Green Accounting, Financial Literacy, and Financial Performance: A Case Study on Sukaregang Tannery Industrial Center in Garut, West Java Indonesia

Abstract

An increasing number of manufacturing industries have a significant impact on environmental sustainability issues. Green accounting is one of the alternatives that measures the environmental impact of human activity on the earth's ecological systems and resources. This research aims to analyze the implementation of green accounting, financial literacy, and financial performance at Sukaregang Tannery Industrial Center. The primary data are collected through in-depth and quetionnaire-based structured interviews, while the secondary data are acquired from a review of the literature. The analytical methods used in this research is quantitative analysis. Results from this research indicates that the level of implemetation of green accounting for tanners in Sukaregang is mostly included in the moderate category with a percentage of 57.14% and the majority of owners of tannery industry in Sukaregang have a low level of financial literacy with a percentage of 42.86%. Green accounting and financial literacy has a strong correlation with a correlation coefficient of 0.601. However, green accounting and financial literacy do not have a significant correlation with financial performance.

A Bibliometric Analysis Of Green Accounting Research

“…Green accounting can be applied to large and small companies in various industries and the manufacturing or service sectors (Byzzanthi and Ermawati 2021). Green accounting can be systematically applied on a large or smaller scale for the required basis.…”

Kualitas Paving Block dengan Limbah Lumpur Penyamakan Kulit sebagai Pengganti Semen

“…Limbah tersebut dapat menyebabkan toksisitas akut dan kronis pada lingkungan, bahkan sangat berbahaya untuk makhluk hidup [3]. Limbah penyamakan kulit ini termasuk ke dalam golongan polutan tertinggi di antara semua limbah industri [4]- [6]. Salah satu limbah penyamakan kulit adalah limbah lumpur yang dihasilkan oleh IPAL (Instalasi Pengolahan Air Limbah).…”

Environmental and Financial Management in Sustainable Business: A Case Study in the Energy Industry

“…A study on the implementation of green accounting in Sukaregang Tannery Industrial Center in West Java found that the majority of tannery industry owners have a low level of financial literacy, and green accounting implementation is mostly moderate. Although green accounting and financial literacy have a strong correlation, they do not have a significant correlation with financial performance [6]. In the case of the Russian energy sector, the introduction of environmental management systems (EMS) has been shown to be a condition for the development of eco-innovation, covering a wide range of issues related to innovative development, modernization, and environmental management [7].…”