PENGARUH PENERAPAN GREEN ACCOUNTING TERHADAP KINERJA KEUANGAN PADA PERUSAHAAN SEKTOR PERTAMBANGAN YANG TERDAFTAR DI BEI PERIODE 2019-2023

This study aims to analyze the effect of green accounting implementation on the financial performance of mining companies listed on the Indonesia Stock Exchange (IDX) during the 2019–2023 period. Green accounting is measured by environmental costs, while financial performance is proxied by Return on Assets (ROA). This research uses a quantitative approach with secondary data obtained from annual and sustainability reports. The sample was selected using purposive sampling, resulting in 11 companies with a total of 55 observations. The data were analyzed using simple linear regression. The results show that green accounting has no significant effect on the financial performance of the companies. The coefficient of determination (R²) value is 0.0110, indicating that only 1.10% of the variation in ROA is explained by environmental costs, while the remaining 98.90% is explained by other factors outside the model. The negative adjusted R² value of -0.0076 further confirms that the model is weak in explaining the relationship between the variables. These findings suggest that green accounting practices in the mining sector have not yet contributed significantly to company profitability.

Keywords: Green Accounting, Environmental Costs, Return on Assets (ROA), Financial Performance, Mining Companies.