Enhancing Business Sustainability Through Environmental Management Accounting (EMA): Insights and Strategic Applications

This paper examines Environmental Management Accounting (EMA) as a strategic tool for promoting sustainable development in businesses. EMA integrates environmental costs into financial decision-making, helping organizations improve both economic performance and environmental responsibility. Using a qualitative approach based on literature analysis, the study explores key EMA components and the factors influencing its adoption, with a focus on developing economies like Vietnam. The findings highlight the importance of leadership commitment, organizational resources, regulatory frameworks, and market pressure in driving EMA implementation. The paper also offers practical recommendations to overcome adoption barriers and enhance sustainability practices in businesses.