Unveiling Hidden Environmental Costs: Impact of ISO 14000 on Organizations
The study looked at how organizations can better understand and manage their environmental costs using a tool called environmental management accounting. This tool helps track costs related to environmental protection, emissions treatment, and wastewater treatment. Traditional accounting methods often fail to accurately account for these costs, leading to challenges in allocating them properly. The researchers found that many organizations lack awareness of the importance of environmental management accounting, which can ultimately improve their environmental performance.