A Systematic Evaluation on Factors Influencing Green Accounting Practices of Selected Indian Companies A Way to Sustainable Development

Abstract

The evaluation of green accounting practices among selected Indian companies reveals a mixed landscape. While some companies have made commendable strides in integrating environmental considerations into their financial reporting and decision-making processes, others lag behind. In our analysis, we found that several companies exhibit a commitment to transparency by disclosing environmental liabilities and actively measuring and reporting their greenhouse gas emissions. These industry leaders also invest significantly in renewable energy sources and sustainable technologies, showcasing their dedication to reducing their carbon footprint. However, there is a notable variance in the extent to which environmental performance is integrated into financial reports, with some companies demonstrating room for improvement in this regard. To foster a more sustainable future, it is imperative for all selected Indian companies to embrace green accounting practices fully, thereby contributing to environmental conservation while ensuring long-term financial stability.