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EPR Reference Database

Publication type: Academic Journal Article

Mapping the path to sustainable accounting: a DEMATEL-based analysis of key factors influencing effective extended producer respon...Read more Mapping the path to sustainable accounting: a DEMATEL-based analysis of key factors influencing effective extended producer responsibility in the circular economy

Abstract/summary

This study aims to assess the factors influencing the effective implementation of extended producer responsibility (EPR) practices within the context of sustainable accounting goals and circular economy principles. It seeks to provide insights into the significance of EPR policies for manufacturing industries striving to enhance their environmental, social and governance performance while ensuring sustainable accounting of their business operations.The methodology proposed in this article is based on the decision-making trial and evaluation laboratory (DEMATEL) technique. This approach formulates a structural framework for evaluating influential elements among critical recognized factors. By using DEMATEL, the study examines the interconnectedness between assessed factors through a cause-and-effect diagram, facilitating the integration of EPR into sustainable accounting practices.The research findings reveal that the most impactful contributors to sustainable accounting practices of EPR within the framework of sustainable development goals and circular economy are producers, consumers, eco-design, public awareness and the support of local authorities. These findings underscore the importance of considering these factors in implementing EPR and advancing sustainable accounting practices.This paper contributes to the literature by proposing a DEMATEL-based model for evaluating the factors affecting the implementation of EPR within the context of sustainable accounting goals and circular economy principles.

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Author(s)
Manabhanjan Sahu
Kishan Jee
Furquan Uddin
Alamgir Sani
Satish Chandra Tiwari
Journal
Journal of Accounting & Organizational Change
Year
2024
DOI
10.1108/jaoc-01-2024-0043
URL
https://doi.org/10.1108/JAOC-01-2024-0043
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