Send message to Authors

Paper short abstract:

Integrating environmental sustainability practices such as environmental management accounting, environmental performance assessment into the daily management portfolios of manufacturing companies is a catalyst for sustainable development and environmental protection in the world.

Paper long abstract:

Integrating sustainable development practices such as environmental management accounting, environmental performance assessment and corporate social performance into the daily management portfolios of businesses has acted as a catalyst for social research in business settings. Especially to ensure manufacturing companies change their modus operandi to environmentally friendly, green manufacturing. However, many manufacturing companies have failed to go green. This paper, therefore, explores the challenges manufacturing companies (MCs) face in their efforts to have the best environmental sustainability practices (ESPs) and the effects of environmental sustainability practices on the socio-economic performance of manufacturing companies in urban Ghana. The study involved six manufacturing companies. Using a cross-sectional design with a two-stage sampling technique, 600 respondents were selected from the six companies. An ANOVA with Friedman's Test for Significance was used test the relationship between the challenges of ESPs and the socio-economic performance of the MCs. The result shows a significant negative relationship between the socioeconomic performance of manufacturing companies and their ESPs. It is concluded that the challenges to environmental sustainability practices negatively relate to the socio-economic performance of manufacturing companies. As per the findings of the study it is recommended that the Ministry of Environment, Science, Technology and Innovation as well as Environmental Protection Agency engage in a dialogue with the manufacturing companies for amicable solutions to the Challenges, they face in their quest to go into green manufacturing.