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University Library, University of Illinois at Urbana-Champaign

Pollution Prevention 101: P2/Environmental Cost Accounting

Resources for pollution prevention (P2) technical assistance providers. Geared particularly toward those new to the P2 field.

Introduction

Environmental full-cost accounting (EFCA) is a cost accounting method traces direct costs and allocates indirect costs by collecting and presenting information about the possible environmental, social and economic costs and benefits or advantages (triple bottom line) for each proposed alternative. It is also known as true-cost accounting (TCA). The resources on this page will help companies calculate the financial impact of pollution prevention projects and the true cost of their current operations. Although many of them are older, the techniques they describe are still valuable for today's practitioners. 

You will also find the subject of  environmental cost accounting covered in publications dealing with total quality environmental management and ISO 14000.