Environmental Accounting Research Articles

Analisis penerapan akuntansi manajemen lingkungan pada PT. Gerbang Nusa Perkasa

Environmental damage is a problem that is often overlooked in the business world. This is due to the waste generated and overexploitation of the environment and not being managed properly. This is because companies and government agencies are not effective in implementing environmental management accounting. This study aims to determine how the analysis of the application of environmental management accounting at PT. Gerbang Nusa Perkasa. The analytical method used in this research is a qualitative descriptive method, and the results are clear: PT. Gerbang Nusa Perkasa has not yet implemented environmental management accounting. There are no detailed and specific environmental costs in the income statement, and the results of the income statement do not contain elements related to environmental management. This is indicated by the absence of an account in the accounting records that would disclose environmental management.

Implementation of Environmental Management Accounting and Good Corporate Governance on Value Chain and its Implications on Financial Performance

Implementation of Environmental Management Accounting and Good Corporate Governance on Value Chain and its Implications on Financial Performance

The Impact of Applying Environmental Accounting on the Sales of Economic Units

The objective of the study was to assess the impact of environmental accounting on of economic entities and to determine how it affects the increase in the sales economic entities, this information is used to help these entities manage their resources more effectively and demonstrate the necessity of environmental accounting. The investigation's sample was comprised of employees of commercial organizations, scholars and professionals. (100) The questionnaire was sent directly to a random subset of the research population. The primary takeaway is that environmental accounting has an effect on increasing the sales of economic entities and also provides an advantage for economic entities that can be used to gain a competitive advantage and have a sustainable growth.

Deciphering Barriers and Strategies in Environmental Management Accounting (EMA) Adoption: A Comprehensive Two‐Decade Analysis

Deciphering Barriers and Strategies in Environmental Management Accounting (<scp>EMA</scp>) Adoption: A Comprehensive Two‐Decade Analysis

Restoration of phosphate mined lands: literature review with insights from Morocco

Phosphate mining is essential for global agriculture but poses significant environmental challenges, particularly in landscape degradation. This study reviews the current state and trends of phosphate mining, highlighting economic importance, environmental impacts, and sustainability issues. It evaluates restoration techniques, focusing on the effectiveness of various plant species in restoring mined areas. Key factors influencing successful rehabilitation include topsoil management, physico-chemical site characteristics, nutrient bioavailability, topography, and water availability. The study advocates for integrated land management strategies that combine tailored nutrient management plans, erosion control, and water conservation, particularly in arid climates. Strengthening and enforcing regulatory frameworks is crucial to ensure accountability in land rehabilitation, with a focus on sustainability. Recent legal advancements in Morocco aim to modernize mining operations and enhance environmental accountability. The findings recommend increased investment in research to develop innovative rehabilitation techniques and long-term monitoring programs to ensure adaptive management and continuous improvement of restoration outcomes.

The environmental footprint as part of the indicators of sustainable development in Iraq

The urgent need for sustainability and sustainable development arises due to the continuous deterioration of environmental systems at an increasing speed. The sustainable development management needs tools and methods to calculate the demand for environmental resources as well as to know the ability of these resources to be sustainable. The ecological footprint is one of the sustainability measures in the world. Environmental footprint analyzes also assist in decision-making regarding the use of environmental resources and identify areas in which pressure on the environment can be reduced.The purpose of calculating the ecological footprint is to provide an environmental account statement that evaluates the ecological services provided and matches their demand on the global biosphere in order to provide resources and absorb waste.The most important results that were reached in this research using environmental indicators are that all factors combined for which data are available need further maintenance and development in order to improve environmental performance through environmental indicators.

