An Overview of Impacting Factors on Environment Cost in the Area of Environment Accounting

Abstract

This study aims to understand the relation between financial data and environmental performance can be ascertained by the amount of achieved Environmental Performance Index. At present the amount of production and consumption is too much high as one of the cause for environmental degradation. The Environmental degradation makes Environmental Cost also high as rectifications to the degradation. India can be identified as 155^th position in the world ranking with 32.1 points in terms of Environmental Performance Index. The financial data ensures the Environmental Cost of organizations. By the facts and figure a few amount is invested in Environmental Cost. The accountably of Environmental Cost is recorded and monitored by Environmental Accounting. The absence of predicting technique for future Environmental Cost and effect on the activity is not discussed. The prediction is guided by the activity, Research and Development Policy, sharing in Environmental Performances.