Impact of environmental management accounting on sustainable development practices in Vietnamese manufacturing enterprises

Abstract

This study examines the impact of environmental management accounting (EMA) on sustainable development practices in Vietnamese manufacturing enterprises. By qualitative research methods, on the basis of researching relevant documents. The study highlights the positive effects of EMAs, including improved decision-making, cost reduction, performance measurement, stakeholder engagement, and risk management. However, the current application of EMA in Vietnamese manufacturing enterprises, especially small and medium enterprises (SMEs), is still limited. The study identifies challenges and barriers to EMA implementation and highlights the need for awareness building initiatives, data management systems, and stakeholder support policies. Overall, the study concludes that EMA has the potential to promote sustainable development activities in Vietnamese manufacturing enterprises, but more efforts are needed to promote its adoption and understand its long-term impacts.