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EPA ENVIRONMENTAL ACCOUNTING PROJECT WINS VICE PRESIDENT'S HAMMER AWARD

Release Date: 03/23/2000
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FOR RELEASE: THURSDAY, MARCH 23, 2000
EPA ENVIRONMENTAL ACCOUNTING PROJECT
WINS VICE PRESIDENT'S HAMMER AWARD

In recognition of its accomplishments in changing how many businesses account for their environmental costs, the EPA Environmental Accounting Project will receive Vice President Gore's Hammer Award on March 23 at the National Pollution Prevention Roundtable Spring Conference in Boston, Mass. The Hammer Award honors teams that have made significant contributions in support of the President's National Partnership for Reinventing Government. The Environmental Accounting Project has been extremely successful in contributing to major change in corporate management accounting practices, new general accounting professional standards and, in many cases, has fundamentally changed the way many companies do business. By closely tracking these environmental costs, business managers gain the financial information necessary to justify investments in cleaner technologies. Since EPA neither regulates internal accounting procedures nor has the expertise to address them directly, the project mobilizes the knowledge, enthusiasm, and resources of the accounting, business, engineering, academic, research, and environmental communities. In cooperation with these communities, the project has aided the development of a wide variety of environmental accounting resources such as an information exchange, desktop software, training curricula, guidance manuals, and case studies. For more information, see: www.epa.gov/oppt/acctg

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