Český finanční a účetní časopis 2009(4):46-55 | DOI: 10.18267/j.cfuc.47

Sustainability Accounting as a Tool for Corporate Sustainability Performance Management

Jaroslava Hyršlová1, Marie Kubáňková2
1 Doc. Ing. Jaroslava Hyršlová, Ph.D. - výzkumný pracovník; Centrum ekonomických studií, Vysoká škola ekonomie a managamentu, Nárožní 2600, 158 00 Praha 5, Česká republika; <jaroslava.hyrslova@vsem.cz>.
2 Ing. Marie Kubáňková - studentka doktorského studia; Katedra manažerského účetnictví, Fakulta financí a účetnictví, Vysoká škola ekonomická v Praze, nám. W. Churchilla 4, 130 67 Praha 3, Česká republika; <marie.kubankova@vse.cz>.

Sustainability accounting is the generation, analysis and use of monetarized environmental and socially related information in order to improve corporate environmental, social and economic performance. Sustainability accounting should be based on the extension of the existing scope of conventional accounting or environmental accounting, and should reflect not only economic and environmental, but also social issues. Environmental accounting provides the users with highly significant information serving as support for their decision-making in the conditions where company's environmental approach is of effect on success of business. If company goals include the improvement of economic performance and environmentallyfriendly approach, then it is evident that the management and other stakeholders must have at their disposal information on environmental aspects and impacts as well as on their economic consequences; such information is provided through environmental accounting. The paper deals with the role of sustainability accounting and environmental accounting as an approach to help support management improve company sustainability.

Keywords: Sustainable development; Sustainability accounting; Environmental accounting.
JEL classification: M41

Published: December 1, 2009  Show citation

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Hyršlová, J., & Kubáňková, M. (2009). Sustainability Accounting as a Tool for Corporate Sustainability Performance Management. Czech Financial and Accounting Journal, 2009(4), 46-55. doi: 10.18267/j.cfuc.47
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