Abstract

This study examined the effects of green accounting on the financial performance of listed consumer goods companies in Nigeria. In recent decades, increasing global concerns about environmental degradation, climate change, and resource depletion have compelled businesses to adopt more sustainable practices. Green accounting an approach that incorporates environmental costs, resource usage, and ecological impacts into financial reporting has emerged as a vital tool for promoting environmental responsibility and corporate sustainability. This study is guided by two specific objectives which include: To determine the effect of environmental protection disclosure on earnings per share of listed consumer goods firms in Nigeria and to ascertain the effect of corporate donations disclosure on earnings per share of listed consumer goods firms in Nigeria. Relevant literatures were reviewed including conceptual, theoretical and empirical literatures. Ex post facto research design was adopted. The population of the study consists of 85 listed firms on the Nigeria Exchange group (NGX) in environmentally sensitive industries. 30 firms were selected using purposive sampling technique. Secondary data was collected from annual reports of selected firms. Descriptive and inferential statistics were used to analyse the data. There is a positive correlation between green accounting variables and financial performance. The study concludes that green accounting practices positively impact firm performance in Nigeria. It was recommended that regulatory agencies such as the Financial Reporting Council of Nigeria (FRCN) and the Securities and Exchange Commission (SEC) should make environmental disclosure compulsory for all listed firms, ensuring consistency and comparability.