The development of ecological accounting as an informational foundation for environmental management and auditing in the implementation of green technologies

Abstract

The article is dedicated to the analysis of approaches to the establishment and implementation of ecological accounting, providing necessary information for environmental management and auditing during the adoption of green technologies. Contemporary environmental issues shape the trend of green economy development, for which ecological accounting data serves as the information source. Based on the analysis of perspectives from various Russian and international researchers, the definition of ecological accounting is refined and approaches to its establishment and maintenance are scrutinized. The examined approaches, including production-based, regional, strategic, and life cycle analysis based, delineate strengths and weaknesses, necessitating the formation of an integrated methodology of ecological accounting that consolidates financial and non-financial information regarding environmental activities. The proposed methodology of ecological accounting involves six stages, each involving the compilation and synthesis of necessary data on environmental activities for environmental management, facilitating the development of measures to enhance environmental responsibility and fortify environmental sustainability of companies, industries, and regions. The formulated methodology should possess adaptability to changing environmental conditions to ensure timely response and reflection of environmental threats.