Green Accounting and Management for Sustainable Manufacturing in Developing Countries

This article is located within a broad body of literature concerned with environmental accounting and critical ofthe current role of accounting. The main purpose of this paper is to analyze the available literature based on theEnvironmental accounting (green accounting) and sustainability and to understand how it has been studied andevaluated by different authors who are working in this area. Current literature focuses on environmentalsustainability and lacks quantitative ways to make capital budgeting decisions. The study suggests that thereshould be wide empirical studies in this area so that, through the environmental accounting system we cananalyze the environmental performance of each companies or organizations. A possible conceptual model forenvironmental accounting and reporting by Michael John Jones is also suggested in this article. The studyconcludes that Environment Management Accounting can likely support decision making in companies towardsbetter environmental performance today, through structured cost assessment that support effective decisionmaking, and future proofed product mixes, strategies and investment.