Highlighting the Leadership Role of Top Management and Business Strategy Between Institutional Pressures and the Adoption of Environmental Management Accounting

Highlighting the Leadership Role of Top Management and Business Strategy Between Institutional Pressures and the Adoption of Environmental Management Accounting

Sub-Regional Biophysical and Monetary Evaluation of Ecosystem Services: An Experimental Spatial Planning Implementation

Preserving soil is crucial for addressing the key challenges of the new millennium, like climate change and biodiversity loss. Spatial planning plays a pivotal role in stopping soil consumption and degradation, thereby safeguarding soils that provide valuable ecosystem services. With the advent of the System of Environmental-Economic Accounting by the UN, countries are developing a shared protocol for the biophysical and monetary quantification of ecosystem services. However, downscaling efforts are necessary and must be conditioned by the national context, policies, economic dynamics, and data availability. Therefore, this research proposes a soil quality assessment methodology based on its ecosystem value at the sub-regional level in northern Italy, building upon national guidelines. This study includes modeling and mapping outputs involving six ecosystem services through eight biophysical indicators and the monetary quantification of these services. Both assessments have been conducted over two time periods to highlight the impacts of land cover transformation.

A comparison of valuation methods for cultural ecosystem services in support of ecosystem accounting

Assigning an economic value to cultural ecosystem services is important to promote their sustainable and rational use. Valuation of such services requires a non-market approach as they are not traded on markets and, thus, have no directly observable market price. The System of Environmental-Economic Accounting – Ecosystem Accounting (SEEA-EA) aims to develop a systematic approach to value ecosystem services aligned with the valuation approach of the national accounts. However, valuing cultural services in SEEA-EA is challenging and different approaches have been developed. In this study, we compare four prominent approaches for valuing cultural ecosystem services: resource rent, travel cost method, simulated exchange value and consumer expenditure. We test and compare these methods in a case study of Ugam Chatkal State Nature National Park in Uzbekistan and examine to what degree the methods are aligned with accounting valuation principles. We note that the methods assess value in a different way and, accordingly, we find considerable differences amongst approaches in recreational value: values ranged between US$1.62M and US$65.19M annually. The lowest value was provided by the resource rent approach and the highest value by the travel cost method including consumer surplus. This latter method is not aligned with SEEA-EA accounting; however, even the three methods that are aligned with accounting principles provide quite different value estimates. The two other approaches, simulated exchange value and consumer expenditure, provided an annual value of US$24.46M and US$13.5M, respectively. We find that a resource rent method is likely to underestimate the 'true' value of the service when used for accounting and that the simulated exchange value method seems to be best aligned with the valuation needs for cultural services for SEEA-EA.

Application of Environmental Cost Accounting to Reduce Emissions and Health Impact in the Greater ABC Region, Brazil

This work shows a proposal for reducing emissions, fuel costs, and respiratory disease hospitalizations using environmental cost accounting principles for the production of biodiesel production from waste frying oil (WFO). PM10, PM2.5, and O3 data from 2017 to 2022 were collected and correlated with the number of hospitalizations for respiratory diseases and their costs. WFO samples were collected locally from households and restaurants in the greater ABC region, Brazil, and biodiesel was produced using the samples. The results showed that throughout the studied period, one or more of the polluting gases showed a strong correlation with hospitalizations due to respiratory diseases, corroborating what has already been verified by other studies carried out by the WHO. WFO biodiesel was within the standard limits, and the total annual production was estimated to be 30,435 m3; moreover, the associated annual carbon credits would equal 67 tCO2, as well as a decrease of 30% in total pollutant emissions. Environmental cost accounting revealed that the annual number of respiratory disease hospitalizations could decrease by 3093 and the associated healthcare cost would decrease by USD 838 thousand per year; moreover, the sale of biodiesel and byproducts can generate an annual profit of USD 19 million. The biodiesel plant project had an NPV of USD 172.5 million, a payback of 1 month, and a return on investment of more than 170 times the initial financing. In addition, the reputation and the quality of life of the greater ABC region’s residents could improve.

