a company’s locality, a company proactively adopts EMA practices. This suggests that air pollution is a key basis of companies' adoption of EMA, as predicted by the legitimacy theory. The study includes three control variables: size, return on assets (ROA) and number of years listed on JSE. Two control variables, namely Size and ROA, portray a positive and significant effect on adopting EMA from air pollution. This portrays that a financially stable company tends to submit to air pollution and use EMA to counter the pollution. In contrast, as the number of years increases for companies listed on JSE, EMA will likely be adopted less to reduce air pollution.

Reimagining Futures: Environmental Activism and African Futurism in Nnedi Okorafor’s Lagoon

This study examines Nnedi Okorafor’s “Lagoon,” combining African futurism with environmental themes to shed light on how the text influences our understanding of ecological activism from an African perspective. By scrutinizing Okorafor’s storytelling, this paper unveils the intricate ways the narrative integrates traditional knowledge and forward-looking visions, championing a sustainable and balanced relationship with our environment. “Lagoon” offers a vibrant depiction of Nigeria’s environmental challenges, highlighting the adverse consequences of petroculture while also displaying a joint effort among humans, non-humans, and extraterrestrial entities to address these environmental perils. The novel emerges as a poignant evaluation of environmental disregard and a tribute to collaborative resilience, presenting a compelling outlook of optimism and rejuvenation. This analysis locates “Lagoon” as a core element of African futurism, demonstrating how the genre can transcend mere conjecture to serve as a crucial tool for environmental advocacy and transformation. Through an examination of “Lagoon” from the perspectives of African futurism and environmental critique, this article illuminates the novel’s substantial contributions to both literary and ecological dialogues. It highlights the potential of speculative fiction not only to portray urgent environmental concerns but also to stimulate innovative thoughts and initiatives. In essence, this research stresses the significance of embracing indigenous perspectives and advancements in shaping sustainable futures, establishing “Lagoon” as a pivotal text that resonates with audiences and academics alike in its plea for environmental consciousness and accountability.

Analisis Peranan Akuntansi Dan Pelaporan Lingkungan Pada Perusahaan PT Asia Pulp & Paper (APP) Sinar Mas

In the business world, environmental accounting and reporting has become a major concern. Concern about environmental issues such as climate change, natural resource conservation, and sustainability has encouraged companies and organizations around the world to consider the environmental impact of their business operations. More and more companies are adopting sustainable business practices and committing to environmental responsibility. This research aims to provide benefits to manufacturing companies such as Asia Pulp & Paper Sinar Mas regarding the important role of environmental accounting and reporting for a company. The methodused in this researc his qualitative with a descriptive approach. The data usedare secondary data. The results of this research are on Asia Pulp & Paper Sinar Mas which has implemented and presented environmental reporting.

Emerging trends of environmental accounting research: a science mapping approach

Purpose This paper aims to provide a comprehensive knowledge structure for environmental accounting (EA) research by identifying research hotspots and frontiers and suggesting future trends for scholarly investigation. Design/methodology/approach Using the bibliometric method, the paper analyzed 321 academic articles and reviews in international journals from the Scopus database. Science mapping, including strategic diagrams, network analysis and thematic maps, was used to analyze the evolution of topics and to recommend future research trends. Findings EA research is an emerging trend. This study presents the landscape of EA research by constructing the “synthesis house of knowledge” in EA. Significant EA research areas were identified and future research trends were suggested based on the results. Practical implications This paper provides insights into the current state of EA research and identifies potential future research trends that can help scholars and experts develop and stimulate further advancement of the research in this field. Social implications Results may motivate policymakers and government agencies to formulate regulations to enforce appropriate corporate environmental strategies to better manage environmental costs and reduce community environmental impact. Originality/value The study provides an intellectually structured literature review of the EA research field; identifies the main themes through the innovative use of network analysis, strategic diagrams and thematic maps; highlights research gaps; and offers potential research questions and suggestions for future research. The novelty of this paper lies in the “synthesis house of knowledge” in EA and the research gaps and potential and specific research questions constructed from the findings.

Green decisions: The role of environmental strategies and proactivity in India’s manufacturing micro enterprises

This study investigates the implication of environmental strategies and environmental management accounting (EMA) on the environmental performance of manufacturing micro companies in India. It also assesses the mediating influence of EMA and the moderating impact of environmental proactivity. This paper employs the natural resource-based view theory to evaluate the domination of environmental strategies and EMA on environmental effectiveness. Even though MSMEs play a significant role in the Indian economy, their environmental impact is considerable due to less stringent adherence to environmental standards and practices. The data were gathered via a survey administered to managers of MSMEs. In the analysis, 107 reliable responses were included. Partial least square structural equation modeling is employed for the analysis of the dataset. The results show that environmental strategies positively influence environmental performance and EMA. EMA operates as a mediator for environmental strategies and environmental outcomes. Moreover, environmental proactivity moderates the association between environmental strategies and environmental performance. Hypotheses testing results conclude that manufacturing micro companies that emphasize environmental strategies and factors have improved environmental performance. Companies that proactively deal with environmental issues develop strategies to achieve sustainability.

Environmental Accounting and Sustainability: Bibliometric Analysis and Documentary Review of Scientific Production, Period 2015-2024

The purpose was to describe global scientific and literary outputs, on different aspects around environmental accounting (EA) and sustainability in environmental, business and policy domains, between 2015 and 2024. This was achieved through a quantitative characterization of publications. The methodology used took as referent aspects for the analysis: focus, units, topics, country, authorship, citations and journals, these a descriptive and reflexive documentary study of the scientific literature, based on the collection of papers in Scopus and the use of VOSviewer. The materials were selected according to various criteria, including keywords such as "environmental accounting" and "sustainability", limited to fields such as: business, management and accounting, during the period from 2015 to 2024. The result included the identification of 54 texts, with the years with the highest number of publications being 2015 with 25.8% and 2018 with 19.7% of the total number of documents. Regarding the approaches, a predominant orientation towards the qualitative paradigm was observed, with 70%, compared to the quantitative one, with 32%. The most common types were exploratory (65%), descriptive (20%) and correlational (3%). As for the units, the majority focused on inquiries in companies with 52%, divided between large companies (57%) and MSMEs (11%). In turn, the sectors most frequently observed were tertiary (48%), followed by secondary (34%) and primary (2%). The origin of most of the studies was the United States, the United Kingdom, Australia and Italy. Finally, the limitations found were mainly related to the methodological approach, the inclusion of only one database, which could have excluded relevant studies not indexed in this one.