1-Introduction:

Environmental accounting is the practice of incorporating principles of

environmental management and conservation into reporting in cost &benefit
analysis. Elements of the environment are so much vulnerable today. As the
development of our society is increasing, the negative impact on our
environmental elements is also increasing.
Almost 97% of the total medicine requirements of the local market is
fulfilled by this sector. This industry also exports medicine to the global
market and day by day this industry is increasing.
According to the Wikipedia -----

Type
of
manufacturer
Allopathic
manufacturer

drug 199

Current
manufacture
status
Functional

Ayurvedic
manufacturer
Unani
manufacturer
Herbal
manufacturer

drug 172

Functional

drug 269

Functional

drug 29

Functional

drug 28

Functional

Homoeopathic
manufacturer

the

Number
of
manufacturer

the

Environmental costs are-population cost, global environmental

protection costs, resource circulation costs, upstream or downstream costs,
administration costs, research and development costs, social activity costs,
environmental remediation costs.Environmental accounting as defined under
these guidelines consists of the following structural elements with the
purpose of attaining two types of benefits derived from costs incurred from
the environmental conservation activities during the regular course of
business

2-Objectives of the project:

To identify the present major environmental activities of the

Pharmaceutical companies in Bangladesh.
To calculate the costs incurred by the pharmaceutical companies
related with the environment that is given in the accounting report.
To understand what necessary steps they are taking to protect the
environmental interest.
To examine the present legal structure for environmental protection in
Bangladesh.

3-Methodology of the project:

This project report will be based on the secondary data and will be analytical,
which will be derived from the annual report and different kinds of journals,
published reports, magazines published by them. internet will be used.

3.1-Data sources and the sample size:

Though all of the pharmaceutical companies need to analyze to gain
better knowledge about the environmental accounting practices. The data will
be collected for the purpose of the study involve the examination of Environmental Accounting
performance and activities of selected pharmaceutical companies. we will select 10
pharmaceutical companies annual report of 2014 and 2015 to understand
the overall environmental accounting practices in Bangladesh.

3.2-Name of the selected pharmaceutical companies:

Number of
the
Companies
01
02
03
04
05
06

Name of the companies

Square Pharmaceuticals Ltd

Beximco Pharmaceuticals Ltd
Renata Pharmaceuticals
Acme Pharmaceuticals (pvt) Ltd
A.C.I. Pharmaceuticals Ltd
Cosmo Pharma Laboratories Ltd

07
Globe Pharmaceuticals Ltd
08
Incepta Pharmaceuticals Ltd
09
Eskayef Pharmaceuticals Ltd
10
Opsonin Pharma
4-Limitations of the project:
While the present evidence will have supplied useful information about
the environmental accounting practices in Bangladesh, it may have several
limitations that must be acknowledged. Annual report may not provide
specific cost related with the environment. Sometimes it may include false
information. Again there may be unavailability of the related annual report or
different kind of journals.

5-Structure of the project:

Number of
the
chapters

Name of the chapters

Chapter 1

Introduction of the project.

Chapter
Chapter
Chapter
Chapter

Objective of the project.

Methodology of the project.
Legal framework in practicing the environmental accounting
Analysis of the different kinds of pharmaceutical companies.

2
3
4
5

Chapter 6
Chapter 7
Chapter 8

Findings of the project.

Recommendations and conclusions
Appendix.

6-Conclusion:
The project report is aimed at providing a comprehensive picture about
the practices of environmental accounting in the selected pharmaceutical
companies of Bangladesh. Almost most of the companies are not practicing
the standard environmental accounting but the consciousness of

using environmental accounting is increasing day by day.

7-References:
1. Belal, A. R. (2000). Environmental Reporting in Developing Countries:
Empirical Evidence from Bangladesh. Eco-Management and Auditing.

2. Belal, A.R. (1997) Green Reporting Practices in Bangladesh, The

Bangladesh Accountant, January March
3. Bose,S. (2006)Environmental Accounting and Bangladesh Oil, Gas and
Mineral Corporation Reporting in Fossil Fuel Sector: A study on(Petro
Bangla) . 4.The Cost & Management Choi JS. 1998. An evaluation of
the voluntary corporate environmental disclosures a Korean Evidence.
Social and EnvironmentalAccounting18(1): 2-7.