The Research on Enterprise Environmental Management and Resource Value Flow Accounting

To achieve the goals of: (1) reflecting the value information of resource flows and points to the key areas for improvement in an enterprise, (2) providing effective decision-making in environmental and resource management, and (3) showing the direction of the enterprise's sustainable development, this paper develops the resource flow equation which includes three kinds of indicators: (1) resource productivity, (2) the ratio of added value to unit output, and (3) eco-efficiency in three processes which include (1) resource input, (2) resource consumption and recycling, and (3) resource output. The paper then describes an innovative rule for determining the resource flow value and its relationship with resource flow, economic benefits and environmental load through factor interrelated analysis, providing an optimal path for resource flow. The paper finally shows a RFA application pattern which can provide decision-making for environmental management and an enterprise's sustainable development in a recycling economy.