Accounting for Sustainable Development—A Case Study of City Farm

An accounting model designed to evaluate performance in achieving the objectives of sustainable development is applied to an organisation striving for a mix of ecological, social, and economic goals. The accounting model uses environmental performance indicators and life cycle analysis to measure pe...

Full description

Saved in:
Bibliographic Details
Published in:Critical perspectives on accounting 2000-10, Vol.11 (5), p.583-605
Main Author: Lamberton, Geoff
Format: Article
Language:English
Subjects:
Accounting
Case studies
Environmental degradation
Environmental economics
Farming
Life cycles
Sustainable development
Citations: Items that this one cites
Items that cite this one
Online Access:Get full text
Tags: Add Tag
No Tags, Be the first to tag this record!
Description
Summary:An accounting model designed to evaluate performance in achieving the objectives of sustainable development is applied to an organisation striving for a mix of ecological, social, and economic goals. The accounting model uses environmental performance indicators and life cycle analysis to measure performance against ecologically efficient and sustainability targets, utilising both quantitative and qualitative data. It is found that the organisation’s industrial design is consistent with some of the ecological goals of sustainable development, but ecological and financial constraints, together with priorities of the economic system within which the organisation functions, lead to specific aspects of the organisation’s operations being ecologically unsustainable. The paper concludes that the accounting model enables an organisation’s contribution to the multidimensional objectives of sustainable development to be evaluated, and the implications of this for accounting and the sustainable development agenda are discussed.
ISSN:1045-2354
1095-9955
DOI:10.1006/cpac.1999.0475