Sustainability Accounting: A Comparative Study of Corporate Environmental Disclosures

Authors

  • Dr. Ashish Gupta

    Assistant Professor, Business Management, Maharishi University of Information Technology, Uttar Pradesh, India 2Associate Professor, ISME, ATLAS SkillTech University, Mumbai, India

  • Dr. Sadaf Hashmi

    2Associate Professor, ISME, ATLAS SkillTech University, Mumbai, India

  • Rita Prusty

    Assistant Professor, Department of Management, Siksha 'O' Anusandhan (Deemed to be University), Bhubaneswar, Odisha, India

  • Dr. Gananath Khilla

    Assistant Professor, Master of Business Administration, Sathyabama Institute of Science and Technology, Chennai, Tamil Nadu, India

  • Dr.C.Y. Allamprabhu

    Associate Professor, Department of Aerospace Engineering, Faculty of Engineering and Technology, JAIN (Deemed-to-be Univsity), Ramanagara District, Karnataka, India

  • Lakshay Bareja

    Centre of Research Impact and Outcome, Chitkara University, Rajpura, Punjab, India

  • Nitish Vashisht

    Chitkara Centre for Research and Development, Chitkara University, Himachal Pradesh, India

How to Cite

Gupta, D. A. ., Hashmi , D. S. ., Prusty , R. ., Khilla , D. G. ., Allamprabhu , D. ., Bareja , L. ., & Vashisht , N. . (2025). Sustainability Accounting: A Comparative Study of Corporate Environmental Disclosures. International Journal of Accounting and Economics Studies, 12(SI-1), 5-8. https://doi.org/10.14419/t8gtjw91

Received date: May 15, 2025

Accepted date: May 31, 2025

Published date: August 28, 2025

DOI:

https://doi.org/10.14419/t8gtjw91

Keywords:

Sustainability Accounting; Corporate Environmental Disclosure; Accounting, Emerging; Financial Data

Abstract

Accounting for environmental concerns has been increasingly emerging as a key part of corporate accounting and reporting culture. Environmental information disclosure has been required in many nations. Companies worldwide have also been reporting on the topic voluntarily. Some Indian businesses have tried to show their concern for the environment in their annual reports or through other channels, such as environmental statements or the Internet, in response to growing legal and social demands. However, these disclosures are subjective, non-systematic, and primarily descriptive and positive because there is no formal law, accounting standard, or guideline on the subject topic. Studies on Indian enterprises' environmental reporting have shown that the country's environmental reporting is typically subpar and of low quality to meet the information needs of different report user groups. Sustainability accounting has been popular of late. Several organizations have begun to implement new methods in their annual reports by providing disclosures regarding their primary activities and the impact of the activities on the community. This trend overlaps with the growing pressure from stakeholders on firms to allocate their resources to attain their objectives to realize sustainable development. Sustainability accounting recognizes the significance of financial data and attempts to do so on social and environmental issues. Firms have begun to apply mechanisms and reporting strategies like assurance statements, CSR reports, environmental reports, and even sustainability reports to encapsulate details needed as part of sustainable development initiatives, as no standard or legally accepted reporting scheme exists. The reporting of an organization's environmental performance is the main topic of environmental reporting, which focuses on corporate sector environmental reporting compliance. Emissions of carbon and other greenhouse gases are considered, among other reporting requirements. Since environmental reporting is not required in India, many businesses fail to report information related to this sector. There are significant variations in the caliber and volume of environmental data provided by organizations from different sectors and nations.

