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Environmental Accounting Discussion: Sustainability

by | Nov 29, 2023 | Posted Questions

Environmental Accounting Discussion: Sustainability

1. You have just started working for a chemical
manufacturing company. Your boss is aware that you took this course and is
interested in implementing Environmental Accounting at the facility. Your boss
would like you to explain (not list) at least three ways that environmental
accounting can enhance business performance.

2. What barriers might hinder or even prevent a business
from implementing a corporate sustainability program? Provide at least two
examples (such as: finding ways to motivate employees to focus on
sustainability issues while managing sustainability and financial outcomes
simultaneously) and explain how you would work around each barrier.

3. Your boss read an article on Life Cycle Assessment (LCA)
and wants to know how it could benefit the company. Explain the benefits along
with the challenges of conducting an LCA.

4. Your boss heard about pollution prevention at a
conference and believes implementing it will help with the company’s image.
Explain to your boss what pollution prevention is about. Then explain, besides
public image, at least 4 other reasons why it should be considered.

5. How is corporate sustainability reporting valuable? Under
which circumstances is it required? And, what additional value is added by
independent verification?

6. Watch Ray Anderson’s Ted Talk on the Business Logic of
Sustainability and briefly comment about your reaction.

7. Watch the 2006 documentary Waste = Food that highlights
the work several companies in how they are applying the Cradle to
Cradle/Circular economy approach to preventing pollution, and then briefly comment.

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