This document discusses environmental accounting and reporting. It begins with an introduction stating that balancing environmental protection and economic development is important for developing countries. It then provides an overview of the development of social accounting and corporate social responsibility, with an emphasis on environmental accounting, reporting, and existing reporting scenarios. The key points made are:
- Environmental accounting refers to accounting that includes environmental goods and services. It aims to measure the environmental impacts and costs of economic activities.
- The objectives of environmental accounting include better management of environmental costs, more accurate product/process costs, and identifying opportunities to minimize environmental costs.
- Benefits include reducing compliance and operating costs, aiding strategic decision making, and gaining competitive advantages through improved environmental
This document is a project report submitted by a student named Ojas Nitin Narsale for their M.Com degree. The report covers environmental auditing and accounting. It includes a declaration by the student, acknowledgements, an index of topics to be covered, and an introduction providing an overview of environmental accounting. The report will examine the purpose and practice of environmental auditing, trends in the field, techniques used, and the benefits of auditing. It will also discuss environmental auditing in India and how to become an environmental auditor.
The commitment of the jordanian industrial companies in applying environmenta...Alexander Decker
This document provides an overview of environmental accounting and its importance. It discusses how accounting practices are expanding to include environmental costs and impacts. The document also examines the general framework of environmental accounting and relevant legislation. It analyzes Jordanian industrial companies' commitment to environmental accounting principles and how their financial departments address environmental aspects. The study found that Jordanian industrial companies generally commit to environmental accounting and keep pace with developments in the field. Their environmental accounting functions also keep up with global changes in the area.
Green accounting aims to incorporate both economic and environmental information into accounting. It identifies, measures, and allocates environmental costs into business decisions and communicates this information to stakeholders. The scope of green accounting is extensive, including direct corporate environmental investments and indirect external losses from business operations like pollution and resource depletion. The objectives of green accounting are to assess environmental costs and benefits, track changes in environmental assets and protection expenditures. It helps businesses reduce environmental costs and make more informed decisions.
International Journal of Business and Management Invention (IJBMI) is an international journal intended for professionals and researchers in all fields of Business and Management. IJBMI publishes research articles and reviews within the whole field Business and Management, new teaching methods, assessment, validation and the impact of new technologies and it will continue to provide information on the latest trends and developments in this ever-expanding subject. The publications of papers are selected through double peer reviewed to ensure originality, relevance, and readability. The articles published in our journal can be accessed online.
Environmental Sustainability Accounting and the Performance of Oil and Gas Co...ijtsrd
This research paper seeks to establish Environmental sustainability Accounting and the performance of Oil and Gas Companies in Rivers State, Nigeria. To achieve the objective of the study, hypotheses were formulated, and a review of related literature was made. The hypotheses were tested using multiple regression analysis with the aid of E View, using a 5 level of significance. Based on the findings of this study, we conclude that the disclosure of human resources disclosure and environmental sustainability disclosure significantly affect the financial performance of oil and gas companies in Rivers State. It was recommended among others that the government should put in place suitable legislation for all companies to make adequate disclosure of their activities to the Environment, and firms should formulate and implement environmentally friendly policies. Isaac Laime Odogu | Timinipre Joseph Okpobo "Environmental Sustainability Accounting and the Performance of Oil & Gas Companies in Rivers State, Nigeria" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-6 | Issue-5 , August 2022, URL: https://www.ijtsrd.com/papers/ijtsrd50644.pdf Paper URL: https://www.ijtsrd.com/management/accounting-and-finance/50644/environmental-sustainability-accounting-and-the-performance-of-oil-and-gas-companies-in-rivers-state-nigeria/isaac-laime-odogu
Environmental accounts also known as green account provide data which highlight both the contribution of natural resources to economic well-being and the costs imposed by pollution or resource degradation.
1. Green accounting is a new system that records the costs and benefits of an ecosystem for businesses. It aims to account for the environment and its well-being.
2. The document discusses the history, types, benefits and limitations of green accounting. It provides insights on green accounting practices in India, which is still in a preliminary stage.
3. Implementing green accounting can help identify resource use, costs to the environment, and make more sustainable decisions, though challenges with valuation and long-term impacts remain.
International Journal of Business and Management Invention (IJBMI)inventionjournals
International Journal of Business and Management Invention (IJBMI) is an international journal intended for professionals and researchers in all fields of Business and Management. IJBMI publishes research articles and reviews within the whole field Business and Management, new teaching methods, assessment, validation and the impact of new technologies and it will continue to provide information on the latest trends and developments in this ever-expanding subject. The publications of papers are selected through double peer reviewed to ensure originality, relevance, and readability. The articles published in our journal can be accessed online.
This document is a project report submitted by a student named Ojas Nitin Narsale for their M.Com degree. The report covers environmental auditing and accounting. It includes a declaration by the student, acknowledgements, an index of topics to be covered, and an introduction providing an overview of environmental accounting. The report will examine the purpose and practice of environmental auditing, trends in the field, techniques used, and the benefits of auditing. It will also discuss environmental auditing in India and how to become an environmental auditor.
The commitment of the jordanian industrial companies in applying environmenta...Alexander Decker
This document provides an overview of environmental accounting and its importance. It discusses how accounting practices are expanding to include environmental costs and impacts. The document also examines the general framework of environmental accounting and relevant legislation. It analyzes Jordanian industrial companies' commitment to environmental accounting principles and how their financial departments address environmental aspects. The study found that Jordanian industrial companies generally commit to environmental accounting and keep pace with developments in the field. Their environmental accounting functions also keep up with global changes in the area.
