Environmental Accounting Research Articles

Sustainability assurance and corporate environmental accountability

AbstractThis study explores the institutional field of sustainability assurance in South Africa to explain how this emerging practice, largely embedded in the mature field of auditing, operates. Employing the institutional pillars approach to analyze data obtained from in‐depth interviews, archival sources, and documentary reviews, the study shows mechanisms by which governing norms of the sustainability assurance field in South Africa are maintained despite a conspicuous gap between the desired purpose of sustainability assurance and its actual practice. Building on prior research on capture of sustainability assurance field, we identify an institutional outcome of total—that is, managerial and professional—capture conditioned by (1) malleability of the objective and scope of sustainability assurance engagements and (2) inadequate regulative pillars that failed to manage the multiple and competing interests in the sustainability assurance field. We show that total capture enabled maintaining field norms of sustainability assurance that cater for the interests of assurors and clients with limited regard to enhancing corporate environmental sustainability. The study contributes to the literature by highlighting the institutional outcome of embedding the emerging practice of sustainability assurance in an established field of auditing in a setting with weak regulative pillars.

Application of environmental management accounting and strategy to company innovation with research and development effort and company size as control variables

The global industrial world is significantly impacted by technological advancements, necessitating the establishment of regulations to enhance organizational implementation inside companies and attain optimal objectives. The norms of management accounting provide the provision of precise information for strategic and tactical decision-making in management. The objective of this study is to analyze the direct and indirect impact of accounting, environmental management, and strategy on company innovation. The study will also consider research and development activities and company size as control factors. Primary data will be used for the analysis. The sample size for this study consisted of 155 employees. The investigation involved collecting 112 samples using the Slovin formula. The analysis approach employed was multiple linear regression analysis. The study findings indicate that all variables exert a favorable impact on firm innovation. Therefore, the utilization of environmental management accounting and the execution of strategies in a reputable company will result in multiple innovations and strategies, including the reduction of product waste pollution, mitigation of global warming impacts, heightened awareness of minimizing environmental costs that may harm the environment, and the creation of new prospects for producing impeccable quality products.

THE EFFECT OF ENVIRONMENTAL MANAGEMENT ACCOUNTING ON CORPORATE SUSTAINABILITY

The purpose of this research is to look into the impact of Environmental Management Accounting on company sustainability. The sample in this study was taken using a purposive sampling technique. The research sample is a company registered on the IDX for the 2018-2021 period. Out of a total of 740 existing companies, only 16 companies met the criteria, so the number of samples in this study were 16 companies observed in four observation years, namely 2018 - 2021. All of these companies were INCO, PTBA, BUMI, ANTM, ITMG, TINS, PTRO, ANJT, JPFA, AALI, PGAS, JSMR, ABMM, WIK, INTP and ASII. The research data were obtained from the company's financial statements and analyzed using panel regression analysis techniques. The findings of this study show that environmental management accounting positively impacts corporate sustainability in terms of both social and environmental factors. companies that have low Environmental Management Accounting.

The Effect of Implementing Environmental Management Accounting on Environmental Performance (Empirical Study of Public Companies Based on the Company Performance Assessment Progamme in Environmental Management / PROPER Listed on the Indonesian Stock Exchange for the 2016-2017 Period)

The Effect of Implementing Environmental Management Accounting on Environmental Performance (Empirical Study of Public Companies Based on the Company Performance Assessment Progamme in Environmental Management / PROPER Listed on the Indonesian Stock Exchange for the 2016-2017 Period)

ENVIRONMENTAL ACCOUNTING: EXTERNALITY PLANNING MODEL FOR PALU SPECIAL ECONOMIC AREA (SEZ)

