DOI: https://doi.org/10.14710/presipitasi.v0i0.%25p

Environmental Accounting and Corporate Disclosure: Global Research Trends and Conceptual Clusters

*Ericke Fridatien  -  Universitas Darul Ulum Islamic Centre Sudirman GUPPI, Indonesia
Annisa Sila Puspita orcid scopus  -  Universitas Diponegoro, Indonesia
Marah Ammar  -  Latakia University, Syrian Arab Republic

Citation Format:
Abstract

The goal of this study is to provide a bibliometric review based on 1,891 Scopus indexed records in order to integrate the global trends and the conceptual framework that is discussed in environmental accounting and corporate disclosure research. Results show intensive research growth since 2015, mainly led by presence of Chinese, American and Australian authors. Three categories were generated through thematic analysis: environmental strategies, corporate social responsibilities and accountability modes. Results: Environmental accounting has developed from reporting towards a strategic management tool, which is closely related to corporate governance, reputation and sustainability performance. Additional findings show that the strength of international collaboration networks has increased over time, especially with Chinese and European institutions: reflecting a trend towards increasingly globalized research collaboratives. Keyword co-occurrence map indicates shifting research priorities, after early attention to environmental cost accounting to the latest emphasis on climate-related disclosure, ESG integration, and low-carbon transition strategies. It also shows the increasing academic focus on regulatory drivers including IFRS S2, the EU CSRD, and national emission policies. The cross-cluster comparison of differences implies a growing similarity in environmental responsibility accounting, corporate strategy and what different stakeholders expect which underlines moves towards more consistent and decision-useful sustainability reporting systems.

Fulltext View|Download
Keywords: Bibliometric; clean water; ESG; green accounting; sustainability report

Article Metrics:

