Accounting for environmental costs boosts efficiency and cuts production expenses
The article discusses how companies can use environmental costs to improve their management and efficiency. It looks at different ways to account for these costs, such as one-time solutions or integrated systems. One-time solutions can be used independently of regular accounting but may be less recognized. Integrated systems are part of regular accounting and can provide valuable information on costs, revenues, and environmental measures. Overall, accounting for environmental costs can help companies identify ways to reduce the cost of their products while also promoting environmental protection.