Green accounting aims to incorporate both economic and environmental information into accounting. It identifies, measures, and allocates environmental costs into business decisions and communicates this information to stakeholders. The scope of green accounting is extensive, including direct corporate environmental investments and indirect external losses from business operations like pollution and resource depletion. The objectives of green accounting are to assess environmental costs and benefits, track changes in environmental assets and protection expenditures. It helps businesses reduce environmental costs and make more informed decisions.
International Journal of Business and Management Invention (IJBMI) is an international journal intended for professionals and researchers in all fields of Business and Management. IJBMI publishes research articles and reviews within the whole field Business and Management, new teaching methods, assessment, validation and the impact of new technologies and it will continue to provide information on the latest trends and developments in this ever-expanding subject. The publications of papers are selected through double peer reviewed to ensure originality, relevance, and readability. The articles published in our journal can be accessed online.
Environmental Sustainability Accounting and the Performance of Oil and Gas Co...ijtsrd
This research paper seeks to establish Environmental sustainability Accounting and the performance of Oil and Gas Companies in Rivers State, Nigeria. To achieve the objective of the study, hypotheses were formulated, and a review of related literature was made. The hypotheses were tested using multiple regression analysis with the aid of E View, using a 5 level of significance. Based on the findings of this study, we conclude that the disclosure of human resources disclosure and environmental sustainability disclosure significantly affect the financial performance of oil and gas companies in Rivers State. It was recommended among others that the government should put in place suitable legislation for all companies to make adequate disclosure of their activities to the Environment, and firms should formulate and implement environmentally friendly policies. Isaac Laime Odogu | Timinipre Joseph Okpobo "Environmental Sustainability Accounting and the Performance of Oil & Gas Companies in Rivers State, Nigeria" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-6 | Issue-5 , August 2022, URL: https://www.ijtsrd.com/papers/ijtsrd50644.pdf Paper URL: https://www.ijtsrd.com/management/accounting-and-finance/50644/environmental-sustainability-accounting-and-the-performance-of-oil-and-gas-companies-in-rivers-state-nigeria/isaac-laime-odogu
Environmental accounts also known as green account provide data which highlight both the contribution of natural resources to economic well-being and the costs imposed by pollution or resource degradation.
1. Green accounting is a new system that records the costs and benefits of an ecosystem for businesses. It aims to account for the environment and its well-being.
2. The document discusses the history, types, benefits and limitations of green accounting. It provides insights on green accounting practices in India, which is still in a preliminary stage.
3. Implementing green accounting can help identify resource use, costs to the environment, and make more sustainable decisions, though challenges with valuation and long-term impacts remain.
International Journal of Business and Management Invention (IJBMI)inventionjournals
International Journal of Business and Management Invention (IJBMI) is an international journal intended for professionals and researchers in all fields of Business and Management. IJBMI publishes research articles and reviews within the whole field Business and Management, new teaching methods, assessment, validation and the impact of new technologies and it will continue to provide information on the latest trends and developments in this ever-expanding subject. The publications of papers are selected through double peer reviewed to ensure originality, relevance, and readability. The articles published in our journal can be accessed online.
International Journal of Business and Management Invention (IJBMI)inventionjournals
This document summarizes a research study that examined the relationships between environmental accounting implementation, environmental performance, environmental disclosure, and company value. The study used a sample of 59 companies in Indonesia. The main findings were:
1) Environmental accounting implementation was found to positively affect company value and environmental disclosure.
2) Environmental disclosure was found to positively affect company value.
3) Environmental performance was found to positively affect company value and environmental disclosure.
4) However, the study did not find environmental accounting implementation or environmental performance to positively affect company value through environmental disclosure. Environmental disclosure did not mediate these relationships.
International Journal of Business and Management Invention (IJBMI)inventionjournals
This document summarizes a study that examined the effect of environmental accounting implementation and environmental performance and disclosure on company value. The study used a sample of 59 companies and analyzed the relationships between environmental accounting, performance, disclosure, and value. The results found that environmental accounting implementation positively impacts company value and disclosure, and disclosure positively impacts value. However, the study did not find environmental accounting or performance to impact value through disclosure.
Environmental Management Reporting and Corporate Performance Evidence from Na...ijtsrd
This document examines the relationship between environmental management reporting and corporate performance among natural resource, agriculture, and oil and gas firms in Nigeria. It reviews definitions and frameworks of environmental management reporting/accounting. The study uses regression analysis of annual reports from 2012-2018 to analyze the impact of environmental disclosure scores on firm size, profitability, and return on assets. The results found a positive relationship between disclosure and firm size but no significant impact on profitability or return on assets. The document recommends that firms disclose more environmental information to stakeholders to improve sustainability.
Integrating Environmental Accounting in Agro-Allied and Manufacturing Industr...IJMER
‘ONLY WHEN THE LAST TREE IS CUT, ONLY WHEN THE LAST RIVER IS
POLLUTED, ONLY WHEN THE LAST FISH IS CAUGHT, ONLY THEN WILL THEY REALIZE
THAT YOU CANNOT EAT MONEY’ American proverb
Due to growing awareness and concern on the impact of human activity on the ecosystem, there is an
increasing trend to judge organizations in relation to the community in which it operates. The
impact of the activities on the environment with regard to pollution of water, air, land and abuse of
natural resources are coming under scrutiny of governments, stakeholders and citizens. Education is
considered the key to effective development strategies and TVET institutions then must be the master
key that can alleviate poverty, promote peace, conserve the environment, improve the quality of life
for all and help achieve sustainable development. Unless proper accounting work is done, it cannot
be determined that both have been fulfilling their responsibilities. The aim of the study was to explore
whether distinctive processes of environmental accounting are possible in agro-allied and
manufacturing industries with a view to enhancing sustainability. To accomplish this aim, this
research explores environmental accountability practices in TVET institutions. This paper is in part
of an exploratory research project and it is limited in that it attempts to be illuminative and
theoretically driven. The paper aims to prove that environmental reporting and disclosure will
enable in agro-allied and manufacturing industries undertake a major transformation that includes
approaches that harmonize economic prosperity, environmental conservation and social well-being.
