Wang B., 2015, Accounting of External Environmental Cost of Enterprise Based on Integration of MFCA and LIME, Chemical Engineering Transactions, 46, 1213-1218.
China’s ecosystem is facing unprecedented challenges under the global context of aggravating environmental pollution. As a way to measure the environmental cost of an enterprise, accounting of external environmental cost is now under intensive study. Based on existing literature, we integrate material flow cost accounting (MFCA) and life-cycle impact assessment method (LIME) and establish the model for the accounting of external environmental cost of an enterprise. The model is verified through application to a specific case. The results show that the integration of MFCA and LIME is an effective method for accounting of external environmental cost of an enterprise. It helps to find out the factors that need to be improved to contribute to the environmental protection and the cost structure is clarified. This provides the information necessary for the enterprise to develop towards the goals of lower energy consumption, lower pollution and lower emissions.
