Unveiling the Future of Environmental Management Accounting: A Systematic Review of Trends and Innovations

Environmental Management Accounting (EMA) has become a crucial tool in helping businesses align their financial strategies with environmental sustainability. As the demand for transparency in corporate environmental performance grows, innovations in EMA systems have emerged to address the complexities of environmental impact tracking and reporting. This systematic review explores the latest trends and technological advancements that are shaping the future of EMA, including big data integration, blockchain technology for transparency, and the harmonization of sustainability reporting standards. Furthermore, the review identifies challenges such as data complexity and regulatory compliance, while offering insights into future directions for enhancing EMA practices. By leveraging these innovations, organizations can improve their environmental accountability and contribute to the global sustainability agenda.