Author(s)

Abu Kai Kamara, Eugene Efayomi Pratt

Department of Accounting and Finance, Fourah Bay College, School of Post Graduate Studies, University of Sierra Leone, Freetown, Sierra Leone.

This study provides an assessment of the operationalization of Environmental Management Accounting (EMA) at Sierra Mineral Holdings Limited in Sierra Leone. Explicitly, this piece of work suggests strategies for the application of environmental management accounting systems practices that have been adopted by the management and how corporate social responsibilities are adopted. The findings of this study indicated that there is a high responsiveness to the importance and effectiveness of environmental management accounting and the application of codes of best practices to environmental practice. However, the government being the regulatory body should require the mining company to have a mitigation plan with clearly mapped out strategies that would be implemented to minimize the misery to endanger species not to be extinct in the near future, and Topography and Noise performance indicators should be closely monitored by the government. The poor performance of the company not having a well-coordinated environmental system in place and the control systems to reduce emissions to a tolerable level should also be monitored by the government as these factors have the potential to cause serious environmental degradation and will have a negative effect on human lives in the community. The management of Sierra Mineral Holdings Limited should prepare a mitigation plan with clearly mapped-out strategies with deliverable timelines on the Wildlife Protected Areas and Cultural Properties protection; and enhance Topography and Noise indicators to improve the application of the Code of Best Practice and application of Environmental Management Accounting to an acceptable norm.

Environmental Management Accounting (EMA), Operationalization, Environmental Stakeholders

Kamara, A.K. and Pratt, E.E. (2023) A Study on the Operationalization of Environmental Management Accounting within Sierra Mineral Holdings Limited in Sierra Leone. Open Access Library Journal, 10, 1-22. doi: 10.4236/oalib.1109825.