Environmental costing and sustainable accounting: A comprehensive review: Delving into methods of accounting for environmental impacts in financial statements

World Journal of Advanced Research and Reviews, Journal Year: 2024, Volume and Issue: 21(2), P. 235 - 251

Published: Feb. 8, 2024

This study provides a comprehensive review of the integration environmental costs into financial reporting within framework sustainable accounting. The main objectives were to explore historical evolution, current practices, challenges, and future trends in accounting, assess its impact on businesses, economy, stakeholders. Employing systematic literature content analysis methodology, analyzed peer-reviewed journal articles, industry reports, policy documents from 2013 2023. Key findings reveal significant evolution transitioning marginalized practice mainstream component reporting. Current practices are characterized by innovative approaches technological advancements, reflecting shift towards holistic business operations. identified challenges such as complexity integrating costs, need for standardized frameworks, requirement skilled expertise. Opportunities include enhanced corporate transparency, improved stakeholder engagement, alignment with global sustainability goals. concludes strategic recommendations leaders policymakers, emphasizing adoption accounting approach development standards. Future research directions exploring across different industries, role emerging technologies, long-term effects performance sustainability. contributes understanding costing highlighting growing importance world.

Language: Английский

Exploring the role of the Internet of Things in green buildings

Energy Science & Engineering, Journal Year: 2024, Volume and Issue: 12(9), P. 3779 - 3822

Published: July 31, 2024

Abstract The global energy crisis has been one of the significant challenges for decades, threatening economy, and health our environment. government's efforts to enhance welfare lifestyle citizens have partially undermined by a rise in intensity, resulting increased consumption. Over years, researchers utilized historical consumption data efficiency through various technologies. Innovative smart technologies drive efficiency, reducing usage throughout all areas industry, from production supply This creates balance sectors indicates decrease demand building infrastructure. Green buildings that utilize Internet Things (IoT) technology employ sensors software collect data, optimizing, enhancing performance. includes electricity consumption, improving air quality, optimizing lighting day. These can contribute reaching zero‐energy targets. It becomes challenging manage green without using centralized control. Therefore, managing integrating these with intelligent is vital achieving environmentally friendly management. study offers broad overview concept explores use IoT services conserving within buildings. article aims deliver an extensive review their advantages, analyze behind its integration solar panels lower ultimately identify present this area research.

Language: Английский