Article section

Article title
Contributor
Abstract
About article
DOI
Citation style
Copyright
Open access
References
Research Article

Enhancing Business Sustainability Through Environmental Management Accounting (EMA): Insights and Strategic Applications

Authors

Abstract

This paper examines Environmental Management Accounting (EMA) as a strategic tool for promoting sustainable development in businesses. EMA integrates environmental costs into financial decision-making, helping organizations improve both economic performance and environmental responsibility. Using a qualitative approach based on literature analysis, the study explores key EMA components and the factors influencing its adoption, with a focus on developing economies like Vietnam. The findings highlight the importance of leadership commitment, organizational resources, regulatory frameworks, and market pressure in driving EMA implementation. The paper also offers practical recommendations to overcome adoption barriers and enhance sustainability practices in businesses.

Keywords:

Environmental Management Accounting Innovation in Enterprises Sustainable Development

Article information

Journal

Journal of Economics, Business, and Commerce

Volume (Issue)

2(1), (2025)

Pages

118-124

Published

27-04-2025

How to Cite

Nguyen, V. T. L., & Huynh, T. X. T. (2025). Enhancing Business Sustainability Through Environmental Management Accounting (EMA): Insights and Strategic Applications. Journal of Economics, Business, and Commerce, 2(1), 118-124. https://doi.org/10.69739/jebc.v2i1.471

References

Almasyhari, A. K., Rachmadani, W. S., & Sari, Y. P. (2025). Strategic decision-making: Linking corporate choices, social responsibility, and environmental accounting in waste management. Social Sciences & Humanities Open, 11, 101404. https://doi.org/10.1016/j.ssaho.2025.101404

Asiri, N., Khan, T., & Kend, M. (2020). Environmental management accounting in the Middle East and North Africa region: Significance of resource slack and coercive isomorphism. Journal of cleaner production, 267, 121870. https://doi.org/10.1016/j.jclepro.2020.121870

Baumann, S., Lehner, O. M., & Losbichler, H. (2015). A push-and-pull factor model for environmental management accounting: a contingency perspective. Journal of Sustainable Finance & Investment, 5(3), 155-177. https://doi.org/10.1080/20430795.2015.1100036

Burritt, R. L., Herzig, C., Schaltegger, S., & Viere, T. (2019). Diffusion of environmental management accounting for cleaner production: Evidence from some case studies. Journal of Cleaner Production, 224, 479-491. https://doi.org/10.1016/j.jclepro.2019.03.227

Christ, K. L., & Burritt, R. L. (2013). Environmental management accounting: the significance of contingent variables for adoption. Journal of cleaner production, 41, 163-173. https://doi.org/10.1016/j.jclepro.2012.10.007

Contrafatto, M., & Burns, J. (2013). Social and environmental accounting, organisational change and management accounting: A processual view. Management Accounting Research, 24(4), 349-365. https://doi.org/10.1016/j.mar.2013.10.004

Deegan, C. (2017). Twenty five years of social and environmental accounting research within Critical Perspectives of Accounting: Hits, misses and ways forward. Critical perspectives on accounting, 43, 65-87. https://doi.org/10.1016/j.cpa.2016.06.005

Gunarathne, N., & Lee, K. H. (2021). Corporate cleaner production strategy development and environmental management accounting: A contingency theory perspective. Journal of Cleaner Production, 308, 127402. https://doi.org/10.1016/j.jclepro.2021.127402

Hanif, S., Ahmed, A., & Younas, N. (2023). Examining the impact of environmental management accounting practices and green transformational leadership on corporate environmental performance: the mediating role of green process innovation. Journal of Cleaner Production, 414, 137584. https://doi.org/10.1016/j.jclepro.2023.137584

Jalaludin, D., Sulaiman, M., & Nazli Nik Ahmad, N. (2011). Understanding environmental management accounting (EMA) adoption: a new institutional sociology perspective. Social Responsibility Journal, 7(4), 540-557. https://doi.org/10.1108/17471111111175128

Lutfi, A., Al-Hiyari, A., Elshaer, I. A., Alrawad, M., & Almaiah, M. A. (2024). Green environmental management system and environmental performance: results from PLS-SEM and fsQCA. Sustainable Futures, 8, 100276. https://doi.org/10.1016/j.sftr.2024.100276

Mokhtar, N., Jusoh, R., & Zulkifli, N. (2016). Corporate characteristics and environmental management accounting (EMA) implementation: evidence from Malaysian public listed companies (PLCs). Journal of Cleaner Production, 136, 111-122. https://doi.org/10.1016/j.jclepro.2016.01.085

Nguyen, T. H. (2022). Factors affecting the implementation of environmental management accounting: A case study of pulp and paper manufacturing enterprises in Vietnam. Cogent Business & Management, 9(1), 2141089. https://doi.org/10.1080/23311975.2022.2141089

Rahman, M. M., Saha, S., & Hoque, M. (2024). Unveiling the link between environmental management accounting, energy efficiency, and accountability in state-owned enterprises: An integrated analysis using PLS-SEM and fsQCA. Environmental challenges, 14, 100832. https://doi.org/10.1016/j.envc.2023.100832

Qian, W., Hörisch, J., & Schaltegger, S. (2018). Environmental management accounting and its effects on carbon management and disclosure quality. Journal of cleaner production, 174, 1608-1619. https://doi.org/10.1016/j.jclepro.2017.11.092

Vasile, E., & Man, M. (2012). Current dimension of environmental management accounting. Procedia-Social and Behavioral Sciences, 62, 566-570. https://doi.org/10.1016/j.sbspro.2012.09.094

Downloads

Views

50

Downloads

29