References

  1. Barroso-Méndez, M. J., Pajuelo-Moreno, M.-L., & Gallardo-Vázquez, D. (2024). A meta-analytic review of the sustainability disclosure and reputa-tion relationship: Aggregating findings in the field of social and environmental accounting. Sustainability Accounting, Management and Policy Journal, 15(5), 1210–1254.
  2. Chang, G., Agyemang, A. O., Saeed, U. F., & Adam, I. (2024). Assessing the impact of financing decisions and ownership structure on green ac-counting disclosure: Evidence from developing economies. Heliyon, 10(5), e26672.
  3. Abdullah, D. (2025). Designing for her: Human-centered UX strategies in female-oriented HealthTech applications. Journal of Women, Innovation, and Technological Empowerment, 1(1), 7–11.
  4. Hoggett, J., Medlin, J., Chalmers, K., Beattie, C., Hellmann, A., &Maxfield, J. (2024). Financial accounting. John Wiley & Sons.
  5. Hu, X., &Sinniah, S. (2024). The role of green risk management approaches in promoting green and sustainable supply chain management. Natural and Engineering Sciences, 9(2), 33–54. https://doi.org/10.28978/nesciences.1569144
  6. Velliangiri, A. (2025). Bio-inspired vortex control mechanisms for drag reduction in high-speed submerged bodies: A CFD and experimental study. Advances in Mechanical Engineering and Applications, 1(1), 11–22.
  7. Jasim, A. H. H., Ögren, N., Minovski, D., &Andersson, K. (2020). Packet probing study to assess sustainability in available bandwidth measure-ments: Case of high-speed cellular networks. Journal of Wireless Mobile Networks, Ubiquitous Computing, and Dependable Applications, 11(2), 106–125.
  8. Latif, A. Z., &Agrab, A. S. (2022). Study of Global Financial Crises and their Effects on Accounting Systems. International Academic Journal of Social Sciences, 9(2), 21–26. https://doi.org/10.9756/IAJSS/V9I2/IAJSS0910
  9. Sathish Kumar, T. M. (2025). Comparative analysis of Hatha Yoga and aerobic exercise on cardiovascular health in middle-aged adults. Journal of Yoga, Sports, and Health Sciences, 1(1), 9–16.
  10. Li, N., & Huang, F. (2024). Evaluating the financial returns on investment in sustainable enterprise digitalization initiatives using AI information system. Journal of Internet Services and Information Security, 14(4), 21–44. https://doi.org/10.58346/JISIS.2024.I4.002
  11. Liu, X., Cai, S., Wang, Y., & Sun, Y. (2024). A comparative study of environmental information disclosure between banks in net-zero banking alli-ance and China. Technological Forecasting and Social Change, 202, 123324.https://doi.org/10.1016/j.techfore.2024.123324
  12. Abdullah, D. (2024). Integrating biophilic design in smart urban infrastructure for environmental and public health outcomes. Journal of Smart In-frastructure and Environmental Sustainability, 1(1), 14–22.
  13. Maheshwari, S. N., Maheshwari, S. K., &Maheshwari, S. K. (2024). Management accounting and financial control. Sultan Chand & Sons.
  14. Mahran, K., &Elamer, A. A. (2024). Chief executive officer (CEO) and corporate environmental sustainability: A systematic literature review and avenues for future research. Business Strategy and the Environment, 33(3), 1977–2003.
  15. Minanari, M., Astuti, R. P., &Arini, L. S. (2024). Training on processing inventory transactions for accounting teachers at the Tangerang City Fi-nancial and Institutional Accounting Teacher Association (MGMP). International Journal of Social Science and Community Service, 2(2), 46–50.
  16. Nicolò, G., Zanellato, G., Esposito, B., &Tiron‐Tudor, A. (2024). Cultural dimensions and sustainability disclosure in the banking sector: Insights from a qualitative comparative analysis approach. Business Strategy and the Environment, 33(8), 8086–8101.
  17. Patel, P., & Dusi, P. (2025). Activation patterns in the prefrontal cortex during moral judgments: Evidence from EEG analysis. Advances in Cogni-tive and Neural Studies, 1(1), 11–19.
  18. Putri, S. Y., Widajantie, T. D., &Wilasittha, A. A. (2024). A comparative analysis before and after pandemic on environmental accounting public hospital. International Journal of Financial, Accounting, and Management, 6(1), 1–17.
  19. Rahman, H. U., Zahid, M., Jan, A., Al‐Faryan, M. A. S., &Hussainey, K. (2024). Is it the mere female directors or their attributes that matter for the quality of corporate sustainability disclosures? Business Strategy and the Environment, 33(2), 661–678.
  20. Sathish, S., Kumar, S. R., Varun, A., &Vivekanandan, N. (2016). A literature survey on tribological behaviours of metals at high temperature. In-ternational Journal of Advances in Engineering and Emerging Technology, 7(1), 175–179.
  21. Usikalua, M. R., & Unciano, N. (2025). Mathematical modeling of epidemic dynamics: Integrating public health and data science. Bridge: Journal of Multidisciplinary Explorations, 1(1), 11–22.
  22. Sharma, N., &Nayak, P. (2018). An empirical study of work-life balance: perception of gender. International Academic Journal of Organizational Behavior and Human Resource Management, 5(1), 122–132. https://doi.org/10.9756/IAJOBHRM/V5I1/1810009
  23. Khan, Z. (2024). Design of smart wearable for cardiopulmonary monitoring with adaptive feedback loop. Electronics, Communications, and Com-puting Summit, 2(4), 21–31.
  24. SundaraBalaMurugan, P., Ganesan, A., Paranthaman, P., &Aruna, V. (2024). Feasibility design and analysis of process-aware accounting infor-mation system for business management. Indian Journal of Information Sources and Services, 14(2), 56–62. https://doi.org/10.51983/ijiss-2024.14.2.09

Downloads

How to Cite

Gupta, D. A. ., Hashmi , D. S. ., Prusty , R. ., Khilla , D. G. ., Allamprabhu , D. ., Bareja , L. ., & Vashisht , N. . (2025). Sustainability Accounting: A Comparative Study of Corporate Environmental Disclosures. International Journal of Accounting and Economics Studies, 12(SI-1), 5-8. https://doi.org/10.14419/t8gtjw91

Received date: May 15, 2025

Accepted date: May 31, 2025

Published date: August 28, 2025