Article Info
Section: Review Article
Language : EN
Recent articles
Effect of Macroporous Chitosan-Tripolyphosphate Beads On COD And Turbidity Values in Sasirangan Wastewater Greywater Treatment Using Umbrella Sedge Plants and Activated Carbon Media with Constructed Wetland System Assessments of Climate Literacy and Climate Change Awareness Environmental Accounting and Corporate Disclosure: Global Research Trends and Conceptual Clusters Environmental Communication and Community Empowerment in CSR-based Refuse-Derived Fuel (RDF) Production: A Case Study in Cirebon, Indonesia Interannual Climate Variability Impacts on Rainfall Extremes and Flooding in Bandung Evaluating Environmental Management Accounting of Community Driven Material Recovery Facility (CDRMF) More recent articles
Most cited articles
PENENTUAN CAMPURAN LUMPUR LAPINDO SEBAGAI SUBSTITUSI PASIR DAN SEMEN DALAM PEMBUATAN PAVING BLOCK RAMAH LINGKUNGAN EVALUASI PENGELOLAAN SAMPAH RUMAH SAKIT PUSAT ANGKATAN DARAT GATOT SOEBROTO KONSERVASI ENERGI BERBASIS RENEWABLE ENERGY TECHNOLOGY DENGAN PEMANFAATAN TEKNOLOGI MICROBIAL EVALUASI KINERJA INSTALASI PENGOLAHAN AIR MINUM (IPAM) KARANGPILANG I PDAM SURYA SEMBADA KOTA SURABAYA SECARA KUANTITATIF POTENSI NITRIFIKASI OLEH BAKTERI YANG TERDAPAT DI LAUT ALIRAN KALI PLUMBON, LAUT ALIRAN KALI BANJIR KANAL BARAT DAN LAUT ALIRAN KALI BANJIR KANAL TIMUR More cited articles
  1. Abeysekera, I., 2022. A framework for sustainability reporting. Sustain. Accounting, Manag. Policy J. 13, 1386–1409
  2. Akbari, M., Khodayari, M., Danesh, M., Davari, A., Padash, H., 2020. A bibliometric study of sustainable technology research. Cogent Bus. Manag. 7
  3. Akhter, F., Hossain, M.R., Elrehail, H., Rehman, S.U., Almansour, B., 2023. Environmental disclosures and corporate attributes, from the lens of legitimacy theory: a longitudinal analysis on a developing country. Eur. J. Manag. Bus. Econ. 32, 342–369
  4. Al-Amosh, H., Mansor, N., 2020. The Implications of Ownership Structure on the Environmental Disclosure in Jordan. Int. J. Acad. Res. Bus. Soc. Sci. 10
  5. Alsayegh, M.F., Rahman, R.A., Homayoun, S., 2020. Corporate economic, environmental, and social sustainability performance transformation through ESG disclosure. Sustain. 12
  6. Arevalo, J.A., Aravind, D., 2017. Strategic Outcomes in Voluntary CSR: Reporting Economic and Reputational Benefits in Principles-Based Initiatives. J. Bus. Ethics 144, 201–217
  7. Aslaksen, H.M., Hildebrandt, C., Johnsen, H.C.G., 2021. The long-term transformation of the concept of CSR: towards a more comprehensive emphasis on sustainability. Int. J. Corp. Soc. Responsib. 6
  8. Baranova, P., Meadows, M., 2017. Engaging with environmental stakeholders: Routes to building environmental capabilities in the context of the low carbon economy. Bus. Ethics 26, 112–129
  9. Bilal, Gerged, A.M., Arslan, H.M., Abbas, A., Chen, S., Manzoor, S., 2024. A bibliometric review of corporate environmental disclosure literature. J. Account. Lit. 46, 214–237
  10. Bogers, M., Zobel, A.K., Afuah, A., Almirall, E., Brunswicker, S., Dahlander, L., Frederiksen, L., Gawer, A., Gruber, M., Haefliger, S., Hagedoorn, J., Hilgers, D., Laursen, K., Magnusson, M.G., Majchrzak, A., McCarthy, I.P., Moeslein, K.M., Nambisan, S., Piller, F.T., Radziwon, A., Rossi-Lamastra, C., Sims, J., Ter Wal, A.L.J., 2017. The open innovation research landscape: established perspectives and emerging themes across different levels of analysis. Ind. Innov. 24, 8–40
  11. Buallay, A., 2020. Sustainability reporting and firm’s performance: Comparative study between manufacturing and banking sectors. Int. J. Product. Perform. Manag. 69, 431–445
  12. Bunea, A., 2018. Legitimacy through targeted transparency? Regulatory effectiveness and sustainability of lobbying regulation in the European Union. Eur. J. Polit. Res. 57, 378–403
  13. Camilleri, M.A., 2015. Valuing Stakeholder Engagement and Sustainability Reporting. Corp. Reput. Rev. 18, 210–222
  14. Chang, R.D., Soebarto, V., Zhao, Z.Y., Zillante, G., 2016. Facilitating the transition to sustainable construction: China’s policies. J. Clean. Prod. 131, 534–544
  15. Chen, D., Liu, Z., Luo, Z., Webber, M., Chen, J., 2016. Bibliometric and visualized analysis of emergy research. Ecol. Eng. 90, 285–293
  16. Clay, K.B., Jha, A., Lewis, J., Severnini, E., 2021. Impacts of the Clean Air Act on the Power Sector from 1938-1994: Anticipation and Adaptation. SSRN Electron. J
  17. Cooley, A., 2020. Comparative analysis of online accountability practices in three sectors: private, public and nonprofit. Accounting, Audit. Account. J. 33, 1423–1445
  18. Cruz Dallagnol, E., Portulhak, H., Cezar Severo Peixe, B., 2023. How is public value associated with accountability? A systematic literature review. Public Money Manag. 43, 251–258
  19. Flammer, C., Hong, B., Minor, D., 2019. Corporate governance and the rise of integrating corporate social responsibility criteria in executive compensation: Effectiveness and implications for firm outcomes. Strateg. Manag. J. 40, 1097–1122
  20. Fu, S., Tian, M., Ge, Y., Yao, T., Tian, J., 2024. Influencing Factors and Mechanisms of Corporate Social Responsibility Reputation under Green and Low-Carbon Transition: Evidence from Chinese Listed Companies. Energies 17
  21. Ghuslan, M.I., Jaffar, R., Saleh, N.M., Yaacob, M.H., 2021. Corporate governance and corporate reputation: The role of environmental and social reporting quality. Sustain. 13, 1–24
  22. Grames, E.M., Stillman, A.N., Tingley, M.W., Elphick, C.S., 2019. An automated approach to identifying search terms for systematic reviews using keyword co-occurrence networks. Methods Ecol. Evol. 10, 1645–1654
