Environmental accounting, also known as ecological accounting or green accounting, refers to the practice of incorporating environmental factors and impacts into financial accounting systems. This practice can help companies and organizations measure their environmental performance, identify areas for improvement, and make more informed decisions regarding sustainability. Synonyms for environmental accounting include sustainability accounting, carbon accounting, life-cycle accounting, eco-efficiency accounting, and environmental performance accounting. Each of these terms emphasizes a particular aspect of environmental accounting, such as focusing on greenhouse gas emissions, the full supply chain of a product, or overall environmental performance. Regardless of the specific term used, environmental accounting is an essential tool for businesses and organizations committed to sustainability and minimizing their environmental impact.