However, while strategies for achieving this goal are not widespread, a range of international
experiences is beginning to suggest ways forward. These initiatives include national TVET policy
reforms, green campus, green curriculum, green community, green research and green culture. The
paper includes suggested templates that can be useful in agro-allied and manufacturing industries
This document discusses green accounting, which is a new branch of accounting that accounts for environmental impacts and factors environmental costs into financial results. It provides a brief introduction to green accounting, discussing key concepts like how conventional accounting ignores environmental degradation. It also covers applications of green accounting to companies, agriculture, manufacturing, and benefits like reduced risks and costs. Challenges of green accounting are noted, such as the difficulty in accurately measuring pollution levels. The document concludes that green accounting is an important and growing field.
Integrating Environmental Accounting in Agro-Allied and Manufacturing Indust...IJMER
ONLY WHEN THE LAST TREE IS CUT, ONLY WHEN THE LAST RIVER IS POLLUTED, ONLY WHEN THE LAST FISH IS CAUGHT, ONLY THEN WILL THEY REALIZE THAT YOU CANNOT EAT MONEY’ American proverb
Due to growing awareness and concern on the impact of human activity on the ecosystem, there is an
increasing trend to judge organizations in relation to the community in which it operates. The impact of the activities on the environment with regard to pollution of water, air, land and abuse of natural resources are coming under scrutiny of governments, stakeholders and citizens. Education is considered the key to effective development strategies and TVET institutions then must be the master
key that can alleviate poverty, promote peace, conserve the environment, improve the quality of life
for all and help achieve sustainable development. Unless proper accounting work is done, it cannot be determined that both have been fulfilling their responsibilities. The aim of the study was to explore whether distinctive processes of environmental accounting are possible in agro-allied and
manufacturing industries with a view to enhancing sustainability. To accomplish this aim, this research explores environmental accountability practices in TVET institutions. This paper is in part of an exploratory research project and it is limited in that it attempts to be illuminative and theoretically driven. The paper aims to prove that environmental reporting and disclosure will
enable in agro-allied and manufacturing industries undertake a major transformation that includes
approaches that harmonize economic prosperity, environmental conservation and social well-being.
However, while strategies for achieving this goal are not widespread, a range of international experiences is beginning to suggest ways forward. These initiatives include national TVET policy reforms, green campus, green curriculum, green community, green research and green culture. The paper includes suggested templates that can be useful in agro-allied and manufacturing industries
The document discusses corporate social responsibility and sustainable development. It provides an overview of key concepts and challenges, including:
1. Responding to climate change through solutions like energy efficiency, renewable energy, and moderating consumption while still allowing for economic growth.
2. Addressing social inequality issues through policies that promote development, infrastructure, education, and access to financial services.
3. The main components of corporate social responsibility, including corporate commitment, governance, and stakeholder engagement to reduce negative impacts and increase positive contributions.
4. Specific CSR issues for banks, including responsible financing, investment, and product policies, as well as contributing to social ties and financial inclusion.
Objectives and Importance of Green Accounting System in Indiaijtsrd
Environmental Changes are a global problem which requires a global solution. It has potential to slow our economic growth. The Green Accounting term was first introduced into common usage by economist and Professor Peter Wood in the 1980s.The green accounting provides information about the use, impact, status, and value of natural resources in a country. The Green accounting system is considered one of the important management systems to enable improvement of economic and environmental performance of a business firm. In this article, I am trying to explain its meaning, objectives and importance of Green Accounting System. Prof. Piyush. M. Modi "Objectives and Importance of Green Accounting System in India" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-3 | Issue-6 , October 2019, URL: https://www.ijtsrd.com/papers/ijtsrd29201.pdf Paper URL: https://www.ijtsrd.com/management/accounting-and-finance/29201/objectives-and-importance-of-green-accounting-system-in-india/prof-piyush-m-modi
Guide to Corporate Ecosystem Valuation: A Framework for Improving Corporate D...Sustainable Brands
This report acts as a guide for Corporate Ecosystem Valuation (CEV). CEV can be defined as a process to make better-informed business decisions by explicitly valuing both ecosystem degradation and the provided by ecosystem services. By including ecosystem values, the company’s aim is to improve corporate performance in relation to social and environmental goals and the financial bottom-line. Valuation can make decision-making around ecosystems more compelling and practical, thereby enhancing sustainable development strategies and outcomes.
11.vol. 0002www.iiste.org call for paper no. 2_p malarvizhi & s yadav_pp211-232Alexander Decker
This document analyzes environmental disclosure practices of Indian companies on the internet. It finds that Indian companies use diverse reporting methods like standalone environmental reports, reporting within annual/financial reports, or sustainability reporting. While environmental reporting is currently voluntary in India, awareness is growing among stakeholders. The study aims to understand current internet reporting trends among Indian companies and how they compare to guidelines and practices in other countries. It reviews prior literature on the increasing use of internet reporting globally and factors influencing the adoption of standards like the Global Reporting Initiative.
Traditional accounting focuses on profits and financial measures, neglecting environmental and social issues. This has limitations for handling environmental concerns. Environmental accounting is still developing and faces challenges integrating with mainstream practices. There are no uniform standards, and environmental reporting is often subjective and used for public relations rather than meaningful disclosure. Accountants remain uninvolved in environmental management despite their relevant skills. Overall, the document discusses tensions between traditional profit-focused accounting versus needs of environmental accounting.
