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Relationship between Green Design and Material Flow Cost Accounting in the Context of Effective Resource Utilization

Authors :
Hsieh-Shan Huang
Jui-Che Tu
Source :
Sustainability, Vol 11, Iss 7, p 1974 (2019)
Publication Year :
2019
Publisher :
MDPI AG, 2019.

Abstract

The consumption of fossil fuels has been gradually exhausting resources and deteriorating the environment on a global scale. There are two ways to resolve these problems: The application of green energy and new materials; and the development of energy efficiency techniques such as green design and material flow cost accounting. Material flow cost accounting does not create new sources of energy, but its implementation can encourage the effective use of resources or reduce the consumption of resources, and hence reduce the impact on the environment. The International Organization for Standardization has enacted material flow cost accounting as an international standard, and this will have a profound impact on multinational firms. This paper examines material flow cost accounting in the context of grounded theory, and conducts a case study on the companies which have implemented material flow cost accounting. The purpose of this research is to identify the relationship between material flow cost accounting and green design, and to provide a reference for the production design of the enterprise. After analysis, material flow cost accounting can generate detailed waste data, and provide a green design reference in actual energy conservation. These two outcomes complement each other, and will support achievement of the goal of mutual financial and environmental protection.

Details

Language :
English
ISSN :
20711050
Volume :
11
Issue :
7
Database :
OpenAIRE
Journal :
Sustainability
Accession number :
edsair.doi.dedup.....0dc156753e3ac79da7b0761b94946781