Environmental Accounting in Enterprises in the Context of Digital Transformation: A Study in Vietnam

Environmental accounting is important in helping stakeholders understand the actual situation of the enterprise when using environmental resources for production and business activities. From there, environmental accounting provides information to help the management make effective decisions to achieve and maintain reasonable business management. In other words, in implementing environmental protection activities, an enterprise or external organizations can accurately identify and measure the investments and costs related to environmental protection activities. By doing so, it is possible to clearly understand the benefits and potential of these investments and costs, the company not only improves its operational efficiency but also makes timely and reasonable decisions on environmental issues. Environmental accounting is a part of accounting in enterprises, related to information on environmental activities within the enterprise to collect, process, analyze and provide environmental information for internal and external entities to use for decision making. Furthermore, environmental accounting aims to achieve sustainable development, maintain good relations with the community, and improve the effectiveness of environmental protection activities.