Authors: Sumit Lodhia
Addresses: Centre for Sustainability Governance, University of South Australia (UniSA) Business School, Australia
Abstract: Carbon pricing requires corporations to incorporate carbon-related issues into mainstream practices. Climate change accounting is a tool that corporations can use to achieve this goal. Using of practice theory, this project critically analysed how Australian corporations responded to the carbon tax through changes in their management systems. The impact of the repealing of the carbon tax on the development of the carbon management practice was also examined. In-depth case studies of the carbon management practices of two Australian organisations were undertaken through interviews and document analysis. The findings highlight that having a good prior understanding of carbon management, accompanied by systems and processes, and positive organisational culture and employee attitudes towards climate change, contribute to an effective carbon management practice when rules and regulations on carbon emissions management, reporting and pricing are introduced. These elements enabled the two organisations to take a strategic and long term perspective towards carbon management.
Keywords: carbon management; carbon tax; practice theory; sustainability; critical.
International Journal of Critical Accounting, 2017 Vol.9 No.5/6, pp.481 - 493
Received: 08 May 2021
Accepted: 12 May 2021
Published online: 09 Mar 2018 *