Green accounting and its impact on corporate environmental management: Design of an accounting model to measure carbon footprint and ecological costs
Keywords:
green accounting, carbon footprint, environmental management, ecological costs, corporate sustainabilityAbstract
DOI: https://doi.org/10.46296/rc.v8i16.0351
ABSTRACT
Green accounting emerges as a response to the inability of traditional accounting systems to capture the environmental impact of business operations. This article analyzes the impact of green accounting on corporate environmental management and critically examines existing accounting models for carbon footprint and ecological cost measurement. Through qualitative documentary research that systematically examines recent scientific literature (2020-2025), international standards (IFRS S1/S2, GHG Protocol, ISO 14064), and comparative experiences, environmental management accounting approaches, carbon accounting, and externality valuation are evaluated. Findings reveal that existing models present significant limitations in Scope 3 measurement, heterogeneity in monetary valuation methods, and insufficient integration with management systems. Improvement guidelines are proposed including hybrid measurement approaches, internal carbon price standardization, and articulation with ISO 14001 systems.
Keywords: green accounting, carbon footprint, environmental management, ecological costs, corporate sustainability.
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