Editors' choice: The debits & credits of biological, carbon & ecological accounting

The articles in this virtual issue will be free to access from 1–31 May, 2021.

The world has entered the sixth period of mass extinction driven, in large part, by irresponsible human behaviour. Creating awareness of the need to prevent habitat destruction and the loss of species cannot be left the scientific community alone. Accountants can and must play a key role in changing business mindsets if an environmental disaster is averted.

Three special issues in Accounting, Auditing and Accountability Journal make a case for and explore the efficacy of emerging forms of accounting and reporting to mitigate, at least in part, the effects of climate change, biological degradation and mass extinction. These include biodiversity reporting (Jones and Solomon, 2013), ecological accounting (Russell et al., 2017) and extinction accounting (Atkins and Maroun, 2018). The collection of papers below have been selected to iterate the calls by the three AAAJ special issues for additional research on how accounting, auditing and mechanisms of accountability can be used to promote a genuine commitment to long-term environmental responsibility.

The selection is, by no means, a complete list of the environmental accounting research. AAAJ papers selected because of their focus on the technical features of accounting, which can be mobilised to support sustainable development. The intention is not to marginalise the prior research advancing theoretical and empirical contributions but to engage with the practitioner community and encourage more normative research offering practical recommendations for operationalising new accounting and accountability methods.

Selection of papers