Environmental Accounting And Environmental Performance: A Study On Perfume And Cosmetics Companies

Abstract

Environmental issues have become significant in recent years, prompting substantial efforts to address these concerns as they negatively impact sustainable development. Industrial institutions, often identified as the primary contributors to environmental degradation, are now compelled to focus on environmental issues and work towards reducing their harmful effects. This study aims to explore the impact of environsmental accounting implementation in institutions on improving their environmental performance.

Methodology: The study was performed ona sample of perfume and cosmetic companies in El -Ouedregion. A questionnaire was employed to gather necessary data from the relevant individuals which comprisedtwo main sectionsdesigned to cover various aspects of environmental accounting, including disclosure mechanisms and environmental performance evaluation. The first addressed the institution’s environmental interest, while the second focused on ascertaining how aware these institutionswere of Environmental Accounting.To meet the study’s objectives, the data were processed and analyzedusing the appropriate statistical packages to determine whether the institutions practice environmental accounting and their impact on environmental performance.

Results: The results showed that perfume and cosmetic companies in El-Oued adopted environmental accounting and this led them to achieve a better level of environmental performance as well as increase their sustainability and efficiency in dealing with environmental issues.

Conclusion: The study confirmed thatenvironmental accounting in perfume and cosmetic companies has a significant role in improving their environmental performance.

The studyrecommends the development of the environmental disclosure standardsregarding sustainable development, and providing new insights and tools for environmental preservation.