An examination of the effect of environmental management accounting on operational efficiency: A study of Lafarge Africa Plc
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Background of the Study
Environmental management accounting (EMA) is a critical aspect of modern business strategies, especially for companies operating in industries with significant environmental impacts, such as cement production. Lafarge Africa Plc, a leading cement manufacturer in Nigeria, faces environmental challenges due to the energy-intensive nature of its operations and the potential environmental damage from carbon emissions and waste generation. EMA involves the integration of environmental costs into management accounting systems to improve resource utilization, reduce waste, and enhance sustainability practices (Oke & Olatunji, 2023). Lafarge has adopted EMA practices to monitor and manage its environmental footprint while simultaneously improving operational efficiency. This involves tracking both direct environmental costs (e.g., waste disposal, pollution control) and indirect costs (e.g., resource consumption, energy usage), with the aim of optimizing processes and achieving cost savings (Ibrahim et al., 2024). The implementation of EMA can help Lafarge identify inefficiencies in its operations, reduce environmental impacts, and improve long-term profitability. However, while the company has made strides in incorporating sustainability into its operations, the extent to which EMA contributes to operational efficiency is still a subject of ongoing debate. This study aims to examine the relationship between EMA practices and operational efficiency at Lafarge Africa Plc.
Statement of the Problem
Despite the growing adoption of EMA in the cement industry, Lafarge Africa Plc faces challenges in fully integrating environmental costs into its operational decisions. While EMA holds potential to enhance operational efficiency, there is limited empirical evidence on its effectiveness in improving productivity, reducing costs, and promoting sustainable practices within the company. There is a need to assess how EMA contributes to the overall operational performance of Lafarge Africa, particularly in terms of reducing inefficiencies and achieving sustainability targets. This study seeks to investigate the role of EMA in improving operational efficiency at Lafarge Africa Plc.
Objectives of the Study
- To evaluate the impact of environmental management accounting on operational efficiency at Lafarge Africa Plc.
- To identify the key EMA practices adopted by Lafarge Africa Plc to improve operational efficiency.
- To recommend strategies for enhancing the role of EMA in improving operational efficiency at Lafarge Africa Plc.
Research Questions
- How does environmental management accounting affect operational efficiency at Lafarge Africa Plc?
- What are the key EMA practices implemented by Lafarge Africa Plc to enhance operational efficiency?
- How can Lafarge Africa Plc improve its EMA practices to achieve greater operational efficiency?
Research Hypotheses
- Environmental management accounting significantly improves operational efficiency at Lafarge Africa Plc.
- The integration of EMA practices in Lafarge Africa Plc results in cost savings and reduced resource consumption.
- Strengthening EMA practices at Lafarge Africa Plc will lead to enhanced operational performance and sustainability.
Scope and Limitations of the Study
This study focuses on Lafarge Africa Plc and evaluates the impact of environmental management accounting on operational efficiency. Data will be collected from Lafarge’s internal records, financial reports, and sustainability reports over the past five years (2020-2025). Limitations include the availability of detailed environmental cost data and potential bias in company-provided information.
Definitions of Terms
- Environmental Management Accounting (EMA): The process of incorporating environmental costs into management accounting to improve decision-making and operational efficiency.
- Operational Efficiency: The ability of a company to deliver products or services at the lowest possible cost while maintaining high levels of quality and performance.
- Sustainability: The practice of managing resources in a way that supports long-term environmental, social, and economic well-being.
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