Skip to main content
SpringerLink
Log in

Green accounting in Colombia: a case study of the mining sector

  • Published:
Environment, Development and Sustainability Aims and scope Submit manuscript

Abstract

The environmental crisis involves several responsible parties, and industries are one of them. Therefore, it is important to interrelate the environment and economy to generate an environmental commitment by industries. Green accounting arises with the aims of providing quantitative and qualitative information on the company’s environmental aspects. This paper describes the current state of green accounting in the leading mining companies in Colombia according to the Ministry of Energy and Mines of Colombia. Findings show that 80% of the selected mining companies integrate green accounting in their management system. However, the underlying procedures are not always put into practice. Therefore, accounting studies must lead to the development of an environmental accounting model and the implementation of mandatory regulations for green accounting.

This is a preview of subscription content, log in via an institution to check access.

Access this article

Log in via an institution

Price excludes VAT (USA)
Tax calculation will be finalised during checkout.

Instant access to the full article PDF.

Institutional subscriptions

Similar content being viewed by others

References

  • Aragón, M., & Olaya, Y. (2012). Problemáticas de los pasivos ambientales. Revista gestión y ambiente, 15, 125–133.

    Google Scholar 

  • Aznar, J., & Estruch, V. (2015). Valoración de activos ambientales (2nd ed.). Valencia: Universitat Poletecnica de Valencia.

    Google Scholar 

  • Barraza, F., & Gomez, M. (2005). Aproximación a un concepto de contabilidad ambiental. Colombia: U. Cooperativa de Colombia.

    Google Scholar 

  • Bischhoffshausen, W. (1996). Una visión general de la contabilidad ambiental. Revista contaduría universidad de Antioquia, 29, 54–72.

    Google Scholar 

  • Carraro, C., & Leveque, F. (2013). Voluntary approaches in environmental policy (pp. 49–72). New York: Springer Science & Business Media.

    Google Scholar 

  • Chamorro, C. (2015). Investigación contable en los futuros contadores: elemento ontológico del desarrollo de la contabilidad verde. Revista Red de Investigación Estudiantil Universidad de Zulia, 5(1–2), 164–172.

    Google Scholar 

  • Chamorro, C. (2016). Estado actual de la contabilidad verde en colombia: estudio de caso al sector minero (Doctoral dissertation). Colombia: Universidad de la Costa CUC).

    Google Scholar 

  • Deegan, C. (2013). The accountant will have a central role in saving the planet… really? A reflection on ‘green accounting and green eyeshades twenty years later’. Critical Perspectives on Accounting, 24(6), 448–458. https://doi.org/10.1016/j.cpa.2013.04.004.

    Article  Google Scholar 

  • Díaz, O. (2010). Estado actual de la aplicación de las NIIF en la preparación de estados financieros de las empresas peruanas. Contabilidad y Negocios, 5(10), 5–28.

    Google Scholar 

  • Fowler, E. (2008). Cuestiones contables fundamentales (pp. 51–67). Buenos Aires: La ley.

    Google Scholar 

  • Gomez, M. (2006). Introduccion a la metodologia de la investigacion cientifica. Cordoba: Editorial Brujas.

    Google Scholar 

  • González, C. (2015). Estado actual de la contabilidad verde en Colombia. Saber Ciencia y Libertad, 10(2), 53–62.

    Article  Google Scholar 

  • González, C., Gutiérrez, L., Gallego, C., & Londoño, I. (2019). Procesos de gestión: Edificios sostenibles vs. Edificios tradicionales. Revista Activos, 17(2), 177–203.

    Google Scholar 

  • Gonzalez, A., Lozada, L. & Madonni, H. (2015). Necesidad de adopción en Venezuela de normas de contabilidad ambiental existentes a nivel internacional por parte de la Federación de Colegios de Contadores Públicos de Venezuela (Bachelor’s thesis). University central de la Venezuela.

  • Hens, L., Block, C., Cabello-Eras, J. J., Sagastume-Gutierez, A., Garcia-Lorenzo, D., Chamorro, C., et al. (2018). On the evolution of “cleaner production” as a concept and a practice. Journal of Cleaner Production, 172, 3323–3333.

    Article  Google Scholar 

  • Hernández-Rodríguez, D., & Escobar-Castillo, A. (2017). Modelo de contabilidad social como herramienta de gestión para la responsabilidad social empresarial IJMSOR., 2(1), 44–56. https://doi.org/10.17981/ijmsor.02.01.07.