The sustainability of the externalities of the Palu Special Economic Zone (KEK) provides legitimacy for managers, especially negative externalities, such as economic, social, environmental, legal and governance dimensions. Social dialogue really needs to be carried out to produce social license. As a result, the social license that has been obtained will become an important note as a reference and evaluation in assessing the performance of companies operating in the regional area. The role of environmental accounting for the sustainability of the externalities of the Palu Barus Special Economic Zone (KEK) focuses on processes that exert control over the impact of the company's production activities so that various negative externalities can be handled or minimized. Therefore, Estate managers must realize that they must increase profitability and take care of everything related to their survival in society directly or indirectly. This awareness produces a solution to the concept of sustainable development. Therefore, the managers of the Palu Special Economic Zone (KEK) and company owners operating within the area ensure that every decision is directed towards sustainability. Management accounting and control play a major role in creating information and therefore need to be considered as society seeks a transition to sustainability. Environmental accounting also plays an important role in trying to identify externalities, such as determining what is the subject of the account (the company's production activities, products produced by all companies operating within and outside the regional area, determining which externalities will be identified. The potential for negative externalities to occur if there is dialogue social services are not implemente

Environmental issues, governmental policies, and accountability on the public communication agenda. Statistical results from Central and Eastern European countries

This paper highlights the importance of environmental policies in a social and economic context characterized by multiple structural crises. The beginning of the XXI-st century proposes a new perspective, based on the transition from industrial to clean energy and green economies. In this context, environmental preservation should be seen as a main goal for decision-makers and the civic community. The paper aims to identify several relevant predictors that are involved in the further dynamics of the Environmental Performance Index. In order to argue the role played by economic factors in preserving the environment, the paper used quantitative and multivariate statistics, being based on linear, nonlinear, and multiple equations of regression. Using one-way ANOVA and nearest neighbourhood methods, the paper highlights the fact that environmental performance is strongly related to economic welfare, governmental coordination of climate policies, the level of sustainable development, and civic accountability.

Анализ концепции применения технологий информационного моделирования для экологического планирования города

The article formulates problems that make integration difficult and arise due to differences in the scope and scale of models required for building construction, on the one hand, and environmental planning, on the other. While building construction models focus mainly on the structure of the building itself, environmental planning takes into account natural objects and habitats, including protected areas in a larger radius of the structure. Disciplines such as architecture, structural engineering, or building technical equipment have already integrated their processes, data structures, and tools well into building information modeling (TIM). However, such integration is still not enough in environmental planning and landscape architecture. Data about these objects is usually contained in geographic information systems (GIS). Therefore, combining BIM and environmental planning also becomes a matter of integrating TIM and GIS. In addition, the creation of an automatic configurator for territory planning will have a significant positive impact on the environmental planning process and will add a new criterion for assessing the environmental sustainability of future development already in the design process.
 We have considered the issues of integrating the processes of environmental planning of the city with the methods and technologies of information modeling. In particular, the models used in construction are considered, attention is focused not on the building itself and its structures, but on environmental planning and accounting for natural objects. The ways of solving the problems of integration with geographic information systems (GIS) and the development of an automated configurator for territory planning are proposed.

Environmental Management Accounting Practices on Environmental Performance among Students and Lecturers

Environmental Management Accounting Practices on Environmental Performance among Students and Lecturers

Integrasi Akuntansi Lingkungan Untuk Kinerja Bisnis Dan Pertanggungjawaban Yang Komprehensif

Abstract. Growing awareness of environmental issues has encouraged companies to consider environmental impacts in their operations. The integration of environmental accounting becomes a key focus for measuring, reporting and managing these impacts, creating better engagement in sustainable practices. This article aims to investigate the benefits of environmental accounting integration in the context of comprehensive business performance and accountability. We seek to identify direct links between this integration and business performance, as well as explore its impact on corporate accountability for environmental impacts. This research uses a literature study approach by conducting a comprehensive literature review to collect information from various academic and practical sources. Literature analysis was conducted to summarize key findings and identify trends and knowledge gaps. The integration of environmental accounting has a positive impact in increasing operational efficiency, supporting sustainable innovation, and strengthening the company's image through accountability and transparency. Strategic decisions based on environmental accounting information can increase engagement in sustainable business practices and ensure compliance with regulations.

