Role of Management Accounting in Raising ESG Integration

Abstract

The traditional role of management accounting has diversified to include economic, social, and governance aspects as organizations increasingly recognize the critical relevance of sustainability and responsible corporate practices. This study intends to underline the crucial role played by management accounting in ESG performance as well as integration by conducting a detailed examination of existing research and studies, as well as the different ways in which management accounting facilitates initiatives related to sustainability. The results underscore how crucial management accounting tools are in promoting sustainable practices and facilitating ESG performance. Through recognition of management accounting's function in ESG performance sustainability, businesses may employ these insights to promote favourable social, environmental and financial implications.