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The Integration of Green Accounting and Green Human Resource Management for Sustainable Business Practices
Abstract
Green accounting and green human resource management (GHRM) have gained tremendous value in recent times with integration of the two emerging as a strategic approach for organizations to promote sustainable business practices. Green accounting focuses on measuring and reporting environmental impacts and costs associated with business activities, while GHRM involves incorporating sustainable practices and values into human resource processes. The authors explore integration of two fields to understand its contribution in achieving a culture of environmental sustainability goals within organizations. Comprehensive analysis of environmental impacts of organization's operations, products, and services is presented here using concept of green accounting. Factors such as carbon emissions, energy consumption, waste generation, and water usage would be discussed as a means to identify areas of improvement and make informed decisions. By aligning environmental and human resource processes, organizations may achieve environmental sustainability goals, enhance reputation, and foster a culture of sustainable well-being.
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