International Journal For Multidisciplinary Research

E-ISSN: 2582-2160     Impact Factor: 9.24

A Widely Indexed Open Access Peer Reviewed Multidisciplinary Bi-monthly Scholarly International Journal

Call for Paper Volume 8, Issue 4 (July-August 2026) Submit your research before last 3 days of August to publish your research paper in the issue of July-August.

Review of Opportunities and Challenges of Green Accounting in India

Author(s) Ms. Anvesha Dubey, Prof. S.K. Mishra
Country India
Abstract This thorough review of the literature explores the possibilities and obstacles of green accounting methods in India in the context of rapid industrialisation and environmental concerns. By examining 25 studies published between 1996 and 2025, this study shows that traditional Gross Domestic Product (GDP) assessments often overstate economic prosperity by disregarding the depletion of natural capital. The study identifies key regulatory advancements, such as the SEBI's Business Responsibility and Sustainability Reporting (BRSR) framework, the MoSPI's System of Environmental-Economic Accounting (SEEA), and the Companies Act 2013. Despite those accomplishments, significant obstacles remain, including expensive implementation expenses for Small and Medium Enterprises (SMEs), subjectivity in environmental assessment, and a lack of defined reporting guidelines. Emerging trends, including the integration of Artificial Intelligence (AI) and blockchain for ESG tracking, offer promising solutions. The paper concludes with recommendations for national standards, capacity building for SMEs, and the institutionalisation of green GDP pilots to support India’s net-zero 2070 goals.
Keywords Keywords: Green Accounting, India, Sustainable Development, Environmental Disclosure, ESG Reporting, Natural Capital.
Field Business Administration
Published In Volume 8, Issue 4, July-August 2026
Published On 2026-08-10
DOI https://doi.org/10.36948/ijfmr.2026.v08i04.85291

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