Journal of Accounting and Management Information Systems (JAMIS)

Green Accounting: sustainable accounting in non-financial reporting

Supp/2006 ,   p177..187

Cornelia DASCĂLU
Camelia Iuliana LUNGU
Raluca GUŞE

Keywords:   Green Accounting, sustainable accounting, eco-performance, ecological footprint, non-financial reporting

To do a Green Accounting means to accumulate information about evaluating natural costs and risks as well as to develop strategies compatible to a sustainability reason. Keeping track of the compound effect of humanity's consumption of natural resources and generation of waste is one key to achieving sustainability. We consider Green Accounting to be an alternative to the traditional accounting model that had lost its instrumental ability of entailing the informational dimension requested in the process of developing a modus vivendi between human beings and nature.
These ideas are presented into the body of our paper as a result of attempting to understand phenomena through the meanings that people assign to green issues in a business activity, in order to achieve our objective: the need for a new way to present information to both external and internal users. The paper brings into discussion elements of Green Accounting that should accompany the reporting of a business, given the relationship between environment and economic entities. Our research based on a hermeneutical mode of analysis is constantly moving from the whole to the parts and back to the whole in the effort of gathering, analyzing and interpreting the different meanings of green accounting.
We would venture to suggest that the reporting under the instruments of traditional accounting must be reconfigured in a larger context under the subtle influence of environmental attractors. As results, through this paper we propose a set of non-financial reports on entities’ performance.