Environmental accounting popularly known as Green accounting is a kind of accounting that attempts to issue environmental costs into the economic results of operations. It has been highlighted that gross domestic product ignores the environment and hence decision makers need a revised model that incorporates green accounting. Efforts towards environment cautiousness of Indian companies are multi fold. India is one among the pioneers of developing nations to practice more of voluntary green performance reporting. As an alert green stakeholder there is accountability on us in handling over a green future to our next generations. Voluntary environmental accounting and reporting has changed the way, how by tradition corporations tend to think on this corporate social responsibility.
It helps to know whether corporation has been fulfilling its responsibilities towards environment or not. Many companies around the world most significantly in India practice more of voluntary environmental reporting that is going beyond the mandatory guidelines. Indian companies eagerly go far beyond these guidelines. There exists a voluntary reporting culture among Indian companies in the form of satellite reporting, sustainability, reporting internet reporting etc. It appears that Indian companies are motivated by global trends in meeting such international reporting standards. An attempt is made here to compile few of the green efforts of companies for this survey.