This document provides an overview of environmental accounting. It begins with defining environmental accounting and its objectives, which include quantifying environmental costs and benefits to help decision making. It then describes the different types of environmental accounting like management, financial, and national accounting. Key benefits are outlined as improved decision making, cost savings, and regulatory compliance. Limitations include the difficulty in measuring environmental impacts and developing standardized methods. The document also discusses the legal framework for environmental accounting in India and provides examples of relevant laws.
This document discusses various topics related to sustainability reporting and integrated reporting. It begins with definitions of sustainable development, accounting and disclosure, corporate social responsibility, and corporate sustainability reporting. It then explains integrated reporting and the Integrated Reporting Framework developed by the International Integrated Reporting Council. The document notes debates around sustainability reporting versus integrated reporting and calls for organizations to pursue further knowledge and propose new perspectives to advance reporting and sustainability.
Social accounting is a method for companies to evaluate the social and environmental impact of their operations. It provides tools to collect, analyze, and monitor financial, social, and environmental data from both internal and external stakeholders. The goal is to demonstrate how companies are addressing issues like resource use, employee welfare, effects on the community, and their role as responsible corporate citizens. Social accounting measures can include expanded income statements, balance sheets, and schedules that account for social and environmental costs and benefits in both monetary and non-monetary terms. This allows companies to holistically evaluate and report on their social and economic contributions and impacts.
The document discusses environmental accounting, which involves quantifying a company's environmental impact and incorporating environmental factors into financial reporting and decision-making. It aims to help companies understand the costs and benefits of their environmental performance, identify opportunities for improvement, and develop sustainability strategies. Environmental accounting provides various benefits, such as cost savings, compliance with regulations, risk management, and reputation management. However, it also faces limitations like subjectivity, lack of standardization, and difficulty in measuring intangible benefits. The document then provides examples of environmental accounting practices in India, such as CSR reporting, carbon accounting, and natural resource accounting.
Present status of corporate environmental accounting (cea) in bangladeshAlexander Decker
This document summarizes a study on the present status of corporate environmental accounting (CEA) practices among textile companies in Bangladesh. The study aimed to understand managers' opinions on CEA, pressures to adopt CEA, current CEA conditions, and limitations to establishing CEA. A questionnaire survey found that managers are positive about environmental issues but few companies fully adopt CEA due to various problems. Prior literature showed that Bangladeshi companies provide little environmental cost quantification and disclosure in an ununiform manner.
This document discusses social cost-benefit analysis and corporate social responsibility. It defines social responsibility as businesses behaving ethically and considering social and environmental impacts. Companies have responsibilities to society like savings in foreign exchange, philanthropy, job creation, and environmental protection. Social cost-benefit analysis evaluates projects based on factors like employment potential, output per unit of capital, value added creation, present value of costs and benefits, and cost-benefit ratio. Social accounting aims to measure a company's social welfare activities and their effects on society. It provides relevant non-financial information to the public.
A value added approach by triple bottom line for Sustainable DevelopmentTapasya123
This document discusses the triple bottom line (TBL) approach for measuring corporate sustainability performance across economic, environmental and social dimensions. It begins by defining TBL and its focus on people, planet and profit. It then explains the need for TBL due to issues like environmental degradation, resource depletion and unfair business practices. Key points made include: TBL evaluates impacts on stakeholders rather than just shareholders; it assesses intangible assets not captured by traditional accounting; and it requires companies to report on broader performance measures. The document also provides examples of economic, environmental and social variables used in TBL scorecards and discusses how different industries are applying TBL principles.
This document provides information about the Tecnia Journal of Management Studies, including details about articles in the latest issue. The issue includes 10 articles covering topics such as India's economic policy response to COVID-19, skill development through the Pradhan Mantri Kaushal Vikas Yojana scheme, record keeping practices in Assam, implications of multigenerational diversity in academia, risk management, human resource development in tourism, dimensions of rural development in India, red ocean strategy, business analytics, and data analytics in human resources. The journal is published biannually by the Tecnia Institute of Advanced Studies.
This document discusses the evolution of human resource competencies and roles in India. It outlines how the human resource function has changed over time from a focus on welfare in the early 20th century to an emphasis on human resource management and development starting in the 1980s. The economic reforms of the 1990s placed increased pressure on human resources to help organizations achieve their goals and compete internationally. As a result, HR practitioners in India are now expected to possess new competencies to fulfill evolving role expectations in the changing business environment. However, no prior empirical research has identified the specific new competencies and roles needed for HR professionals to succeed in India. This paper aims to address that gap by exploring the competencies now required of HR managers.
International Journal of Business and Management Invention (IJBMI)inventionjournals
This document summarizes a research study that examined the relationships between environmental accounting implementation, environmental performance, environmental disclosure, and company value. The study used a sample of 59 companies in Indonesia. The main findings were:
1) Environmental accounting implementation was found to positively affect company value and environmental disclosure.
2) Environmental disclosure was found to positively affect company value.
3) Environmental performance was found to positively affect company value and environmental disclosure.
4) However, the study did not find environmental accounting implementation or environmental performance to positively affect company value through environmental disclosure. Environmental disclosure did not mediate these relationships.
International Journal of Business and Management Invention (IJBMI)inventionjournals
This document summarizes a study that examined the effect of environmental accounting implementation and environmental performance and disclosure on company value. The study used a sample of 59 companies and analyzed the relationships between environmental accounting, performance, disclosure, and value. The results found that environmental accounting implementation positively impacts company value and disclosure, and disclosure positively impacts value. However, the study did not find environmental accounting or performance to impact value through disclosure.
