The Impact of Environmental Accounting on the Financial Performance of Cement Companies

Abstract

One of the country's main industries is the cement sector. In the current industrial period, where the majorityof progressisdependent on infrastructure, its significance becomes even more crucial. It has a big impact on the nation's social andeconomicadvancement. Environmental safety is essential for human survival, just as industrial progress is for the economy. To evaluatetheimpactthat the environment plays in the economy, regulatory bodies have created Environmental Accounting. The primary goal of thisresearchis to determine how environmental accounting affects the financial performance of the cement businesses in India, whichisnowexperiencing rapid growth. The profitability condition of the chosen cement firms in India has been determined by takingintoaccounttheir sales and production, financial ratios, and environmental preservation considerations.