ENVIRONMENTAL MANAGEMENT ACCOUNTING (EMA) AND STAKEHOLDER PRESSURE AS SUCCESS FACTORS FOR SUSTAINABILITY COMPANY’S PERFORMANCE

Abstract

Stakeholders put pressure on the company to increase environmental awareness. That is in line with an environmental management system that allows companies to manage, measure, and sustainably improve aspects of their operations to avoid a decrease in environmental performance. In the implementation, Environmental Management Accounting (EMA) was to direct policies in improving company performance. The research objective was to analyze the effect of EMA and stakeholder pressure on the company's operational handling. The discussion consists of: First, the concept of the relationship between SDGs and EMA; Second, the quantitative test results regarding the effect of EMA and stakeholder pressure on the company's operational handling; Third, suggestions from stakeholder perspectives regarding EMA implementation. This research uses quantitative methods obtained from the company's internal and external stakeholder questionnaires. The results indicate that stakeholder pressure and the application of EMA cause the company's operational handling of the environment to be more effective and efficient