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Sustainable Business, Economic, and Environmental Practices: An Introduction to Environmental Accounting

Sustainable Business, Economic, and Environmental Practices: An Introduction to Environmental Accounting

Vyomkesh Bhatt, Ram Singh, Rohit Bansal
Copyright: © 2023 |Pages: 16
ISBN13: 9781668475683|ISBN10: 1668475685|ISBN13 Softcover: 9781668475690|EISBN13: 9781668475706
DOI: 10.4018/978-1-6684-7568-3.ch006
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MLA

Bhatt, Vyomkesh, et al. "Sustainable Business, Economic, and Environmental Practices: An Introduction to Environmental Accounting." Data-Driven Approaches for Effective Managerial Decision Making, edited by Anubha and Himanshu Sharma, IGI Global, 2023, pp. 127-142. https://doi.org/10.4018/978-1-6684-7568-3.ch006

APA

Bhatt, V., Singh, R., & Bansal, R. (2023). Sustainable Business, Economic, and Environmental Practices: An Introduction to Environmental Accounting. In Anubha & H. Sharma (Eds.), Data-Driven Approaches for Effective Managerial Decision Making (pp. 127-142). IGI Global. https://doi.org/10.4018/978-1-6684-7568-3.ch006

Chicago

Bhatt, Vyomkesh, Ram Singh, and Rohit Bansal. "Sustainable Business, Economic, and Environmental Practices: An Introduction to Environmental Accounting." In Data-Driven Approaches for Effective Managerial Decision Making, edited by Anubha and Himanshu Sharma, 127-142. Hershey, PA: IGI Global, 2023. https://doi.org/10.4018/978-1-6684-7568-3.ch006

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Abstract

Industrialization, urbanisation, and globalisation, all of which are essential to the contemporary industrialised economy, have come at a high cost in terms of environmental degradation. Over the years, the influence on the environment due to the adoption of these practices has been understood and accepted by many. However, it is also very apparent that these practices are necessary in order to raise the living standards of citizens in any nation whether developed or developing or underdeveloped. Due to increased public knowledge of environmental hazards, customers are now more openly supporting environmentally beneficial actions in the present era. The notion of environmental accounting is one of the most crucial aspects to consider in order to assure that businesses, governments, and society as a whole are taking proactive actions to protect the environment and incorporate it into their business models. This article delves into the notion of environmental accounting, its core approach, concepts, and present situation in India.

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