    Article  Google Scholar 

  • Hoque, M. (2017). Why company should adopt integrated reporting? International Journal of Economics and Financial Issues, 7(1), 241–247.

    Google Scholar 

  • Jamil, C., Mohamed, R., Muhammad, F., & Ali, A. (2015). Environmental management accounting practices in small medium manufacturing firms. Procedia-Social and Behavioral Sciences, 172, 619–626.

    Article  Google Scholar 

  • Lianos, T., & Pseiridis, A. (2016). Sustainable welfare and optimum population size. Environment, Development and Sustainability, 18(6), 1679–1699.

    Article  Google Scholar 

  • Mårtensson, K., & Westerberg, K. (2016). Corporate environmental strategies towards sustainable development. Business Strategy and the Environment, 25(1), 1–9.

    Article  Google Scholar 

  • Masud, M., Bae, S., & Kim, J. (2017). Analysis of environmental accounting and reporting practices of listed banking companies in Bangladesh. Sustainability, 9(10), 1717.

    Article  Google Scholar 

  • Medina, V. C., González, C. C., Peñaloza, L. V., Ramos, A. A., & Viloria, K. S (2019). Contabilidad verde y desarrollo sostenible: tendencias y perspectivas. Tendencias en la investigación universitaria: una visión desde Latinoamérica: volumen VIII. Venezuela: Fondo Editorial Universitario Servando Garcés. pp. 107–115.

  • Mejía, E. (2010). Contabilidad ambiental: Critica al modelo de contabilidad financiera. Optigraf Ltda: Colombia.

    Google Scholar 

  • Mejía, E., & Vargas, L. (2012). Contabilidad para la sostenibilidad ambiental y social. Revista Lúmina, 13, 48–70.

    Article  Google Scholar 

  • Muller, Z., Mendelsohn, R., & Nordhaus, W. (2011). Environmental accounting for pollution in the United States economy. The American Economic Review, 101(5), 1649–1657. https://doi.org/10.1257/aer.101.5.1649.

    Article  Google Scholar 

  • Ojito, V., Martínez, G., Restrepo, S., Rojas, O., & Franco, R. (2017). Contabilidad ambiental, tendencias investigativas mundiales. Producción + Limpia, 12(1), 53–69. https://doi.org/10.22507/pml.v12n1a9.

    Article  Google Scholar 

  • Oluwamayowa, I., & Omowunmi, O. (2017). Identifying barriers to environmental management accounting practices: a comparative study of Nigeria and South Africa. The Business and Management Review, 9(1), 168–179.

    Google Scholar 

  • Rivera, P. & Foladori, G. (2011). Reflexiones sobre la contabilidad ambiental en México. Recuperado de: http://biblioteca.universia.net/html_bura/ficha/params/title/reflexiones-contabilidad-ambiental-mexico/id/54485926.html.

  • Pizarro, R. & Shee, A. (2016). Plan nacional de cuentas ambientales de Chile. Recuperado de: http://catalogador.mma.gob.cl:8080/geonetwork/srv/spa/resources.get?uuid=d242e7e2-8016-4397-a16c-a340e201fabb&fname=Plan%20Nacional%20de%20Cuentas%20Ambientale%20de%20Chile-espa%C3%B1ol.pdf&access=public.

  • Poveda, A. (2011). Los objetos de aprendizaje: aprender y enseñar de forma interactiva en biociencias. ACIMED, 22(2), 155–166.

    Google Scholar 

  • Ochoa, R; Mosquera, R & Ruiz, A. (2013). Modelo de contabilidad ambiental para la empresa Pedro Álvarez construcciones SAS. Recuperado de: http://bibliotecadigital.usbcali.edu.co/jspui/bitstream/10819/1619/1/Modelo_Contabilidad_Ambiental_Ochoa_2013.pdf.

  • Rezaei, J., Nispeling, T., Sarkis, J., & Tavasszy, L. (2016). A supplier selection life cycle approach integrating traditional and environmental criteria using the best worst method. Journal of Cleaner Production, 135, 577–588.

    Article  Google Scholar 

  • Riechmann, J. (1995). Desarrollo sostenible: la lucha por la interpretación. De la economía a la ecología. Edición 1. Madrid.

