Towards a Sustainable Cost Accounting Model: The Emerging Role of the CMAs as Friend of the Earth

Abstract

The debate about the anticipated limit of the global ecosystem to sustain growing environmental impact of human economic activities is not new. Following the publication of the Limits to Growth (Meadows et al., 1972), iL was subjected to both extensive discussions and criticisms appropriate to so fundamental a theme. The resurgence of the debate in the late 1980s (e.g. WCED, 1987), in the 1990s (Earth Summit 1992), and more recently in a McKinsey Re port (See Roy, 2012), however, suggests that the earlier concern about the environment expressed in the Limits to Growth cannot be entirely dismissed.