+ENVIRONMENT MANAGEMENT ACCOUNTINGCLEAN AND COMPETITIVE+Did You Know That... Many businesses, even large and well!anaged "nes, signi#$an%ly underes%i!a%e %&e a!"un% and value $"s% '"r buying, (r"$essing and !anaging ("r%i"n "' (r"du$%i"n in(u%s %&a% g"es in%" was%e "r dis$arded as s$ra( su$& as raw !a%erials, au)iliary !a%erials "r wa%er, energy and %&e lab"ur $"s% "' (r"$essing* +i%&"u% %&e abili%y %" is"la%e and se(ara%e %&is ("r%i"n "' %&e "verall $"s% 'r"! %&a% "' (r"du$%i"n, $"!(anies $ann"% !anage and redu$e &idden envir"n!en%al $"s%s +What is Environmental Management Accounting (EMA)? ,-EMA. serves business !anagers in !a/ing $a(i%al inves%!en% de$isi"ns, $"s%ing de%er!ina%i"ns, (r"$ess0(r"du$% design de$isi"ns, (er'"r!an$e evalua%i"n and a &"s% "' "%&er '"rwardl""/ing business de$isi"ns*1 In "%&er w"rds, EMA is si!(ly a be%%er and !"re $"!(re&ensive a((r"a$& %" !anage!en% a$$"un%ing, wi%& a (ar%i$ular '"$us "n $"s%s rela%ed %" was%ed raw !a%erials and "%&er envir"n!en%al issues*+What are the Potential Benefits of EMA? EMA In'"r!a%i"n 2ys%e!s &el( $"!(anies %" M"re a$$ura%ely %ra$/ and !anage raw !a%erials, energy, and was%es* M"re a$$ura%ely iden%i'y, es%i!a%e and !anage $"s%s, (ar%i$ularly $"s%s "' was%ed raw !a%erials and !anage!en% "' was%e s%rea!s* 3e%%er !easure and re("r% envir"n!en%al and #nan$ial (er'"r!an$e, %&us i!(r"ving $"!(any i!age wi%& $us%"!ers, inves%"rs, #nan$ial ins%i%u%i"ns, e!(l"yees, $"!!uni%ies, envir"n!en%al "rgani4a%i"ns, and g"vern!en%* EMA da%a are (ar%i$ularly valuable '"r !anage!en% in !a/ing s"und (r"du$%, (r"$ess "r inves%!en% (r"5e$% de$isi"ns* +T&e End6ues%i"ns7