Environment accounting is a modern phrase for environmental and natural resource accounting. Other environmental expenses can be raised by sound decision-making and greener technologies if it is used as a resource. The primary goal of this work is to grasp the significance and importance of environmental accounting. One of the most important aspects of corporate social responsibility nowadays is social environmental responsibility. Environmental accounting is an integral part of a company's CSR strategy. While demonstrating how environmental accounting contributes to environmental sustainability is a difficult challenge for any organization, it is being attempted. Organizations must take steps to include renewable accounts at all levels of their operations. The government must take comprehensive measures to guarantee that environmental standards are not violated and that appropriate consequences are imposed. One of the most essential components in a company's social responsibility is its commitment to the globe. In light of this, the study's conceptual analysis focuses on the inadequacies of the standard accounting system and the rationale of environmental accounting on the economy and society as a whole. A limited attempt has been made to shed light on environmental awareness in developing countries such as India and to explore the challenges connected with environmental accounting implementation. Environmental accounting is becoming an increasingly essential component of the accounting agenda within the corporate sector in India, despite certain irregularities, according to the conceptual study. Finally, a conclusion has been reached, along with ideas for resolving the problem.

KEYWORDS: Social Environmental Responsibility, Economic Development, Environment Protection, Environmental Accounting, Environmental Sustainability.