Environmental Management Reporting and Corporate Performance Evidence from Na...ijtsrd
This document examines the relationship between environmental management reporting and corporate performance among natural resource, agriculture, and oil and gas firms in Nigeria. It reviews definitions and frameworks of environmental management reporting/accounting. The study uses regression analysis of annual reports from 2012-2018 to analyze the impact of environmental disclosure scores on firm size, profitability, and return on assets. The results found a positive relationship between disclosure and firm size but no significant impact on profitability or return on assets. The document recommends that firms disclose more environmental information to stakeholders to improve sustainability.
Integrating Environmental Accounting in Agro-Allied and Manufacturing Industr...IJMER
‘ONLY WHEN THE LAST TREE IS CUT, ONLY WHEN THE LAST RIVER IS
POLLUTED, ONLY WHEN THE LAST FISH IS CAUGHT, ONLY THEN WILL THEY REALIZE
THAT YOU CANNOT EAT MONEY’ American proverb
Due to growing awareness and concern on the impact of human activity on the ecosystem, there is an
increasing trend to judge organizations in relation to the community in which it operates. The
impact of the activities on the environment with regard to pollution of water, air, land and abuse of
natural resources are coming under scrutiny of governments, stakeholders and citizens. Education is
considered the key to effective development strategies and TVET institutions then must be the master
key that can alleviate poverty, promote peace, conserve the environment, improve the quality of life
for all and help achieve sustainable development. Unless proper accounting work is done, it cannot
be determined that both have been fulfilling their responsibilities. The aim of the study was to explore
whether distinctive processes of environmental accounting are possible in agro-allied and
manufacturing industries with a view to enhancing sustainability. To accomplish this aim, this
research explores environmental accountability practices in TVET institutions. This paper is in part
of an exploratory research project and it is limited in that it attempts to be illuminative and
theoretically driven. The paper aims to prove that environmental reporting and disclosure will
enable in agro-allied and manufacturing industries undertake a major transformation that includes
approaches that harmonize economic prosperity, environmental conservation and social well-being.
However, while strategies for achieving this goal are not widespread, a range of international
experiences is beginning to suggest ways forward. These initiatives include national TVET policy
reforms, green campus, green curriculum, green community, green research and green culture. The
paper includes suggested templates that can be useful in agro-allied and manufacturing industries
This document discusses green accounting, which is a new branch of accounting that accounts for environmental impacts and factors environmental costs into financial results. It provides a brief introduction to green accounting, discussing key concepts like how conventional accounting ignores environmental degradation. It also covers applications of green accounting to companies, agriculture, manufacturing, and benefits like reduced risks and costs. Challenges of green accounting are noted, such as the difficulty in accurately measuring pollution levels. The document concludes that green accounting is an important and growing field.
Integrating Environmental Accounting in Agro-Allied and Manufacturing Indust...IJMER
ONLY WHEN THE LAST TREE IS CUT, ONLY WHEN THE LAST RIVER IS POLLUTED, ONLY WHEN THE LAST FISH IS CAUGHT, ONLY THEN WILL THEY REALIZE THAT YOU CANNOT EAT MONEY’ American proverb
Due to growing awareness and concern on the impact of human activity on the ecosystem, there is an
increasing trend to judge organizations in relation to the community in which it operates. The impact of the activities on the environment with regard to pollution of water, air, land and abuse of natural resources are coming under scrutiny of governments, stakeholders and citizens. Education is considered the key to effective development strategies and TVET institutions then must be the master
key that can alleviate poverty, promote peace, conserve the environment, improve the quality of life
for all and help achieve sustainable development. Unless proper accounting work is done, it cannot be determined that both have been fulfilling their responsibilities. The aim of the study was to explore whether distinctive processes of environmental accounting are possible in agro-allied and
manufacturing industries with a view to enhancing sustainability. To accomplish this aim, this research explores environmental accountability practices in TVET institutions. This paper is in part of an exploratory research project and it is limited in that it attempts to be illuminative and theoretically driven. The paper aims to prove that environmental reporting and disclosure will
enable in agro-allied and manufacturing industries undertake a major transformation that includes
approaches that harmonize economic prosperity, environmental conservation and social well-being.
However, while strategies for achieving this goal are not widespread, a range of international experiences is beginning to suggest ways forward. These initiatives include national TVET policy reforms, green campus, green curriculum, green community, green research and green culture. The paper includes suggested templates that can be useful in agro-allied and manufacturing industries
The document discusses corporate social responsibility and sustainable development. It provides an overview of key concepts and challenges, including:
1. Responding to climate change through solutions like energy efficiency, renewable energy, and moderating consumption while still allowing for economic growth.
2. Addressing social inequality issues through policies that promote development, infrastructure, education, and access to financial services.
3. The main components of corporate social responsibility, including corporate commitment, governance, and stakeholder engagement to reduce negative impacts and increase positive contributions.
4. Specific CSR issues for banks, including responsible financing, investment, and product policies, as well as contributing to social ties and financial inclusion.
Objectives and Importance of Green Accounting System in Indiaijtsrd
Environmental Changes are a global problem which requires a global solution. It has potential to slow our economic growth. The Green Accounting term was first introduced into common usage by economist and Professor Peter Wood in the 1980s.The green accounting provides information about the use, impact, status, and value of natural resources in a country. The Green accounting system is considered one of the important management systems to enable improvement of economic and environmental performance of a business firm. In this article, I am trying to explain its meaning, objectives and importance of Green Accounting System. Prof. Piyush. M. Modi "Objectives and Importance of Green Accounting System in India" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-3 | Issue-6 , October 2019, URL: https://www.ijtsrd.com/papers/ijtsrd29201.pdf Paper URL: https://www.ijtsrd.com/management/accounting-and-finance/29201/objectives-and-importance-of-green-accounting-system-in-india/prof-piyush-m-modi
Guide to Corporate Ecosystem Valuation: A Framework for Improving Corporate D...Sustainable Brands
This report acts as a guide for Corporate Ecosystem Valuation (CEV). CEV can be defined as a process to make better-informed business decisions by explicitly valuing both ecosystem degradation and the provided by ecosystem services. By including ecosystem values, the company’s aim is to improve corporate performance in relation to social and environmental goals and the financial bottom-line. Valuation can make decision-making around ecosystems more compelling and practical, thereby enhancing sustainable development strategies and outcomes.
