Environmental Accounting is a method that integrates environmental costs into financial reporting. It helps businesses understand the economic impact of their environmental practices, such as waste management and resource consumption. By tracking these costs, companies can make informed decisions that promote sustainability while also improving their financial performance. This approach not only benefits individual organizations but also contributes to broader sustainability goals. By highlighting the financial implications of environmental actions, Environmental Accounting encourages companies to adopt greener practices. This can lead to reduced environmental impact and enhanced corporate responsibility, ultimately benefiting society and the planet.