Analysis the Implementation of Environmental Accounting as a Factor in Business Sustainability (a Case Study of PT. Trigunapratama Abadi)

Abstract

PT Trigunapratama Abadi is a company engaged in the management of hazardous and toxic waste (B3) in accordance with KBLI 38220. It has implemented environmental accounting through various strategies to reduce negative impacts on the environment. This study analyzes the application of environmental accounting as a review of business sustainability at PT Trigunapratama Abadi through the Triple Bottom Line concept. The researcher used a qualitative research model with a descriptive approach; the types of data used in this study were secondary and primary data. The data analysis technique employed, based on the views of Miles and Huberman, involves an interactive qualitative data analysis process conducted continuously until the data is considered saturated. The research results indicate that the implementation of environmental accounting at PT Trigunapratama Abadi already reflects the Triple Bottom Line concept, which encompasses economic (profit), social (community), and environmental (planet) aspects. However, this study also identified challenges during the initial implementation phase, particularly regarding employee understanding and adjustments to the administrative recording system. PT Trigunapratama Abadi has properly allocated its environmental expenses in accordance with PSAK No. 1 of 2015, Presentation of Financial Statements and has prepared a Special Financial Accounting Report, which is specifically explained in the Notes to the Financial Statements (CALK).