Al-Hikmah University Journal

The response of firms to environmental liabilities has brought about the reconfiguration of corporate performance indices in a larger context under the subtle influence of environmental and social factors, in order to develop a holistic view of an entity’s performance. This study, therefore, examined the implication of environmental accounting practices on corporate sustainability in Nigeria. The study raised three hypotheses and adopted ex-post facto method, while 12 years (2007-2018) annual reports of 11 selected fast moving consumer goods manufacturing companies in Nigeria were analysed, using content analysis and Pearson product moment correlation coefficient, with the aid of the Statistical Package for Social Scientists (SPSS 23.0). The findings of the study revealed that there are significant relationships between environmental accounting practice and economic sustainability, social sustainability, and ecological sustainability in fast moving consumer goods manufacturing companies in Nigeria. This study, therefore, recommended among others that corporate organisations in Nigeria should extend their management accounting and financial reporting systems to environmental accounting as a way of ensuring long-run corporate sustainability.