Incorporating sustainability impacts in capital investment decisions: survey evidence

Vesty, G 2013, Incorporating sustainability impacts in capital investment decisions: survey evidence, CPA Australia, Australia


Document type: Commissioned Reports
Collection: Commissioned Reports

Title of report Incorporating sustainability impacts in capital investment decisions: survey evidence
Author(s) Vesty, G
Year of publication 2013
Publisher CPA Australia
Place of publication Australia
ISBN 9781921742439
Subjects Sustainability Accounting and Reporting
Abstract/Summary TWith the increasing prominence given to sustainability issues confronting organisations, an interesting question emerges as to how (if at all) organisations are incorporating sustainability issues into their capital budgeting decision models and organisational processes. This report reveals that sustainability-related developments are evident in capital investment appraisal practice. In particular, we find that qualitative sustainability attributes are considered alongside the quantitative models and play a role in influencing decisions. Nevertheless, our findings suggest there is still some way to go before sustainability impacts are fully embedded in the capital investment appraisal tools and organisational practice. In conclusion we find, somewhat surprisingly, that the role of accounting in this process remains on the boundary of sustainability-related capital investment developments, focused largely on servicing cost management traditions. Importantly, our work suggests a number of avenues for further investigation.
Commissioning body CPA Australia
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