The Reality of Implementing Environmental Accounting in a Sample of Food Industry and Animal Production Companies in the City of Benghazi

Abstract

 This study aims to identify the reality of applying environmental accounting in a sample of food industry and livestock production companies in the city of Benghazi. A questionnaire was used as the primary data collection tool, and a comprehensive survey method was adopted. The study population consisted of board members and employees in the financial departments of five companies operating in the food and livestock sectors in Benghazi. A total of (37) questionnaires were distributed, from which (30) valid responses were retrieved for analysis. The study concluded that the surveyed food industry and livestock production companies do apply environmental accounting. This is evidenced by their management's sufficient awareness of the importance of environmental accounting, the availability of internal policies and procedures for its implementation, and their practice of measuring and controlling pollution costs, such as installing filters, treating waste, and recycling. Furthermore, these companies disclose environmental information clearly and comprehensibly in their annual reports. The study recommends the necessity of increasing investment in training and qualifying accountants in the field of environmental accounting to update their skills and keep them abreast of the latest developments in this area.