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Carbon Management Accounting System and Corporate Environmental Performance: AConceptual Framework

Author

Listed:
  • Hussein H. H. Sharaf-Addin

    (Department of Management and Humanities, Universiti Teknologi PETRONAS, Malaysia.)

Abstract

The growing concern over climate change and the need to address its effects has prompted industries and companies to prioritize reducing carbon emissions. This study proposes an effective Carbon Management Accounting System (CMAS) model that can lead to sustainable Energy Efficiency (ENEFF) and enhance Corporate Environmental Performance (CEP) through sustainable operations. The study extensively reviewed previous research and developed a conceptual framework for the relationship between CMAS, ENEFF, and CEP in the Malaysian Oil and Gas industry. The study also developed two research models extracted from the conceptual framework developed, which are: (1) a carbon management accounting model and (2) a corporate environmental performance model. By using these models, the study directly explores the relationship between CMAS and ENEFFand indirectly explores the relationship between CMAS and CEP through the mediating role of ENEFF. This study provides a foundation for futureresearch to examine both models as an integrated approach to enhance ENEFF and overall CEP in the Oil and Gas industry.

Suggested Citation

  • Hussein H. H. Sharaf-Addin, 2024. "Carbon Management Accounting System and Corporate Environmental Performance: AConceptual Framework," International Journal of Energy Economics and Policy, Econjournals, vol. 14(2), pages 304-310, March.
    • Handle: RePEc:eco:journ2:2024-02-30
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    References listed on IDEAS

    as
    1. Chen, Zhe & Song, Pei & Wang, Baolu, 2021. "Carbon emissions trading scheme, energy efficiency and rebound effect – Evidence from China's provincial data," Energy Policy, Elsevier, vol. 157(C).
    2. Roger L. Burritt & Stefan Schaltegger & Dimitar Zvezdov, 2011. "Carbon Management Accounting: Explaining Practice in Leading German Companies," Australian Accounting Review, CPA Australia, vol. 21(1), pages 80-98, March.
    3. Cedric Dawkins & John Fraas, 2011. "Coming Clean: The Impact of Environmental Performance and Visibility on Corporate Climate Change Disclosure," Journal of Business Ethics, Springer, vol. 100(2), pages 303-322, May.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Carbon Management Accounting System; Energy Efficiency; Corporate Environmental Performance; Oil and Gas Industry;
    All these keywords.

    JEL classification:

    • Q52 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Pollution Control Adoption and Costs; Distributional Effects; Employment Effects
    • Q54 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Climate; Natural Disasters and their Management; Global Warming
    • Q56 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environment and Development; Environment and Trade; Sustainability; Environmental Accounts and Accounting; Environmental Equity; Population Growth

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