Staircase To Sustainable Development

Abstract The aim of this article to provide a theoretical framework on the concepts of Sustainable Development and the process that companies need to follow in order to ensure the future sustainability of business operations. Various secondary sources and previous literature was reviewed to clearly identify why companies are finding it difficult to conduct their business operations in a sustainable manner. Stricter legislation and regulations, increased competition, depletion of natural resources and market pressures have placed organisations under increased pressure to improve environmental performance and achieve eco-efficiency. This paper provides comprehensive overview of how companies can achieve the ‘Triple bottom line’ by committing to continuous improvement and adhering to the regulations stipulated according to the International Standards of Organisations (ISO14001).

[1]  M. Abdel-Kader Review of Management Accounting Research , 2011 .

[2]  Wei Qian,et al.  The Development of Environmental Management Accounting: An Institutional View , 2008 .

[3]  Liu Xiaomei Theory and practice of environmental management accounting , 2004 .

[4]  Perry Sadorsky,et al.  Environmental technical and administrative innovations in the Canadian manufacturing industry , 2007 .

[5]  De Palma,et al.  Introducing Environmental Management Accounting at Enterprise Level - Methodology and Case Studies from Central and Eastern Europe , 2003 .

[6]  Leigh Stringer,et al.  The Green Workplace: Sustainable Strategies that Benefit Employees, the Environment, and the Bottom Line , 2009 .

[7]  Nicole Darnall,et al.  Do Environmental Management Systems Improve Business Performance in an International Setting? , 2008 .

[8]  Masood Khan,et al.  Environmental Management Systems and Sustainability: Integrating Sustainability in Environmental Management Systems , 2010 .

[9]  R. Burritt,et al.  Towards a Comprehensive Framework for Environmental Management Accounting - Links Between Business Actors and Environmental Management Accounting Tools , 2002 .

[10]  Petra Christmann Effects of “Best Practices” of Environmental Management on Cost Advantage: The Role of Complementary Assets , 2000 .

[11]  N. Ahmad,et al.  Understanding environmental management accounting (EMA) adoption: a new institutional sociology perspective , 2011 .

[12]  Per Jonäll Environmental Management Accounting (EMA), Management Accounting including Environmental Management - a literature review , 2008 .

[13]  Stefan Schaltegger,et al.  Environmental Management Accounting , 2011 .

[14]  G. Scavone,et al.  Challenges in internal environmental management reporting in Argentina , 2006 .

[15]  Jaroslava Hyršlová,et al.  Material Flow Cost Accounting (MFCA) – Tool for the Optimization of Corporate Production Processes , 2011 .

[16]  R. Burritt,et al.  Environmental management accounting in local government: A case of waste management , 2011 .

[17]  Ambe Cm Environmental management accounting in South Africa : status, challenges and implementation framework , 2016 .

[18]  R. Burritt,et al.  Recognising Commitment to Sustainability through the Business Model , 2012 .

[19]  Alan C. Brent,et al.  Environmental management systems in the automotive supply chain in South Africa : a pilot study , 2012 .

[20]  Bernard Sinclair-Desgagné,et al.  Corporate strategies for managing environmental risk , 2004 .

[21]  Esther Albelda The role of management accounting practices as facilitators of the environmental management , 2011 .

[22]  B. Sinclair-Desgagné Corporate Strategies For Managing Environmental Risk (The International Library Of Environmental Economics And Policy Volume xx) , 2004 .

[23]  Stefan Schaltegger,et al.  Is environmental management accounting a discipline? A bibliometric literature review , 2013 .

[24]  Stanley Fore,et al.  Cleaner production for environmental conscious manufacturing in the foundry industry , 2010 .

[25]  Renato J. Orsato Competitive Environmental Strategies: When Does it Pay to Be Green? , 2006 .

[26]  Helio Aisenberg Ferenhof,et al.  Environmental management systems in small and medium-sized enterprises: an analysis and systematic review , 2014 .

[27]  M. Mohr-Swart An environmental management accounting model for the South African mining industry , 2016 .

[28]  Patrick de Beer,et al.  Environmental accounting: A management tool for enhancing corporate environmental and economic performance , 2006 .

[29]  Muna Lakhani,et al.  The need for Clean Production and Product Re-design , 2007 .

[30]  Polona Tominc,et al.  The role of environmental management system on introduction of new technologies in the metal and chemical/paper/plastics industries , 2007 .

[31]  S.K.B. Godschalk Does Corporate Environmental Accounting Make Business Sense , 2008 .

[32]  Christine Jasch,et al.  The use of Environmental Management Accounting (EMA) for identifying environmental costs , 2003 .

[33]  Renato J. Orsato When Does it Pay to be Green , 2009 .

[34]  Stefan Schaltegger,et al.  Environmental Management Accounting for Cleaner Production , 2008 .

[35]  S. Schaltegger,et al.  Exploring Corporate Practices in Management Accounting for Sustainability , 2013 .

[36]  Pall Rikhardsson,et al.  Adopting Environmental Management Accounting: EMA as a Value-adding Activity , 2003 .