  • Song, Q., Zhao, M. R., Zhou, X. H., Xue, Y., & Zheng, Y. J. (2017). Predicting gastrointestinal infection morbidity based on environmental pollutants: Deep learning versus traditional models. Ecological Indicators, 82, 76–81.

    Article  Google Scholar 

  • Soto, E., Roa, G., & Salazar, C. (2016). ¿Para qué la contabilidad? un enfoque desde la teoría tridimensional. Asuntos Económicos y Administrativos, 30, 251–264.

    Google Scholar 

  • Susiarjo, G., Sreenath, S., & Vali, A. (2006). Optimum supportable global population: water accounting and dietary considerations. Environment, Development and Sustainability, 8(3), 313–349.

    Article  Google Scholar 

  • Thomas, E., & Amadei, B. (2010). Accounting for human behavior, local conditions and organizational constraints in humanitarian development models. Environment, Development and Sustainability, 12(3), 313–327.

    Article  Google Scholar 

  • Ul Haq, S., & Boz, I. (2019). Measuring environmental, economic, and social sustainability index of tea farms in Rize Province, Turkey. Environment, Development and Sustainability. https://doi.org/10.1007/s10668-019-00310-x.

    Article  Google Scholar 

  • Uribe, M. (2010). Caracterización de la evolución en el concepto de la contabilidad durante los últimos 20 años. Bogotá: Pontificia Universidad Javeriana.

    Google Scholar 

  • Van Thanh, N., Chamorro, C., Hens, L., & Lan, T. (2016). The widening concept of “cleaner production”. Cultura Educación y Sociedad, 7(2), 9–25.

    Article  Google Scholar 

  • Vela, J. (1996). Latest developments in local government accounting in Spain. Financial Accountability & Management, 12(3), 205–224. https://doi.org/10.1111/j.1468-0408.1996.tb00423.x.

    Article  Google Scholar 

  • Viveros, H. (2016). Examining stakeholders’ perceptions of mining impacts and corporate social responsibility. Corporate Social Responsibility and Environmental Management, 23(1), 50–64.

    Article  Google Scholar 

  • Von Bischhoffshausen, W. (2016). Una visión general de la contabilidad ambiental. Contaduría Universidad de Antioquia, 29, 139–170.

    Google Scholar 

  • Wirth, H., Kulczycka, J., Hausner, J., & Koński, M. (2016). Corporate social responsibility: Communication about social and environmental disclosure by large and small copper mining companies. Resources Policy, 49, 53–60.

    Article  Google Scholar 

  • Wu, X., Zhang, L., & Luo, M. (2018). Current strategic planning for sustainability in international shipping. Environment, Development and Sustainability. https://doi.org/10.1007/s10668-018-00303-2.

    Article  Google Scholar 

  • Yongtae, K., Siqi, L., Carrie, P., & Luo, Z. (2013). The role of accounting conservatism in the equity market: Evidence from seasoned equity offerings. The Accounting Review, 88(4), 1327–1356. https://doi.org/10.2308/accr-50420.

    Article  Google Scholar 

Download references

Author information

Authors and Affiliations

  1. Universidad Católica Luis Amigo, Medellín, Colombia

    Candy Chamorro Gonzalez & Ketty Herrera Mendoza

  2. Universidad de la Costa (CUC), Barranquilla, Colombia

    Candy Chamorro Gonzalez & Ketty Herrera Mendoza

Authors
  1. Candy Chamorro Gonzalez
    View author publications

    You can also search for this author in PubMed Google Scholar

  2. Ketty Herrera Mendoza
    View author publications

    You can also search for this author in PubMed Google Scholar

Corresponding author

Correspondence to Candy Chamorro Gonzalez.

Additional information

Publisher's Note

Springer Nature remains neutral with regard to jurisdictional claims in published maps and institutional affiliations.

Rights and permissions

Reprints and permissions

About this article

Check for updates. Verify currency and authenticity via CrossMark

Cite this article

Chamorro Gonzalez, C., Herrera Mendoza, K. Green accounting in Colombia: a case study of the mining sector. Environ Dev Sustain 23, 6453–6465 (2021). https://doi.org/10.1007/s10668-020-00880-1

Download citation

  • Received:

  • Accepted:

  • Published:

  • Issue Date:

  • DOI: https://doi.org/10.1007/s10668-020-00880-1

Keywords

Search

Navigation