Technological Innovations Driving Environmental Accounting: A Sustainable Approach to Corporate Responsibility

Technological Innovations Driving Environmental Accounting: A Sustainable Approach to Corporate Responsibility

Environmental Management Accounting as a Mediator in the Impact of Innovations on Competitive Advantage: a Nexus Approach to the SDGs

Environmental Management Accounting as a Mediator in the Impact of Innovations on Competitive Advantage: a Nexus Approach to the SDGs

The Impact of Social Responsibility on Environmental Accounting (Companies Listed on the Tehran Stock Exchange)

Objective: This study aims to investigate the impact of social responsibility on environmental accounting practices among companies listed on the Tehran Stock Exchange. Methodology: The research employed a descriptive-correlational design, focusing on a sample of 198 financial managers selected from a population of 589 through simple random sampling and Cochran's formula. Data were collected using a questionnaire and analyzed using SPSS version 25 and PLS version 3 for structural equation modeling. Both library and field methods were used for data collection. Findings: The results indicated that social responsibility significantly impacts environmental accounting, with a path coefficient of 0.401. The determination coefficient (R²) was 0.219, and the adjusted determination coefficient (R² Adjusted) was 0.213, indicating a moderate fit. The normality test showed that social responsibility data were normal, while environmental accounting data were not. Convergent and discriminant validity tests confirmed the reliability and validity of the measurement model. Conclusion: The study found a significant relationship between social responsibility and environmental accounting. Despite the importance of environmental costs, traditional accounting systems often neglect these costs. The adoption of environmental accounting practices can bridge the gap between environmental managers and accountants, enhancing both financial and environmental performance. Policymakers, managers, and regulators should consider integrating social responsibility into strategic planning and regulatory frameworks to promote sustainable business practices.

ГРАНИЦЫ: РОЛЬ И ЗНАЧЕНИЕ В БУХГАЛТЕРСКОМ (ФИНАНСОВОМ) УЧЕТЕ ПРИРОДНОГО КАПИТАЛА

The concept of sustainable development has changed the requirements for information about the activities of enterprises, in particular, about natural capital. The existence of contradictions in the understanding of natural capital causes problems in the organization of its accounting. The nature of these contradictions revealed in the article has methodological significance. The reasoned objectivity of the impossibility of recognizing air and water resources as accounting objects is of practical importance for the organization of environmental accounting.

Sustainability Reporting in Value Creation: The Critical Mediation of Environmental Management Accounting

This study examines the essential function of Environmental Management Accounting (EMA) as a mediating variable in the correlation between sustainability report disclosures and firm value. The study highlights the beneficial effects of Environmental Management Accounting (EMA) on value creation by aligning business strategy with sustainable practices, as viewed through the framework of stakeholder theory. Multiple regression and path analyses were performed on a sample of Indonesian manufacturing businesses listed on the Indonesian Stock Exchange (IDX) from 2020 to 2023 to evaluate the assumptions. The findings indicate that EMA substantially increases business value by fostering operational efficiency, transparency, and stakeholder confidence. The Sobel test further substantiates EMA's mediation impact, indicating that organizations with strong EMA procedures get superior financial success and sustainability results. This study highlights the significance of incorporating EMA into sustainability reporting frameworks to improve business value and promote sustainable development. Keywords: sustainability report disclosure, environmental management accounting, firm value