11.vol. 0002www.iiste.org call for paper no. 2_p malarvizhi & s yadav_pp211-232Alexander Decker
This document analyzes environmental disclosure practices of Indian companies on the internet. It finds that Indian companies use diverse reporting methods like standalone environmental reports, reporting within annual/financial reports, or sustainability reporting. While environmental reporting is currently voluntary in India, awareness is growing among stakeholders. The study aims to understand current internet reporting trends among Indian companies and how they compare to guidelines and practices in other countries. It reviews prior literature on the increasing use of internet reporting globally and factors influencing the adoption of standards like the Global Reporting Initiative.
Traditional accounting focuses on profits and financial measures, neglecting environmental and social issues. This has limitations for handling environmental concerns. Environmental accounting is still developing and faces challenges integrating with mainstream practices. There are no uniform standards, and environmental reporting is often subjective and used for public relations rather than meaningful disclosure. Accountants remain uninvolved in environmental management despite their relevant skills. Overall, the document discusses tensions between traditional profit-focused accounting versus needs of environmental accounting.
This document provides an overview of environmental accounting. It begins with defining environmental accounting and its objectives, which include quantifying environmental costs and benefits to help decision making. It then describes the different types of environmental accounting like management, financial, and national accounting. Key benefits are outlined as improved decision making, cost savings, and regulatory compliance. Limitations include the difficulty in measuring environmental impacts and developing standardized methods. The document also discusses the legal framework for environmental accounting in India and provides examples of relevant laws.
This document discusses various topics related to sustainability reporting and integrated reporting. It begins with definitions of sustainable development, accounting and disclosure, corporate social responsibility, and corporate sustainability reporting. It then explains integrated reporting and the Integrated Reporting Framework developed by the International Integrated Reporting Council. The document notes debates around sustainability reporting versus integrated reporting and calls for organizations to pursue further knowledge and propose new perspectives to advance reporting and sustainability.
Social accounting is a method for companies to evaluate the social and environmental impact of their operations. It provides tools to collect, analyze, and monitor financial, social, and environmental data from both internal and external stakeholders. The goal is to demonstrate how companies are addressing issues like resource use, employee welfare, effects on the community, and their role as responsible corporate citizens. Social accounting measures can include expanded income statements, balance sheets, and schedules that account for social and environmental costs and benefits in both monetary and non-monetary terms. This allows companies to holistically evaluate and report on their social and economic contributions and impacts.
The document discusses environmental accounting, which involves quantifying a company's environmental impact and incorporating environmental factors into financial reporting and decision-making. It aims to help companies understand the costs and benefits of their environmental performance, identify opportunities for improvement, and develop sustainability strategies. Environmental accounting provides various benefits, such as cost savings, compliance with regulations, risk management, and reputation management. However, it also faces limitations like subjectivity, lack of standardization, and difficulty in measuring intangible benefits. The document then provides examples of environmental accounting practices in India, such as CSR reporting, carbon accounting, and natural resource accounting.
Present status of corporate environmental accounting (cea) in bangladeshAlexander Decker
This document summarizes a study on the present status of corporate environmental accounting (CEA) practices among textile companies in Bangladesh. The study aimed to understand managers' opinions on CEA, pressures to adopt CEA, current CEA conditions, and limitations to establishing CEA. A questionnaire survey found that managers are positive about environmental issues but few companies fully adopt CEA due to various problems. Prior literature showed that Bangladeshi companies provide little environmental cost quantification and disclosure in an ununiform manner.
This document discusses social cost-benefit analysis and corporate social responsibility. It defines social responsibility as businesses behaving ethically and considering social and environmental impacts. Companies have responsibilities to society like savings in foreign exchange, philanthropy, job creation, and environmental protection. Social cost-benefit analysis evaluates projects based on factors like employment potential, output per unit of capital, value added creation, present value of costs and benefits, and cost-benefit ratio. Social accounting aims to measure a company's social welfare activities and their effects on society. It provides relevant non-financial information to the public.
A value added approach by triple bottom line for Sustainable DevelopmentTapasya123
This document discusses the triple bottom line (TBL) approach for measuring corporate sustainability performance across economic, environmental and social dimensions. It begins by defining TBL and its focus on people, planet and profit. It then explains the need for TBL due to issues like environmental degradation, resource depletion and unfair business practices. Key points made include: TBL evaluates impacts on stakeholders rather than just shareholders; it assesses intangible assets not captured by traditional accounting; and it requires companies to report on broader performance measures. The document also provides examples of economic, environmental and social variables used in TBL scorecards and discusses how different industries are applying TBL principles.
This document provides information about the Tecnia Journal of Management Studies, including details about articles in the latest issue. The issue includes 10 articles covering topics such as India's economic policy response to COVID-19, skill development through the Pradhan Mantri Kaushal Vikas Yojana scheme, record keeping practices in Assam, implications of multigenerational diversity in academia, risk management, human resource development in tourism, dimensions of rural development in India, red ocean strategy, business analytics, and data analytics in human resources. The journal is published biannually by the Tecnia Institute of Advanced Studies.