The Environmental Management Accounting for Supporting Green Innovation/Firm’s Value with a Case Study

The Environmental Management Accounting for Supporting Green Innovation/Firm’s Value with a Case Study

Spatially explicit ecosystem accounts for coastal wetland restoration

Coastal wetlands (i.e., mangroves, saltmarshes, and seagrasses) have been recognised as an efficient natural climate solution to help mitigate and adapt to climate change. These ecosystems are also known to provide additional ecosystem services to coastal communities (e.g., fisheries and biodiversity enhancement, nutrient removal). Despite their importance to coasts and coastal communities, we lack spatially explicit information on the values of these ecosystems and the estimated return on investment from coastal management activities to rehabilitate them. Here, we aligned an environmental economic accounting framework combined with a scenario analysis to develop a set of accounts for mangroves, saltmarshes, and seagrasses across the state of Victoria (Australia) as a case study, including the following ecosystem services: commercial and recreational fisheries, carbon and nitrogen sequestration, and coastal hazard mitigation. Importantly, we assessed the current extent, condition, and ecosystem services (physical and monetary) from these coastal ecosystems and examined how they could be improved through management actions. Overall, we found that the combined benefit (i.e., nitrogen and carbon sequestration, fisheries, and coastal hazard mitigation) provided by existing mangroves, saltmarshes, and seagrasses in Victoria is approximately AUD120.9 billion per year. Considering the management scenarios included in this study, our analysis showed that levee removal plus managed retreat had the highest cost at AUD7.6 billion; however, it also provided the highest net benefit of AUD134.8 trillion after 50 years, with a 5 % discount rate. In contrast, fencing was the cheapest management action to restore mangroves and saltmarshes, delivering more than AUD140 billion after 50 years. While our results demonstrate a large return on investment if coastal wetlands are restored at large scale, the implementation of small-scale projects is still a major challenge. However, this study demonstrates that an environmental economic accounting framework combined with a scenario analysis is a powerful approach to guide the decision-making process, providing critical information on the estimated return-on-investment from restoration of mangroves and saltmarshes, with encouraging implications of the impacts of actions at local scales.

Environmental Management Accounting and Stakeholders Perspective: A Theoretical Perspective

This paper focus on the theoretical perspective of environmental management accounting theory and practices and derive into how this principle can impact on the financial performance of companies particularly in an emerging economy. This study will critically examine the various principles on environmental management accounting and how focus on the Nigerian Oil and Gas Companies in Nigeria because these companies are the major causes of environmental pollution and degradation in the Nigeria’s Niger Delta Region. This paper examined existing literature on the environmental management accounting theory discussions, identified the critical features of the theory that are relevant to this paper and robustly discuss the benefits and advantages of adopting environmental management accounting principles in the accounting processes of the strategic assets, oil and gas in Nigeria. This study spanned the years 1999 through 2023 where these important tools can be vital to the understanding of the various economic cycle and significant instruments for effective decisions regarding investment, monetary and fiscal policy. The periods experienced critical economic shocks such as credit boom, a financial recession, a rebound, and strong economic expansion. Furthermore, the period covered the increase demand by stakeholders of the environmental management accountability of the Oil and Gas Companies. In this study piece, a systematic literature review (SLR) was performed, and the research revealed crucial environmental management accounting theory analysis to enable this paper identify suitable articles and journals. A SLR was performed using a sample of 100 research articles chosen from a pool of 400 papers obtained from Scopus, Web of Science, Google Scholar, ABS journal and, among other sources. As a result of the review, the paper recommended that the rigorous implementation of environmental management accounting in the accounting process of Oil and Gas Companies in Nigeria. Finally, authorities should adopt laws and regulations to ensure that Nigerian oil and gas corporations understand the need of incorporating environmental and operational performance into long-term strategic goals.

