Authors :
Nagwa Abubaker
Volume/Issue :
Volume 9 - 2024, Issue 10 - October
Google Scholar :
https://tinyurl.com/yz3kyxep
Scribd :
https://tinyurl.com/3e5au7k8
DOI :
https://doi.org/10.38124/ijisrt/IJISRT24OCT032
Note : A published paper may take 4-5 working days from the publication date to appear in PlumX Metrics, Semantic Scholar, and ResearchGate.
Abstract :
This research explores the critical role of
environmental accounting in mitigating environmental
pollution risks and improving disclosure practices.
Environmental pollution has become a significant global
concern, amplified by industrial activities and
mismanagement of natural resources. As stakeholders
increasingly demand corporate responsibility,
environmental accounting has emerged as a pivotal tool
for organizations to quantify their environmental impacts,
integrate eco-ethics into their financial systems, and
enhance transparency in environmental risk disclosures.
This study examines how environmental accounting
frameworks can aid in reducing corporate pollution by
identifying the cost of pollution-related activities and
aligning them with financial decision-making processes.
Additionally, the research investigates the regulatory
frameworks that promote environmental transparency
and the challenges that companies face in implementing
these practices. Case studies on corporate environmental
accounting demonstrate both the potential and limitations
of current practices. The research concludes with
recommendations on the strategic integration of
environmental accounting to foster sustainability and risk
mitigation. These findings underscore the importance of
consistent environmental disclosure in enhancing
corporate accountability and in reducing environmental
risks.
Keywords :
Environmental Accounting, Pollution Risk Mitigation, Corporate Transparency, Sustainability Reporting, Regulatory Frameworks, Environmental Disclosure.
References :
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- Palepu, K. G., Healy, P. M., Wright, S., Bradbury, M., & Coulton, J. (2020). Business analysis and valuation: Using financial statements. google.com
- Dhar, B. K., Sarkar, S. M., & Ayittey, F. K. (2022). Impact of social responsibility disclosure between implementation of green accounting and sustainable development: A study on heavily polluting companies in Bangladesh. Corporate Social Responsibility and Environmental Management, 29(1), 71-78. researchgate.net
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- La Notte, A. & Rhodes, C. (2020). The theoretical frameworks behind integrated environmental, ecosystem, and economic accounting systems and their classifications. Environmental Impact Assessment Review. sciencedirect.com
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- Liu, Z. & Liu, M. (2021). Quality evaluation of enterprise environmental accounting information disclosure based on projection pursuit model. Journal of cleaner production. karlancer.com
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- Bakos, J., Siu, M., Orengo, A., & Kasiri, N. (2020). An analysis of environmental sustainability in small & medium‐sized enterprises: Patterns and trends. Business Strategy and the Environment, 29(3), 1285-1296. [HTML]
- Brooks, C. & Schopohl, L. (). Green accounting and finance: Advancing research on environmental disclosure, value impacts and management control systems. British Accounting Review. [HTML]
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- Yang, Y., Jia, Y., Ling, S., & Yao, C. (2021). Urban natural resource accounting based on the system of environmental economic accounting in Northwest China: A case study of Xi'an. Ecosystem Services. [HTML]
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This research explores the critical role of
environmental accounting in mitigating environmental
pollution risks and improving disclosure practices.
Environmental pollution has become a significant global
concern, amplified by industrial activities and
mismanagement of natural resources. As stakeholders
increasingly demand corporate responsibility,
environmental accounting has emerged as a pivotal tool
for organizations to quantify their environmental impacts,
integrate eco-ethics into their financial systems, and
enhance transparency in environmental risk disclosures.
This study examines how environmental accounting
frameworks can aid in reducing corporate pollution by
identifying the cost of pollution-related activities and
aligning them with financial decision-making processes.
Additionally, the research investigates the regulatory
frameworks that promote environmental transparency
and the challenges that companies face in implementing
these practices. Case studies on corporate environmental
accounting demonstrate both the potential and limitations
of current practices. The research concludes with
recommendations on the strategic integration of
environmental accounting to foster sustainability and risk
mitigation. These findings underscore the importance of
consistent environmental disclosure in enhancing
corporate accountability and in reducing environmental
risks.
Keywords :
Environmental Accounting, Pollution Risk Mitigation, Corporate Transparency, Sustainability Reporting, Regulatory Frameworks, Environmental Disclosure.