GB/T 24051-2020 Environmental management—Material flow cost accounting—General framework

Scope

This standard provides a general framework for Material Flow Cost Accounting (MFCA). Under MFCA, the transfer and storage of materials within an organization are tracked and quantified in physical units (e.g., mass, volume). The results of MFCA can serve as an incentive for organizations and managers to seek opportunities to generate economic benefits while reducing negative environmental impacts. MFCA is applicable to all organizations that use materials and energy, regardless of their products, services, scale, structure, geographical location, or existing management and accounting systems. MFCA can be extended to other organizations in the supply chain, including upstream and downstream entities, which helps establish a comprehensive program for improving material and energy efficiency. Such extension is beneficial because an organization's waste generation often stems from the nature or quality of materials provided by suppliers or the product characteristics demanded by customers. By definition, management accounting and environmental management accounting (EMA) aim to provide information for internal decision-making. MFCA, as a key EMA tool, can also provide information for internal decision-making, but it tends to establish a comprehensive model for environmental management and management accounting. Although organizations can incorporate external costs into MFCA analysis, the scope of this standard does not include external costs. The MFCA framework provided in this standard includes general terms, objectives and principles, basic elements, and implementation steps. However, specific calculation procedures or technical information for improving material and energy efficiency are beyond the scope of this standard. This standard is not intended for third-party certification purposes.

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