This document discusses the evolution of human resource competencies and roles in India. It outlines how the human resource function has changed over time from a focus on welfare in the early 20th century to an emphasis on human resource management and development starting in the 1980s. The economic reforms of the 1990s placed increased pressure on human resources to help organizations achieve their goals and compete internationally. As a result, HR practitioners in India are now expected to possess new competencies to fulfill evolving role expectations in the changing business environment. However, no prior empirical research has identified the specific new competencies and roles needed for HR professionals to succeed in India. This paper aims to address that gap by exploring the competencies now required of HR managers.
This study compared attitudes toward eco-friendly products between urban and rural consumers in India. A survey was conducted of 400 respondents, examining attitudes toward various dimensions of eco-friendly products like raw materials, manufacturing, packaging, use, and disposal. The results showed that while gender did not significantly impact attitudes overall, females had a more favorable attitude than males toward proper disposal of products. Urban residents also had a more favorable attitude than rural residents toward raw materials, packaging, and disposal. In general, the study found that urban people were more conscious of and had a more positive attitude toward the various aspects of eco-friendly products compared to rural people.
1. The document discusses changing values in human resource management (HRM) and an alternative approach of integrated personal development.
2. It notes that globalization, competition, and technological innovation have shifted economies and work to be more knowledge-based, requiring new skills beyond traditional personal development methods.
3. The authors propose that an integrated approach to personal development, addressing areas like neuro-linguistic programming, energy psychology, and humanistic theories, provides a useful alternative for developing the skills needed to manage human resources in a global context.
This document discusses consolidation in the banking industry and the resulting human resource (HR) challenges. It begins by providing context on the increasing consolidation in the banking sector through mergers and acquisitions. This is done to create larger, stronger banks that can better withstand financial shocks. However, consolidation also presents significant HR challenges. It can lead to differing perspectives among merged workforces, issues with cross-cultural integration between banks with different cultures, and challenges with talent assimilation and re-skilling employees from different banks. The document argues HR managers have an important role in communication, orientation, and training to help address these challenges and ensure a smooth consolidation process.
This document discusses establishing industry-driven business education through academia-industry partnerships. It argues that business schools and industry need to work more closely together given changing business needs. Industry can help orient business education by providing input on curriculum, giving guest lectures, participating in executive programs, and offering internships and projects to help students gain practical skills. Stronger collaboration is important to develop talent that benefits both academia and industry.
This document summarizes research on the effect of corporate branding on industrial and organizational purchasing. It contains the following key points:
1. Corporate branding plays an important role in industrial and organizational purchasing by influencing various stakeholders in the purchase process and helping the brand remain top of mind.
2. The purchase process for industrial products is more rational and involves various roles approving specifications, soliciting quotes, technical analysis, and selecting the lowest bidder while the brand subtly influences each stage.
3. For repeat purchases, strong corporate branding builds confidence and ensures the brand is re-purchased by delivering on past performance and meeting specifications. Modifying specifications may also lead to re-purchasing the same brand based on prior experience
The article discusses the challenges faced by middle management who are caught in the crossfires of top management and lower management. Middle management receives directives from top management and passes them to lower management, but this can lead to blame from both sides. Top management may bypass middle management and blame them for failures. As a result, middle managers often experience frustration, low morale, and career dilemmas. The study found a relationship between middle management challenges and negative outcomes for managers and organizational performance. Further research is needed to improve organizational design and reduce conflicts among management levels.
This document discusses several contemporary issues in accounting, including accounting for price level changes, valuation of human resources, accounting for intangible assets, and brand accounting. It notes that there are multiple accepted methods for addressing these issues, which can lead to a lack of comparability between companies. Specifically mentioned are the general purchasing power method versus current cost accounting for price changes, and various cost-based and market-based approaches to valuing intangible assets and brands. The document also briefly defines and discusses the concept of "creative accounting," where companies may manipulate accounting figures and financial reporting to manage earnings and suit their own needs.
This document provides information about Volume 15, Issue 2 of the Academic Studies National Journal of Jyoti Research Academy published in July-December 2022. It includes the editorial board members and details of 8 research papers published in this issue. The research papers cover topics in various disciplines like linking endometriosis and breast cancer, composting of market waste, self-leadership in organizations, preservation of culture in folktales of Tripura, and exposing the traditions of indigenous people of Arunachal Pradesh through poetry. The journal aims to encourage multidisciplinary research and provide a platform for knowledge sharing.
This article discusses the effect of corporate branding on industrial and organizational purchasing. It analyzes how brands influence various stakeholders in the purchasing process, from those who initiate purchases to decision makers, gatekeepers, and end users. The influence of brands is explored for different purchasing situations like new tasks, straight re-buys, and modified re-buys. Strategies are recommended for organizations to strengthen their brand building, including establishing points of entry, personalized integrated marketing, leveraging the brand's lifespan, and developing brand intimacy. The article concludes that brands play an important role in aiding recall and influencing purchasing decisions in business-to-business contexts.
Global HR skills and competencies are becoming increasingly important as globalization continues. The article discusses several key global HR skills that are important for multinational companies, including cross-cultural communication skills, cultural awareness, flexibility, and change management skills. It also outlines important global HR competencies such as openness, contextual thinking, and the ability to adapt quickly. Global leaders need to develop cultural literacy to understand differences and leverage diversity. HR professionals must help organizations and individuals develop skills for a global business environment.
This document summarizes a research article that studied the effect of corporate branding on industrial and organizational purchasing. It finds that brands play an important role in business-to-business purchasing across different situations:
1) In "new task" purchases, brands influence initiators, influencers, decision makers, and users in recommending preferred brands during the specification and bidding process.