Accounting and The Environment: Literature Review

Objectives: This article seeks to analyze the interaction between accounting and the environment, investigating how companies can integrate environmental costs and impacts into their accounting practices. Its main objective is to discuss strategies that reconcile environmental sustainability with legal requirements and consumer demands for greater socio-environmental responsibility. Theoretical Framework: The study is based on the concept of environmental accounting as a branch of socially responsible accounting. Theoretical elements such as the UN Economic-Environmental Accounting System (SEEA) are covered, as well as research on sustainability reports and corporate practices aimed at meeting growing environmental pressures. The literature also explores the historical evolution of the environmental movement and its influence on strategic business management. Method: The research adopts a qualitative and descriptive approach, based on a comprehensive bibliographic review that includes academic publications, books, scientific articles and other relevant sources. It is characterized as an exploratory study, with the purpose of interpreting complex phenomena and assigning meanings to them in the investigated context. Results and discussion: Results: The study shows that the lack of coding and standardization in environmental accounting makes objective comparison between companies difficult and undermines transparency in recording environmental damage. Furthermore, it highlights that organizations that adopt sustainable practices enjoy competitive advantages, such as improved reputation, reduced costs with fines and access to tax incentives. Discussion: The importance of including environmental costs (preventive, corrective and reparative) in the financial statements is highlighted, in order to accurately portray operating margins. Initiatives such as ecological audits and obtaining environmental seals are cited as effective tools for aligning business operations with sustainability principles. Research Implications: The work promotes awareness of the relevance of integrating sustainable accounting into business practices, offering theoretical foundations and applicable examples that can support managers and accountants. Additionally, it emphasizes the need to strengthen public policies and greater standardization of accounting standards aimed at sustainability. Originality and Value: The article's unprecedented contribution lies in the synthesis of the relationship between accounting and environmental sustainability, highlighting the role of accounting as a strategic instrument to promote sustainable corporate practices. The research adds value by offering useful insights for academics, managers and policymakers interested in promoting socio-environmental responsibility.

Using the theory of planned behavior to examine the environmental behavior of roadrunners in Taiwan

BackgroundRoad running and similar community events boost local economies but also generate significant disposable waste, raising environmental concerns. According to the Theory of Planned Behavior, eco-friendly intentions are influenced by attitudes, subjective norms, and perceived behavioral control. This study explores these psychological factors among Taiwanese road runners, highlighting their ecological accountability and aiming to impact both theory and practice of environmental behavior towards societal sustainable development.MethodsA total of 430 questionnaires were collected from people associated with a series of road-running events in Taiwan. Based on the Theory of Planned Behavior, the relationships between the key components such as attitude, subjective norms, perceived behavioral control, behavioral intention, and behavior were investigated. The survey questions were designed and adapted in accordance with the guidelines for Theory of Planned Behavior questionnaire construction proposed by Ajzen. Partial least squares—Structural Equation Modeling has been used in hundreds of studies across a wide range of disciplines and was used to explore these components and develop a pathway model.ResultsThe results indicated that when females participate in road-running events, their perceived behavioral control, behavioral intention, and behavior regarding environmental protection are higher than those of the males that were sampled. Road-running participants who are aware of environmental road-running events exhibit better attitudes toward promoting environmental protection and more likely to be influenced by subjective norms. Older road-running event participants tend to outperform their younger counterparts in all the key components that were investigated in this study.ConclusionsThe findings supported the five hypotheses that were tested in this study. Moreover, when encouraging people to participate in road-running events, environmental intervention protection measures must be implemented to increase the public’s awareness and knowledge of environmental protection at these types of events.

Conceptual Environmental Sustainable Development Through Environmental Management Accounting Practices

Conceptual Environmental Sustainable Development Through Environmental Management Accounting Practices

Environmental Accounting Practices and Corporate Global Performance in an Emerging Market: The Mediating Role of Environmental Disclosure

Environmental accounting practices (EAP) serve as a comprehensive system for monitoring and reporting environmental facts, effectively addressing the limitations of traditional accounting. A review of the literature indicates that most studies on EAP have primarily focused on demonstrating their positive impact, particularly on companies’ financial performance. The objective of this study is to empirically examine the relationship between EAP and corporate global performance (CGP), incorporating environmental and commercial dimensions. Drawing on the contractual approach and legitimacy theory, we propose a research model that elucidates the mechanisms through which EAP influences CGP, with a focus on the indirect effect of environmental disclosure on this relationship. The primary contribution of this research lies in the development of a conceptual model that integrates variables suggested in the literature but never tested together. To the best of our knowledge, no prior studies have explored the indirect effects of environmental disclosure on the EAP-CGP relationship. Our findings indicate that EAP has a positive influence on all three dimensions of global performance. The results also demonstrate that environmental disclosure mediates the relationship between EAP and the financial and commercial dimensions of performance.

Pentahelix Model in the Prevention of Environmental Accounting Fraud in the 3T Region

Pentahelix Model in the Prevention of Environmental Accounting Fraud in the 3T Region