IIARD International Institute of Academic Research and Development

Journal of Accounting and Financial Management (JAFM )

E-ISSN 2504-8856
P-ISSN 2695-2211
VOL. 11 NO. 3 2025
DOI: 10.56201/jafm.vol.11.no3.2025.pg264.272

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The Implementation of Carbon Accounting in Nigerian Companies and Its Impact on Sustainability

Joyce Pwagusadi SOLOMON PhD, Abdullahi AHMED PhD

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Abstract

This research examines the adoption of carbon accounting in Nigerian companies and their individual impacts on sustainability. The study employed a mixed-methods research design, evaluating the level of adoption of carbon accounting, establishing factors influencing its integration, adoption and measuring its impact on sustainability measures. The findings revealed that carbon accounting awareness is high but adoption levels vary widely across industries. Key drivers and barriers are regulatory pressure and finance limitations, while organisational culture and leadership support have key roles in ensuring adoption. Of the recommendations suggested are among others, enhancing stronger regulatory systems, providing capacity-building training and infrastructure, and enhancing a perception of sustainability. The findings add further evidence to the literature on carbon accounting and sustainability with valuable insights for policymakers, business leaders, and stakeholders in Nigeria and beyond.

keywords:

Organisational culture, Leadership commitment, Carbon accounting, Sustainability

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