Dialogic approach to teaching and learning environmental management accounting (EMA) in tertiary education

ABSTRACT This study focuses on an environmental management accounting (EMA) course and explores how a pedagogical project, incorporating dialogic environmental and sustainability elements, transforms students’ perspectives and educational experiences. The findings support the shift towards a dialogic approach to enhance the educational experiences of tertiary accounting students, encouraging them to think creatively and critically and to aspire to become engaged citizens. Students’ experiences with the dialogic approach were generally positive, with noticeable development of soft skills. They also expressed their aspirations as to what the future of accounting education should look like, including the structure, content, and delivery. However, both educators and some students reported a loss of control compared to the previously favoured monologic approach to teaching and learning. Lessons learned from this study highlight the potential of pedagogical interventions to improve teaching and learning outcomes, fostering a cycle of mutual learning that generates actions based on dialogical encounters.

Research on environmental accounting: past studies and future trends

Research on environmental accounting: past studies and future trends

PENGARUH KINERJA LINGKUNGAN TERHADAP NILAI PERUSAHAAN: STUDI KASUS PERUSAHAAN CONSUMER NON-CYCLICALS

This study aims to determine and analyze the effect of environmental performance on company value with environmental accounting disclosure as a moderation variable. This research method uses quantitative methods. The data in this study is secondary data, which is in the form of annual financial reports and sustainability reports of consumer non-cyclicals sector companies listed on the Indonesia Stock Exchange (IDX) for 2018 – 2022. The population in this study amounted to 59 companies and with a total research sample of 80 observation data. The sampling technique used in this study is the purposive sampling method. Data analysis was performed by panel data regression analysis and moderated regression analysis. The results of this study indicate that environmental performance does not have a significant effect on firm value, environmental accounting disclosure can moderate or improve the relationship effect of environmental performance on company value. This study has several limitations, namely that the independent variable only consists of one kind, the sample in the study is only from consumer non-cyclicals sector companies with a research period of 2018 - 2022. So, suggestions for future research can add research variables and use other company sectors.
 
 Keywords: Environmental Performance, Environmental Accounting Disclosures, Firm Value, Stock Price, Stakeholders.

Research on Environmental Accounting Information Disclosure of Yankuang Energy

Promoting green development and promoting harmonious coexistence between humans and nature is an inherent requirement for the comprehensive construction of a socialist modernized country. Coal enterprises are an important component of China's energy industry, and while promoting high-quality economic development, they have also encountered a series of problems such as pollution before treatment and resource waste. In recent years, among the many binding regulations issued by the government, the requirement for enterprises to disclose environmental accounting related information has been given top priority. Based on this form, this article takes Yankuang Energy as the research object, mainly analyzing it from two aspects of disclosure methods and content, and proposing relevant suggestions for improving information disclosure, in order to promote sustainable development of enterprises.

THE RELATIONSHIP ANALYSIS BETWEEN ENVIRONMENTAL PERFORMANCE AND ECONOMIC VALUE OF THE COMPANY

The importance of environmental sustainability is becoming greater due to its contribution to greater value for customers and convergence of the circular economy and Industry 4.0, which can improve the efficiency of limited resource use. Based on the information from environmental accounting, managers can more effectively assess the economic impacts that corporate environmental performance generates on the company's operations. Environmental performance can be improved by developing new products and production processes in order to minimize the potential negative environmental impact. Many companies have introduced the practice of corporate self-regulation, which includes environmental management systems and reporting on the company's non-financial performance. The obtained results of the conducted empirical research could help managers make optimal decisions at the right time, and perform effective monitoring and rank of environmental and economic business indicators during the time.