  23. He, Z., Xu, S., Shen, W., Wang, M., Li, C., 2019. Exploring external and internal pressures on the environmental behavior of paper enterprises in China: A qualitative study. Bus. Strateg. Environ. 28, 951–969
  24. Hou, Y., Wang, Q., 2021. A bibliometric study about energy, environment, and climate change. Environ. Sci. Pollut. Res. 28, 34187–34199
  25. Hsieh, M.Y., 2024. An empirical investigation into the enhancement of decision-making capabilities in corporate sustainability leadership through Internet of Things (IoT) integration. Internet Things (The Netherlands) 28, 101382
  26. In, S.Y., Rook, D., Monk, A., 2019. Integrating Alternative Data (Also Known as ESG Data) in Investment Decision Making. Glob. Econ. Rev. 48, 237–260
  27. Jakučionytė-Skodienė, M., Liobikienė, G., 2021. Climate change concern, personal responsibility and actions related to climate change mitigation in EU countries: Cross-cultural analysis. J. Clean. Prod. 281
  28. Kaur, A., Lodhia, S., 2018. Stakeholder engagement in sustainability accounting and reporting: A study of Australian local councils. Accounting, Audit. Account. J. 31, 338–368
  29. Kemeç, A., Altınay, A.T., 2023. Sustainable Energy Research Trend: A Bibliometric Analysis Using VOSviewer, RStudio Bibliometrix, and CiteSpace Software Tools. Sustain. 15
  30. KPMG, 2022. Key global trends in sustainability reporting [WWW Document]. KPMG.com. URL https://kpmg.com/xx/en/our-insights/esg/survey-of-sustainability-reporting-2022/global-trends.html
  31. Kraft, B., 2018. Shedding Light on Stakeholder Power in a Regulated Market: A Study of Variation in Electric Utilities’ Climate Change Disclosures. Organ. Environ. 31, 314–338
  32. Kuruppu, S.C., Milne, M.J., Tilt, C.A., 2024. Sustainability control systems in short-term operational and long-term strategic decision-making. Meditari Account. Res. 32, 234–265
  33. Long, T.B., Looijen, A., Blok, V., 2018. Critical success factors for the transition to business models for sustainability in the food and beverage industry in the Netherlands. J. Clean. Prod. 175, 82–95
  34. Luo, W., Cheng, J., 2023. Transition to sustainable business models for green economic recovery: role of financial literacy, innovation and environmental sustainability. Econ. Chang. Restruct. 56, 3787–3810
  35. Mamun, M., 2023. Sustainability reporting of major electricity retailers in line with GRI: Australia evidence. J. Account. Organ. Chang. 19, 474–493
  36. Manita, R., Bruna, M.G., Dang, R., Houanti, L., 2018. Board gender diversity and ESG disclosure: evidence from the USA. J. Appl. Account. Res. 19, 206–224
  37. Omran, M.S.Y., Yaaqbeh, M.N.S., 2023. Climate change and business accountability, empirical evidence on the roles of environmental strategy and environmental accounting. Bus. Ethics, Environ. Responsib. 32, 1592–1608
  38. Oncioiu, I., Popescu, D.M., Aviana, A.E., Şerban, A., Rotaru, F., Petrescu, M., Marin-Pantelescu, A., 2020. The role of environmental, social, and governance disclosure in financial transparency. Sustain. 12, 1–16
  39. Pérez-López, D., Moreno-Romero, A., Barkemeyer, R., 2015. Exploring the Relationship between Sustainability Reporting and Sustainability Management Practices. Bus. Strateg. Environ. 24, 720–734
  40. Polanin, J.R., Pigott, T.D., Espelage, D.L., Grotpeter, J.K., 2019. Research Synthesis Methods - 2019 - Polanin - Best practice guidelines for abstract screening large‐evidence systematic.pdf. Res. Synth. Methods 10, 330–342
  41. Razali, M.W.M., Fauzan, N.F., Joseph, C., Yau, D.L.I., Hassan, N.A., 2025. Audit committee characteristics and environmental disclosure practices: Insights from Malaysian listed firms. Edelweiss Appl. Sci. Technol. 9, 231–243
  42. Silva-Gao, L., 2012. The Disclosure of Environmental Capital Expenditures: Evidence from the Electric Utility Sector in the USA. Corp. Soc. Responsib. Environ. Manag. 19, 240–252
  43. Söderholm, P., 2020. The green economy transition: the challenges of technological change for sustainability. Sustain. Earth 3
  44. Stafford, A., Stapleton, P., 2017. Examining the Use of Corporate Governance Mechanisms in Public–Private Partnerships: Why Do They Not Deliver Public Accountability? Aust. J. Public Adm. 76, 378–391
  45. Tan, H., Li, Jialing, He, M., Li, Jiayu, Zhi, D., Qin, F., Zhang, C., 2021. Global evolution of research on green energy and environmental technologies:A bibliometric study. J. Environ. Manage. 297, 113382
  46. Tarquinio, L., Posadas, S.C., 2020. Exploring the term “non-financial information”: an academics’ view. Meditari Account. Res. 28, 727–749
  47. Vigneau, L., Humphreys, M., Moon, J., 2015. How Do Firms Comply with International Sustainability Standards? Processes and Consequences of Adopting the Global Reporting Initiative. J. Bus. Ethics 131, 469–486
  48. Wansink, B., Ittersum, K. Van, 2016. Boundary research: Tools and rules to impact emerging fields. J. Consum. Behav. 15, 396–410
  49. Yu, E.P. yi, Guo, C.Q., Luu, B. Van, 2018. Environmental, social and governance transparency and firm value. Bus. Strateg. Environ. 27, 987–1004
  50. Yuan, Y., Zhang, B., Wang, Lei, Wang, Li, 2022. Low-Carbon Strategies Considering Corporate Environmental Responsibility: Based on Carbon Trading and Carbon Reduction Technology Investment. Sustain. 14
  51. Yusoff, R., Yusoff, H., Abd Rahman, S.A., Darus, F., 2019. Investigating Sustainability Reporting from the Lens of Stakeholder Pressures and Isomorphism. J. Asia-Pacific Bus. 20, 302–321
  52. Zaid, M.A.A., Issa, A., 2023. A roadmap for triggering the convergence of global ESG disclosure standards: lessons from the IFRS foundation and stakeholder engagement. Corp. Gov. 23, 1648–1669

Last update:

No citation recorded.

Last update: 2026-01-08 08:53:06

No citation recorded.