Green Accounting: A Fundamental Pillar of Corporate Sustainability Reporting

IF 3 Q2 BUSINESS, FINANCE

Journal of Public Budgeting, Accounting and Financial Management Pub Date : 2023-10-07 DOI:10.56201/jafm.v9.no8.2023.pg59.72

Ahmed Abubakar Zik-Rullahi, Ibikunle Jide

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引用次数: 0

Abstract

In the evolving landscape of corporate sustainability, green accounting emerges as a pivotal framework that underpins effective and comprehensive sustainability reporting. This study encapsulates an exploration into the significance, challenges, and benefits of green accounting as a fundamental pillar of corporate sustainability reporting. The Objective of the study was to delved into the essence of green accounting within the context of corporate sustainability reporting, unravelling its role in quantifying and communicating the environmental impact of business operations. The study adopted exploratory research design, by employed a secondary data approach, specifically employing content analysis, to address the paucity of empirical research on the application of environmental accounting and reporting. The findings revealed the moderate integration of green accounting and sustainability reporting was observed across diverse industries. Reporting frameworks such as GRI and TCFD were commonly adopted, indicating a push for standardized reporting. Diverse Key Performance Indicators (KPIs) were utilized, reflecting the multifaceted nature of sustainability. Stakeholder engagement emerged as a critical factor in ensuring accurate and relevant reporting. Recommendations there should be more emphasis on data integrity, a robust stakeholder engagement, customization of frameworks, valuation solutions to develop reliable methods for valuing environmental assets and liabilities, technological adoption, advocacy for regulation, collaborative approach: foster collaboration among industries, academia, NGOs, and Governments to share best practices and accelerate progress. Future research Investor Decision-making, investigate how the quality and comprehensiveness of sustainability reporting influence investor decisions and perceptions. Impact Assessment. Examine the tangible impact of sustainability reporting on driving eco-friendly business practices and red

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绿色会计:企业可持续发展报告的基本支柱

在不断发展的企业可持续发展环境中，绿色会计成为支撑有效和全面的可持续发展报告的关键框架。本研究对绿色会计作为企业可持续发展报告的基本支柱的重要性、挑战和效益进行了探讨。本研究的目的是在企业可持续发展报告的背景下深入探讨绿色会计的本质，揭示其在量化和传达业务运营的环境影响方面的作用。本研究采用探索性研究设计，采用二次数据法，具体运用内容分析，以解决环境会计与报告应用实证研究的不足。研究结果显示，在不同的行业中，绿色会计和可持续发展报告的适度整合被观察到。诸如GRI和TCFD之类的报告框架被普遍采用，这表明对标准化报告的推动。采用了不同的关键绩效指标(kpi)，反映了可持续性的多面性。利益相关者的参与成为确保准确和相关报告的关键因素。建议应更加强调数据完整性、利益相关者的积极参与、框架的定制、制定可靠的环境资产和负债评估方法的估值解决方案、技术采用、倡导监管、协作方法:促进行业、学术界、非政府组织和政府之间的合作，以分享最佳做法并加快进展。未来研究投资者决策，探讨可持续发展报告的质量和全面性如何影响投资者的决策和看法。影响评估。考察可持续发展报告对推动环保商业实践和环保的切实影响

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来源期刊

Journal of Public Budgeting, Accounting and Financial Management Social Sciences-Public Administration

CiteScore

7.80

自引率

19.40%

发文量

期刊介绍： Published four times a year, the Journal of Public Budgeting, Accounting & Financial Management (JPBAFM) is an international refereed journal which aims at advancement and dissemination of research in the field of public budgeting, accounting, auditing, financial and performance management. The journal is committed to be an outlet for rigorous conceptual and empirical works aimed at challenging and innovating the field of accounting, management and governance in entities operating in the public sphere or public-private sphere (territorial government entities, universities, schools, hospitals as well as state-owned enterprises, hybrid organizations, public and private partnerships, non-profit organizations, NGOs, etc.).