Abstract:
Climate change has been a global issue in the 21st
century. A change in climate around the world is the trigger
for global warming. The negative effect of global warming
could be catastrophic for human kind. The development of
technology and the rise of industries all over the world are
the inevitable situations of global warming and climate change.
The very real impact of both situations is on the environment.
Lately, there is often a flood disaster that is almost evenly
distributed throughout the world, not to mention landslides
or other natural disasters. Indirectly, these disasters are the
result of climate change which causes global warming
happening around the world. Carbon accounting creates a
competitive advantage for companies. Policy makers in
companies and institutions nowadays are relying on carbon
accounting to take decisions regarding climate change and
environmental conservation. The important of this study is to
demonstrate the significance of carbon accounting as a
reflection to climate change in manufacturing industries and
how it relates to risk management. The study also shows the
readiness of industries in managing carbon accounting to
mitigate the impact of climate change on the environment and
raising the awareness of investors.