Modifying physical supply and use tables (PSUTs) in the system of environmental-economic accounting (SEEA) for off-farm irrigation water management

A reliable water accounting framework is crucial for understanding the contribution of water resources in meeting agricultural demands and selecting appropriate operating systems for off-farm water systems, including hydraulic conveyance and distribution structures. This ensures fair, adequate, and dependable irrigation water distribution, especially under water scarcity operational scenarios. This study presents a novel and effective method for modifying PSU tables in the SEEA water accounting framework that is specifically designed for small-scale agricultural water management study areas. The proposed approach entails a comprehensive analysis of the surface water distribution within the water holders using a hydraulic simulation model and a spatial analysis of the groundwater extraction for meeting on-farm water demands. This approach was implemented on Iran's Central Plateau and revealed notable variations in water rights and distribution effectiveness among stakeholders so that, surface water contributed 27–40% less than the legal water rights, leading to aquifer overexploitation. The evaluation indicated that changing crop patterns and upgrading to pressurized irrigation systems led to 4–7.5% overexploitation of groundwater and 3.5–6% water conservation on farm scales. Besides, the spatial assessment verified a considerable overlap of 59% between the farms with modern irrigation systems and those with cultivated area expansion, resulting in sustained overexploitation pressure on the aquifer. The present study has two significant practical implications. Firstly, it specifies the contribution of surface- and groundwater resources in fulfilling the water demands of individual water-holders. Secondly, it provides reliable information to decision-makers about the incentives for modernization, rehabilitation, and renovation projects in an irrigation district.

Problems of intensification of bank lending to the real sector of the economy in the conditions of martial law

Introduction. Environmental security of Ukrainian society and the world community is the prerogative of the civilized world. The consequences of the terrorist military actions of the Russian Federation in Ukraine intensify the issue of environmental security. The costs of an environmental nature for the liquidation of the consequences of terrorist military actions are taking on a global scale and go beyond the borders of the state of Ukraine. These costs should be reflected in the accounting information system at all levels of management from micro to macro and meso levels.Purpose. The purpose of the article is to consider the environmental consequences caused by the military actions of the Russian Federation on the territory of Ukraine and to investigate theoretical approaches to the definition of environmental accounting, its place and role in the information accounting system, taking into account the global costs of environmental restoration.Methods. In accordance with the outlined goal, general scientific research methods were used in the research process: analysis and synthesis, induction and deduction (to form the theoretical foundations of the definition of environmental accounting); empirical - such as description and observation (to extract information about the risks and extent of damage to the environment caused by the terrorist military actions of the Russian Federation); graphic (for visualization of research results); theoretical - analysis, generalization, explanation; abstraction, logical methods (for the development of directions for improving the display of information about the global costs of environmental restoration in the accounting system). Results. The risks of damaged soils in war zones, the previous extent of damage to the agro-industrial complex are indicated; forest areas; energy system, etc. An assessment of the direct costs of agriculture and land resources was carried out. The approaches of scientists regarding the definition of environmental accounting are summarized, the features that are the basis of its essence (the process of displaying environmental costs and obligations, the accounting subsystem, the information collection system, the segmental area of accounting, the information function, the environmental accounting system) are highlighted. An assessment of Ukraine’s environmental sustainability in general with an EPI indicator of 49.6 and an assessment of environmental protection in 2022 is given. The location and relationship of environmental accounting in the information accounting system has been established.Prospects for further research are the need to compensate for the environmental consequences caused by the military actions of the Russian Federation on the territory of Ukraine and to solve the problem of displaying the global costs of environmental restoration and the sources of their coverage in the accounting system, taking into account the norms of international law.

GGDP Index Establishment Based on ARIMA-LSTM Prediction Model

More and more studies have shown that GGDP may be more representative of the national economic health level and this paper establishes a GGDP calculation system based on the Environmental Economic Accounting System Central Framework. Then, with GGDP as the clustering index, the countries are divided into five categories. The Entropy TOPSIS model is established to quantify the impact of global climate. Then, based on the Ridge regression model, the functional relationship between GGDP and climate assessment values under different clusters is studied. Finally, two steps are taken to analyze the potential advantages and disadvantages of GGDP. In the case of using GDP, a prediction model based on ARIMA-LSTM is established to analyze global climate and economic development trends. In the case of using GGDP, to quantify the change of GGDP, international factor α and domestic factor β are introduced to characterize the impact of global efforts and domestic efforts on GGDP.