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Green accounting in Colombia: a case study of the mining sector

Author

Listed:
  • Candy Chamorro Gonzalez

    (Universidad Católica Luis Amigo
    Universidad de la Costa (CUC))

  • Ketty Herrera Mendoza

    (Universidad Católica Luis Amigo
    Universidad de la Costa (CUC))

Abstract

The environmental crisis involves several responsible parties, and industries are one of them. Therefore, it is important to interrelate the environment and economy to generate an environmental commitment by industries. Green accounting arises with the aims of providing quantitative and qualitative information on the company’s environmental aspects. This paper describes the current state of green accounting in the leading mining companies in Colombia according to the Ministry of Energy and Mines of Colombia. Findings show that 80% of the selected mining companies integrate green accounting in their management system. However, the underlying procedures are not always put into practice. Therefore, accounting studies must lead to the development of an environmental accounting model and the implementation of mandatory regulations for green accounting.

Suggested Citation

  • Candy Chamorro Gonzalez & Ketty Herrera Mendoza, 2021. "Green accounting in Colombia: a case study of the mining sector," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 23(4), pages 6453-6465, April.
    • Handle: RePEc:spr:endesu:v:23:y:2021:i:4:d:10.1007_s10668-020-00880-1
    DOI: 10.1007/s10668-020-00880-1
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    References listed on IDEAS

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    Cited by:

    1. Nico Alexander, 2023. "Green Accounting and Firm Value ," GATR Journals afr223, Global Academy of Training and Research (GATR) Enterprise.
    2. Pham Quang Huy & Vu Kien Phuc, 2025. "Changing times: does the critical success factors boosting green transition of SMEs remain unchanged?," Journal of Innovation and Entrepreneurship, Springer, vol. 14(1), pages 1-32, December.

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