Analysis of Sustainable Practices Based on the Triple Bottom Line Concept and Green Accounting Treatment at the St. Regis Bali Resort

Abstract

This study aims to analyze the implementation of sustainable practices based on the Triple Bottom Line concept and green accounting treatment at The St. Regis Bali Resort. The research method used is descriptive qualitative with data collection techniques through interviews, observations, and documentation. The study results show that The St. Regis Bali Resort has implemented various sustainable practices that reflect the Triple Bottom Line concept, such as integrated waste management, water and energy efficiency, community social programs, and environmentally friendly technology. The green accounting treatment at this hotel includes recognizing, measuring, and presenting environmental costs in financial statements by the 2019 Conceptual Framework for Financial Reporting. Still, the hotel has not specifically disclosed environmental costs in its financial statements.