Digital Green Banking and the Shift in Environmental Accountability: A FinTech-Accounting Integration

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Published: 2025-10-22
DOI: https://doi.org/10.53555/jtar.v21i2.34
Keywords:
Digital Green Banking, Management Accounting, Environmental Accountability, FinTech Integration, Sustainability Performance

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Dr. Manoj P. K.
Advocate Varun Goel
Radhika Sandhad
Ankita Mongia

Abstract

Financial sector digital transformation has supported the emergence of green banking by combining environmental concerns with sustainability-focused financial operations. Management accounting, more accountable for environmental cost monitoring and performance assessment, offers a critical platform for internal accountability. This study aims to investigate how digital green banking practices enabled by FinTech tools can be integrated into management accounting systems to enhance environmental accountability. A mixed-methods design was used, which integrated quantitative surveys of 200 respondents with qualitative interviews and secondary analysis of data. Findings show that adoption of FinTech enhances the accuracy of environmental costs, reporting timeliness, and budgeting for sustainability, with statistical testing yielding statistically significant associations. Case-based evidence reveals diverse uses across commercial, development, and cooperative banks, with quantifiable gains in accountability and efficiency. Evidence indicates that integrating digital green banking transforms the function of management accounting, promoting it as a key enabler for the integration of sustainability into strategic decision-making.


 

Article Details

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Vol. 21 No. 2 (2025): Journal of Theoretical Accounting Research

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Articles
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This work is licensed under a Creative Commons Attribution 4.0 International License.

Author Biographies

Dr. Manoj P. K.

Professor and  Head, Department of Applied Economics, Cochin University of Science and Technology (CUSAT), Kochi, Kerala - 682 022 ORCID ID: 0000-0002-5710-1086 manoj_p_k2004@yahoo.co.in

Advocate Varun Goel

District Court, Jagadhri, Haryana, India | Punjab & Haryana High Court, Chandigarh, India Criminal Defense Counsel

advocatevarungoel@gmail.com

Radhika Sandhad

Assistant Manager Department of Banking and Operations, Union Bank of India sandhadradhika@gmail.com

Ankita Mongia

Manager Department of Banking and Operations, Union Bank of India er.ankitasharma1988@gmail.com

How to Cite

Digital Green Banking and the Shift in Environmental Accountability: A FinTech-Accounting Integration. (2025). The Journal of Theoretical Accounting Research, 21(2), 110-118. https://doi.org/10.53555/jtar.v21i2.34

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