2) In "straight re-buy" purchases where customers repeatedly purchase the same item, strong brands that deliver on promises of quality and performance influence customers to keep repurchasing that brand.
3) In "modified re-buy" purchases where specifications change slightly, powerful brands from past positive experiences can persuade customers to purchase that brand for
This document summarizes research on the effect of corporate branding on industrial and organizational purchasing. It contains the following key points:
1) Corporate brands play an important role in business-to-business (B2B) purchasing decisions, influencing factors like recall, comparisons, specifications, and relationships between buyers and sellers.
2) In new purchasing tasks, corporate brands that are top-of-mind are often included in initial specifications. In straight re-buys, past brand performance builds confidence. In modified re-buys, brands must convince buyers that requirements can still be met.
3) Multiple stakeholders are involved in B2B purchasing including initiators, influencers, decision makers, and users.
This document discusses shifting paradigms in strategic customer relationship management (SCRM). SCRM systems must do more than just track customer interactions - they must analyze information, spot trends, and enable sales forces. Next-generation SCRM integrates customer data throughout the entire organization, from sales and marketing to engineering and operations. It provides benefits like improved communication, identifying key accounts, and turning data into actionable insights. SCRM must be designed around collaboration and information sharing across departments to facilitate real-time customer insights. Today's approach to innovation and value creation is driven by customer co-creation and intimacy, requiring SCRM solutions to manage broader customer relationships and interactions.
The document discusses the issue of unemployment among technical students in India. It finds that 60% of technical students lack the skills required by industry. Engineering graduates often take clerical or banking jobs instead of jobs requiring their technical skills due to gaps between their education and industry needs. Reasons for this skills gap and unemployment include a lack of proper training, career guidance, fundamental knowledge, teaching quality, and industrial exposure in their education. The document examines unemployment rates in India by year and argues stronger coordination is needed between technical education and industry to address the unemployment problem.
customer-relationship-management-vs-consumerism-2FDn.pdfTHIMMAIAH BC
The document discusses the relationship between customer relationship management (CRM) and consumerism. It argues that CRM, when practiced fully, can help address issues that lead to consumerism. Specifically, it notes that CRM involves making customers the central focus of all business activities in order to increase customer satisfaction and loyalty. In contrast, consumerism arises when customers exercise their rights due to poor product or service performance. The document concludes that CRM, as a marketing strategy compared to consumerism, can be a more financially viable approach for businesses if executed professionally.
1) The document discusses a study comparing attitudes of males and females as well as urban and rural consumers towards environmentally friendly products in India.
2) The study found no significant difference in attitudes between males and females except for after-use features, where females had a more favorable attitude.
3) Urban consumers had a more favorable attitude overall towards environmentally friendly products compared to rural consumers, particularly regarding raw materials, packaging, and after-use features.
This document discusses the need for pragmatic human resource (HR) initiatives in banks in India following deregulation and liberalization. It notes that early economic reforms focused on financial options rather than HR, but that HR is now crucial for competitiveness given globalization and technological changes. The document examines key HR issues that emerged for banks post-liberalization, like lack of skilled employees and outdated productivity norms. It argues HR initiatives must be aligned with environmental factors, determine skills needed for new challenges, reallocate resources efficiently, cut costs through outsourcing, and develop a marketing culture. A pragmatic HR approach is necessary for banks to adapt and survive increasing competition in the changing market.
This document discusses the potential impacts of WTO regulations on the privatization of higher education in India. It begins with background on the current state of higher education in India and then analyzes how WTO rules could open the sector to foreign universities. A SWOT analysis is presented on the strengths, weaknesses, opportunities, and threats faced by Indian universities from increasing globalization and competition. The analysis finds that while foreign involvement may bring revenue from foreign students and innovation, it also risks making education unaffordable and could undermine the culture and non-profit mission of Indian higher education.
LinkedIn for Your Job Search June 17, 2024Bruce Bennett
This webinar helps you understand and navigate your way through LinkedIn. Topics covered include learning the many elements of your profile, populating your work experience history, and understanding why a profile is more than just a resume. You will be able to identify the different features available on LinkedIn and where to focus your attention. We will teach how to create a job search agent on LinkedIn and explore job applications on LinkedIn.
Khushi Saini, An Intern from The Sparks Foundationkhushisaini0924
This is my first task as an Talent Acquisition(Human resources) Intern in The Sparks Foundation on Recruitment, article and posts.
I invitr everyone to look into my work and provide me a quick feedback.
A Guide to a Winning Interview June 2024Bruce Bennett
This webinar is an in-depth review of the interview process. Preparation is a key element to acing an interview. Learn the best approaches from the initial phone screen to the face-to-face meeting with the hiring manager. You will hear great answers to several standard questions, including the dreaded “Tell Me About Yourself”.
Learnings from Successful Jobs SearchersBruce Bennett
Are you interested to know what actions help in a job search? This webinar is the summary of several individuals who discussed their job search journey for others to follow. You will learn there are common actions that helped them succeed in their quest for gainful employment.
In the intricate tapestry of life, connections serve as the vibrant threads that weave together opportunities, experiences, and growth. Whether in personal or professional spheres, the ability to forge meaningful connections opens doors to a multitude of possibilities, propelling individuals toward success and fulfillment.
Eirini is an HR professional with strong passion for technology and semiconductors industry in particular. She started her career as a software recruiter in 2012, and developed an interest for business development, talent enablement and innovation which later got her setting up the concept of Software Community Management in ASML, and to Developer Relations today. She holds a bachelor degree in Lifelong Learning and an MBA specialised in Strategic Human Resources Management. She is a world citizen, having grown up in Greece, she studied and kickstarted her career in The Netherlands and can currently be found in Santa Clara, CA.