Research Project Accounting 2022

Running head: ACCOUNTING RESEARCH PROJECT
Accounting Research Project
Name of the Student
Name of the University
Author’s Note

1ACCOUNTING RESEARCH PROJECT
The main aim of this report is the analysis and evaluation of different aspects of
environmental accounting undertaken by certain companies listed in the Australian Securities
Exchange (ASX). For this purpose, this report undertakes the analysis of ten ASX listed
companies for assessing their environmental accounting. More specifically, the environmental
accounting approaches of these companies are compared with each other in order to find the
companies conducting the most effective environmental accounting. In addition, environmental
accounting of these companies is also compared to certain other companies in other countries for
examining the effectiveness of environmental accounting of the ASX listed companies.
Discussion
It has become necessary for the business organizations to provide information on
environmental accounting in their annual reports so that the stakeholders like investors,
shareholders and others can gain information in them (Schaltegger and Burritt 2017). The same
aspect can be seen in case of the Australian ASX listed business organizations since these
companies have taken certain steps as a part of their environmental accounting. It can be seen
that these business have undertaken certain incredible steps as part of environmental accounting
(Schaltegger and Burritt 2017). Some of the environmental accounting initiatives are
management of E-Waste in the most cost effective and sustainable manner through extracting
valuable precious metals, management of harmful toxins and materials that is dangerous for
humans, delivery of environmentally sustainability solutions, utilization of effective technologies
in the most profitable as well as environmentally friendly manner and many others. At the same
time, these business organizations are collaborating with renowned environmental agencies for
providing more environment friendly solutions. Moreover, it needs to be mentioned that some of
these organizations are being considered as the major companies in the world as it is known for
world’s leading emission compliance. However, it can be seen from 2019 and 2018 annual
reports of E2 Metal Limited that the company has provided much information on environmental
accounting (wcsecure.weblink.com.au 2019).
However, the company has disclosed that they have ensured the compliance with all
required environmental legislations since its main operation involves exploration of different
kinds of metals like gold and others (Franzeseet al.2015). It implies that the annual reports of the