Abstrak

Background: This study is motivated by the growing attention to the SDGs. The energy sector was selected due to its economic importance and significant environmental impacts, making sustainable accounting practices relevant to achieving the SDGs.

Objective: This study analyzes the influence of green accounting, material flow cost accounting, and environmental disclosure on the Sustainable Development Goals (SDGs) in energy sector companies listed on the Indonesia Stock Exchange during 2021–2025.

Research Methods: Purposive sampling was used, resulting in 9 companies selected for analysis. EViews 13 was used for data processing and hypothesis testing, with panel data regression, simultaneous testing, partial testing, and coefficient of determination as the data analysis techniques. The Random Effect Model was used to examine the influence of green accounting, material flow cost accounting, and environmental disclosure on the Sustainable Development Goals (SDGs).

Research Results: The results show that green accounting and environmental disclosure have significant effects on the Sustainable Development Goals (SDGs), while material flow cost accounting has no significant effect on the SDGs. Simultaneously, green accounting, material flow cost accounting, and environmental disclosure have a significant effect on the SDGs. These findings suggest that companies should strengthen the implementation of green accounting and environmental disclosure to support the achievement of the SDGs.

Originality/Novelty of Research: This study provides insights for companies to improve sustainable accounting practices to support the achievement of the SDGs. This study also supports stakeholder theory and agency theory in explaining the importance of environmental responsibility, transparency, and accountability in sustainable development

Keywords: Green Accounting, Material Flow Cost Accounting, Environmental Disclosure, Sustainable Development Goals (SDGs).