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Can the implementation of green accounting principles improve the efficiency and effectiveness of supply chain management? 

Supply chain
Performance indicator
Benchmark (surveying)
Orchestration
Structuring
Best insight from top research papers

The implementation of green accounting principles, as part of green supply chain management (GSCM), can indeed enhance the efficiency and effectiveness of supply chain management . GSCM practices, such as incorporating environmental performance measurement and evaluation (EPME) practices, have been shown to positively impact performance in the manufacturing industry. By structuring GSCM practices as system components and emphasizing the importance of feedback loops and EPME, companies can achieve benefits in terms of environmental impact and operational efficiency within their supply chains. Additionally, the application of GSCM can help assess and improve supply chain performance conditions that may harm the environment, ultimately leading to a cleaner production chain and enhanced overall performance .

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Papers (5)Insight
Open access•Journal Article•DOI
Environmental Management Accounting Implementation Challenges and Supply Chain Management in Emerging Economies’ Manufacturing Sector
Silas Mukwarami, Chekani Nkwaira, Huibrecht Margaretha van der Poll 
06 Jan 2023-Sustainability
2 Citations
Implementing green accounting principles, such as Environmental Management Accounting (EMA), can enhance supply chain management efficiency by guiding manufacturing companies towards achieving a cleaner production chain.
Open access•Journal Article•DOI
Benchmark Approach for Efficiency Improvement in Green Supply Chain Management with DEA Models
Farzad Zaare Tajabadi, Sahand Daneshvar 
01 Mar 2023-Sustainability
1 Citations
Implementing green accounting principles can enhance efficiency in supply chain management by evaluating environmental factors like emissions, service level, and size, as shown in the DEA model analysis.
Journal Article•DOI
The orchestration of green supply chain management practices to enable performance measurement and evaluation
Jairo José Assumpção, Lucila Maria de Souza Campos, Diego Vazquez-Brust 
19 Jun 2023-Production Planning & Control
The implementation of green supply chain management practices, including environmental performance measurement and evaluation, can enhance supply chain efficiency and effectiveness by monitoring and improving environmental impacts.
Open access•Journal Article•DOI
Application of objective matrix to improve performance green supply chain management
Riska Septifani, Ardaneswari Dyah Pitaloka Citraresmi, Galuh Melisa Emaradina 
31 Dec 2022-Advances in Food Science, Sustainable Agriculture, and Agroindustrial Engineering
Implementation of green supply chain management (GSCM) principles, as assessed in the study, can enhance supply chain efficiency by prioritizing improvements in responsiveness and on-time delivery of raw materials.
Open access•Proceedings Article•DOI
Systematic Literature Review: Implementation of Green Supply Chain Management in Manufacture Industry
Sambudi Hamali, Christian d. Michael 
10 May 2023-Proceedings of the International Conference on Industrial Engineering and Operations Management
Green Supply Chain Management positively impacts performance in the manufacturing industry. Implementing green accounting principles can enhance efficiency and effectiveness in supply chain management.

Related Questions

Can the use of blockchain technology improve the transparency and accountability of environmental supply chain management in accounting?5 answersThe use of blockchain technology can indeed enhance the transparency and accountability of environmental supply chain management in accounting. By leveraging blockchain, companies can improve corporate governance, environmental impact, and social responsibility through increased transparency, traceability, and accountability. Additionally, blockchain technology can assist in tracking greenhouse gas emissions across complex and multi-institution supply chains, ensuring transparent recording and reporting of environmental data. Furthermore, blockchain technology can be utilized to maintain asset transfers and prevent fraud, enhancing the quality of data in accounting information systems. Overall, the adoption of blockchain technology presents a promising solution to enhance environmental supply chain performance and sustainability while improving transparency and accountability in accounting practices.
How can environmental accounting be used to effectively manage environmental resources?5 answersEnvironmental accounting can be used as a tool to effectively manage environmental resources. It provides relevant information for decision-making processes and helps companies fulfill their social and environmental responsibilities. Environmental management accounting, a subset of environmental accounting, allows companies to analyze, assess, control, and manage their environmental performance. By adopting environmental management accounting practices, companies can minimize environmental problems and improve their sustainability and eco-efficiency. Environmental management accounting offers a toolkit of specific tools for analysis, such as material flow cost analysis, to support managers in addressing environmental challenges. Additionally, green accounting, a component of environmental accounting, helps companies reduce pollution and demonstrate corporate responsibility towards the environment. Overall, environmental accounting provides companies with the necessary information and tools to effectively manage their environmental resources and contribute to sustainable development.
How Green supply chain management practices effects firm’s environmental performance?4 answersGreen supply chain management (GSCM) practices have a significant positive impact on firm performance, including environmental performance. Several studies have found a positive relationship between GSCM practices and firm performance in general, as well as market-based, managerial, and accounting-based performance. The adoption of green practices, such as green methods and green innovation, significantly affects the sustainability performance of businesses. GSCM, along with green human capital (GHC) and green innovation (GIN), can substantially enhance firm performance in developing countries. Green supply chain management practices, including green manufacturing, green purchasing, eco-design, and green information systems, have a significant and positive impact on the sustainable performance of organizations in industries such as textiles, automobiles, and tobacco. Therefore, it can be concluded that implementing green supply chain management practices positively affects a firm's environmental performance.
What is Green Supply Chain Management ?2 answersGreen Supply Chain Management (GSCM) refers to the integration of environmental considerations into supply chain management practices. It involves implementing practices that minimize the environmental impact of the entire supply chain, from sourcing raw materials to delivering the final product to customers. GSCM practices can include green training, green purchasing, and the design and management of environmentally-friendly supply chains. These practices aim to improve the environmental quality of products, meet customer demands for sustainable products, and enhance overall organizational performance. GSCM practices can also drive innovation within firms, particularly when there is interaction with external actors and mutual influence between firms and these actors. The field of GSCM is an area of interest for researchers, with ongoing debates and the need for further research to address emerging environmental issues in supply chain management.
How does green supply chain management affect the financial performance of a company?5 answersGreen supply chain management (GSCM) has a significant impact on the financial performance of a company. The implementation of GSCM practices, such as eco-centric consumption and education, can positively influence financial performance. Additionally, the integration of GSCM into the supply chain process can help minimize the impact of environmental pollution, leading to cost savings and improved financial performance. The commitment to GSCM vision and the organization's overall environmental performance are also predictors of financial performance. Furthermore, the study found that GSCM, along with enterprise sustainability performance, can be influenced by government subsidies. Overall, adopting GSCM practices can enhance the financial performance of a company by reducing costs, improving efficiency, and aligning with sustainable development goals.
How does green supply chain management affect environmental performance?4 answersGreen supply chain management (GSCM) practices have a positive impact on environmental performance (ENP) in various industries. Studies have shown that internal and external measures of GSCM contribute to the reduction of environmental costs, which directly improves the performance of the green supply chain. GSCM processes, when integrated with Enterprise Resource Planning (ERP), further enhance sustainability performance. The implementation of GSCM can help assess and improve the environmental conditions of a supply chain, leading to better performance. GSCM techniques, such as green manufacturing, green purchasing, and eco-design, have been found to have a beneficial impact on ENP. However, the impact of cooperation with customers on ENP is insignificant. Overall, GSCM practices play a crucial role in improving environmental performance in various industries.

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