Implementation of Green Accounting: Literature Review

Abstract

This research aims to look at the implementation of Green Accounting based on the results of a research review. This research is the result of a Literature Review or literature review to collect data or find sources related to green accounting obtained from various sources such as journals, books, the internet, and other sources. For article searches, the keywords used in data collection are "Green Accounting". Search for published articles on Sinta, EBSCO, and Scopus databases, using selected keywords. Articles or journals that match the criteria are taken for further analysis. Based on the results of the literature review, the implementation of green accounting has a significant impact on the company's performance and value as well as various challenges in the implementation process. Green accounting practices have been proven to contribute to improving company performance in the long term. Through reduced operational costs, efficient use of resources, and better environmental risk management, companies can achieve greater financial returns. The research results also show that transparency resulting from sustainability disclosures can improve reputation and expand market share, especially among consumers and investors who are increasingly paying attention to social and environmental factors. On the innovation side, the implementation of green accounting encourages companies to develop new technological solutions and more holistic environmental impact measurement methods. Companies need to address green accounting challenges by improving their internal capabilities in sustainability measurement and reporting, as well as identifying solutions that can reduce short-term implementation costs while optimizing the long-term benefits of sustainability practices.