Green accounting is an emerging trend that incorporates the environmental assets and resources into the corporate accounts. It measures social, environmental and economic impact of business.
Natural resource depletion and environmental issues are getting an unprecedented response from the businesses and industries. Accounting doesn’t include the services and goods provided by natural resources like air, water etc. Green accounting is a method for measuring the economic value of these natural resources along with measuring the market value of goods and services.
The infographic below demonstrates the organizations’ commitment to people, planet, and profitability through Green accounting.
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