ISO 9001:2015

INTERNATIONAL JOURNAL OF GLOBAL RESEARCH INNOVATIONS & TECHNOLOGY (IJGRIT) [ Vol. 4 | No. 2 | April - June, 2026 ]

Sustainable Development and Green Accounting: A Pathway to Environmental Responsibility

Dr. Remya S

Sustainable development has emerged as a global priority in response to increasing environmental degradation, resource depletion, and climate change. Traditional accounting systems primarily focus on financial performance and often fail to account for environmental costs associated with economic activities. Green accounting, also known as environmental accounting, addresses this limitation by incorporating environmental costs and benefits into the accounting framework. It provides a comprehensive assessment of an organization's impact on the environment and facilitates informed decision-making for sustainable resource management. This study explores the relationship between green accounting and sustainable development, emphasizing the role of environmental cost measurement, reporting, and disclosure in achieving long-term economic, social, and environmental objectives. Green accounting enables organizations and policymakers to evaluate the true cost of production, promote resource efficiency, reduce environmental risks, and enhance corporate accountability. By integrating environmental considerations into financial reporting, it supports the principles of sustainable development and contributes to the attainment of the Sustainable Development Goals (SDGs). The paper highlights the awareness level and benefits of green accounting in both public and private sectors. It concludes that the adoption of green accounting practices can serve as an effective tool for balancing economic growth with environmental conservation, thereby ensuring sustainable development for present and future generations.

Remya, S. (2026). Sustainable Development and Green Accounting: A Pathway to Environmental Responsibility. International Journal of Global Research Innovations & Technology, 04(01), 31–41. https://doi.org/10.62823/IJGRIT/04.02.8964
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DOI:

Article DOI: 10.62823/IJGRIT/04.02.8964

DOI URL: https://doi.org/10.62823/IJGRIT/04.02.8964


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