DEVELOPMENT OF ENVIRONMENTAL COST ACCOUNTING SYSTEMS TO PROMOTE SUSTAINABLE CONSUMPTION AND PRODUCTION (SDG 12) IN THE LOWER NORTHEASTERN REGION OF THAILAND

Abstract

This research aims to develop an environmental cost accounting system that can promote sustainable consumption and production in the context of the Sustainable Development Goals (SDG 2), focusing on the Lower Northeastern region of Thailand. The study employs a mixed-methods approach, combining quantitative data collection through questionnaires and qualitative data collection in-depth interviews with industrial entrepreneurs, government agencies, and local communities. Data analysis was conducted using basic statistics and content analysis to gain insights into the challenges and opportunities of implementing an environmental cost accounting system in this region. The research findings reveal that entrepreneurs in the Lower Northeastern region of Thailand lack sufficient understanding of using environmental cost accounting systems to manage resources and reduce environmental impacts. However, both entrepreneurs and relevant agencies showed interest in adopting such systems, provided that there is adequate support from the government and proper training. Additionally, the study found that implementing environmental cost accounting systems could encourage more environmentally friendly production and help reduce long-term costs. This study proposes guidelines for developing an environmental cost accounting system that aligns with the economic and social context of the Lower Northeastern region, emphasizing the need for improved training and government support to enhance entrepreneurs' capabilities in effectively utilizing the system. The research outcomes can be applied in planning and developing public policies aimed at sustainable regional development, in line with the United Nations' SDG 12.