Impact of Environmental Accounting on the Financial Performance of Indian Companies in Oil and Gas Sector

Abstract

Recently, thanks to enhanced climate change as well as environmental degradation, environment protection has assumed the utmost concern at the international level. There's an expanding strain for the corporate enterprises to think about the environmental consequences of the online business operations of theirs. Being a result, accounting and disclosure of environmental matters have quickly been emerging as a crucial dimension of environment management. Environmental Accounting plays a tremendous role in offering the necessary information on the surroundings to totally different owners at all levels for different reasons. There's a climbing interest in India about topics like environmental growth, corporate social responsibility, and corporate ecological overall performance. They're an after effect of the worldwide calls regarding the accountability of companies of the path of a healthy environment. In this particular paper, an effort has been put forth finding out the level of environmental disclosures contained in the oil as well as gas companies. Good analysis has been carried out to learn whether an organization is sincere in environmental compliances or maybe it's simply statutorily needed disclosures. The result from 300 workers had been used for the goal of the analysis. Additionally, it indicates the scope of additional exploration in this specific place.