Green Capitalism: Environmental Accounting

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As modern societies become increasingly aware of the impacts of their operations on the environment, they seek significant shifts in the way organizations think about a viable and sustainable future. In recent years, corporations are increasingly embracing environmental concerns as part of their corporate agenda as a mainstream part of management. Corporate environmentalism entails environmentally beneficial action that corporates undertake and goes beyond what is required under the law. Corporate environmentalism benefits society as a whole and is considered part of corporate social responsibility (CSR) by organizations.