Developments in health and safety accounting at Baxter International

In: Eco-management and auditing, Band 8, Heft 4, S. 229-239

Abstract

AbstractCost effective management relies upon a systemic and fully integrated understanding of which corporate actions lead to specific financial results. It is particularly relevant for hidden and underemphasized costs. This case study presents the efforts of corporate environment, health and safety staff at Baxter International to design a health and safety accounting system in 1998. Bringing together activity‐based costing and information technology to build an integrated data system, they have achieved an evolution beyond their benchmark environmental accounting system. Copyright © 2001 John Wiley & Sons, Ltd and ERP Environment.