An Evaluation of Environmental Accounting Information and Financial Performance of Listed Manufacturing Firms in Nigeria

Environmental accounting information plays a critical role in evaluating manufacturing firms' financial performance, particularly in environmental development, pollution control, and waste management. This study examines the relationship between environmental accounting information and the financial performance of listed manufacturing firms in Nigeria, using secondary data from annual reports between 2015 to 2022. Descriptive statistics and multiple regression analysis are employed to analyze the data. The findings of the study reveal that environmental accounting information significantly impacts the financial performance of manufacturing firms. Specifically, firms prioritizing investment in ecological development and adopting new techniques and environmental accounting practices tend to have improved financial performance. This underscores the importance of incorporating environmental considerations into financial management practices in the manufacturing sector. The study suggests that manufacturing companies in Nigeria should prioritize investment in ecological development and adopt advanced environmental accounting practices to enhance their financial performance. This may involve the implementation of advanced software solutions to reduce costs associated with pollution management. The study contributes to the literature on environmental accounting and financial performance, providing valuable insights for policymakers and practitioners in the manufacturing sector in Nigeria and beyond.