Daryl Ditz, Janet Ranganathan, and R. Darryl Banks Under constant pressure to cut costs and improve quality, business executives and managers may be tempted to let environmental concerns slide off their priority list. But this inside look at corporate environmental accounting shows how greater attention to environmental costs can actually improve the bottom line and promote business sustainability over the long term. Green Ledgers' premise is that conventional accounting practices obscure environmental costs and force managers to make crucial business decisions--what products to manufacture, what technologies to employ, and what materials to use--with incomplete or inaccurate information. Working with teams of academic researchers and corporate staff, the authors studied nine companies--including Amoco Oil, Ciba-Geigy, Dow Chemical, DuPont, and S.C. Johnson--using environmental cost information in new ways to increase profitability and reduce environmental risk. Readers will learn how to identify and quantify environmental costs, how to determine where they come from within the organization, and how to manage them more efficiently. A unique guide outlines practical steps for integrating effective environmental accounting practices into virtually any business system. 1995 / 190 pages |
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