Environmental Management Accounting: Informational and Institutional Developments

Environmental Management Accounting (EMA) is increasingly recognised as a distinguished tool of environmental management. It helps to integrate a company's environmental and business interests, whereby enhancing corporate eco-efficiency in terms of reducing environmental costs or making one's product more competitive.

This book gives a comprehensive coverage of the state of the art. It presents a number of EMA frameworks that companies can take as a basis for implementing their own specific EMA structures. Besides discussing environmental accounting issues within conventional management accounting, it gives a detailed picture of materials flow (cost) accounting as an alternative way of looking at the ecology-economy relationships at the corporate level. A fascinating case study shows how a large company (Siemens) applies materials flow accounting and what benefits it entails.

The Development of Environmental Management Accounting: General Introduction and Critical Review.- Overviews.- An Integrative Framework of Environmental Management Accounting — Consolidating the Different Approaches of EMA into a Common Framework and Terminology.- Environmental Management Accounting Metrics: Procedures and Principles.- A Guideline for the Measurement and Reporting of Environmental Costs.- Flow Cost Accounting, an Accounting Approach Based on the Actual Flows of Materials.- Resource-Efficiency Accounting.- Information Systems.- Efficient Eco-Management Using ECO-Integral — How to Save Costs and Natural Resources at the Same Time.- Materials Flow Management Based on Production Data from ERP Systems.- ‘Counting what Counts’ — Raising Transparency through Environmental Management Accounting at Siemens.- The Danish Environmental Management Accounting Project: An Environmental Management Accounting Framework and Possible Integration into Corporate Information Systems.- Life Cycle Engineering.- Ema Policies.- Corporate Environmental Accounting: A Japanese Perspective.- Environmental Accounting in Korea: Cases and Policy Recommendations.- Government Strategies to Promote Corporate Environmental Management Accounting.- Looking for Knowledge Management in Environmental Accounting.- The Greening of Accounting: Putting the Environment onto the Agenda of the Accountancy Profession in the Philippines.- Different Ema Perspectives.- Environmental Performance Measurement.- Towards Sustainability Indicators for Product Chains.- Towards Transparent Information on the Environmental Quality of Products — LCA-based Data Production for the Finnish Foodstuff Industry.- Prospective Analysis for Implementing an Environmental Management System in Pig Farms: LikelyRole of an Environmental Management Accounting System.- Environmental Management Accounting and the Opportunity Cost of Neglecting Environmental Protection.- Wanted: A Theory for Environmental Management Accounting.