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Climate change and mandatory carbon reporting: Impacts on business process and performance

Research output: Contribution to journalArticlepeer-review

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Climate change and mandatory carbon reporting : Impacts on business process and performance. / Tang, Samuel Wa Sun; Demeritt, David Burgess.

In: Business Strategy and The Environment , Vol. 27, 05.2018, p. 437–455 .

Research output: Contribution to journalArticlepeer-review

Harvard

Tang, SWS & Demeritt, DB 2018, 'Climate change and mandatory carbon reporting: Impacts on business process and performance', Business Strategy and The Environment , vol. 27, pp. 437–455 . https://doi.org/10.1002/bse.1985

APA

Tang, S. W. S., & Demeritt, D. B. (2018). Climate change and mandatory carbon reporting: Impacts on business process and performance. Business Strategy and The Environment , 27, 437–455 . https://doi.org/10.1002/bse.1985

Vancouver

Tang SWS, Demeritt DB. Climate change and mandatory carbon reporting: Impacts on business process and performance. Business Strategy and The Environment . 2018 May;27:437–455 . https://doi.org/10.1002/bse.1985

Author

Tang, Samuel Wa Sun ; Demeritt, David Burgess. / Climate change and mandatory carbon reporting : Impacts on business process and performance. In: Business Strategy and The Environment . 2018 ; Vol. 27. pp. 437–455 .

Bibtex Download

@article{b8eda8938e9343d089f0a963cbf5efa9,
title = "Climate change and mandatory carbon reporting: Impacts on business process and performance",
abstract = "UK-listed companies are now required to disclose their greenhouse gas emissions as part of their annual directors{\textquoteright} report to publicly account for their contributions to climate change. This paper uses this mandatory carbon reporting to explore wider debates about corporate social responsibility and the purpose, practice and impacts of such non-financial reporting. Empirically, it combines documentary analysis 176 firms{\textquoteright} carbon reporting practices with 60 interviews with stakeholders involved in carbon reporting. Firms disclose their emissions in response to financial incentives, social pressure and/or regulatory compulsion. In turn rationales shape whether and how carbon reporting influences internal business processes and performance. The importance of reporting to the bottom line vary by sector depending on two variables—energy intensity and economic regulator status—yet there is limited evidence that carbon reporting is driving substantial reductions in emissions. Findings suggest reasons for caution about hopes for {\textquoteleft}nudging{\textquoteright} firms to improve their environmental performance and social responsibility through disclosure requirements.",
keywords = "Climate change mitigation, Disclosure, Corporate social responsibility, regulation and governance, Organizational behavior, EMISSIONS",
author = "Tang, {Samuel Wa Sun} and Demeritt, {David Burgess}",
year = "2018",
month = may,
doi = "10.1002/bse.1985",
language = "English",
volume = "27",
pages = "437–455 ",
journal = "Business Strategy and The Environment ",
issn = "1099-0836",
publisher = "Wiley",

}

RIS (suitable for import to EndNote) Download

TY - JOUR

T1 - Climate change and mandatory carbon reporting

T2 - Impacts on business process and performance

AU - Tang, Samuel Wa Sun

AU - Demeritt, David Burgess

PY - 2018/5

Y1 - 2018/5

N2 - UK-listed companies are now required to disclose their greenhouse gas emissions as part of their annual directors’ report to publicly account for their contributions to climate change. This paper uses this mandatory carbon reporting to explore wider debates about corporate social responsibility and the purpose, practice and impacts of such non-financial reporting. Empirically, it combines documentary analysis 176 firms’ carbon reporting practices with 60 interviews with stakeholders involved in carbon reporting. Firms disclose their emissions in response to financial incentives, social pressure and/or regulatory compulsion. In turn rationales shape whether and how carbon reporting influences internal business processes and performance. The importance of reporting to the bottom line vary by sector depending on two variables—energy intensity and economic regulator status—yet there is limited evidence that carbon reporting is driving substantial reductions in emissions. Findings suggest reasons for caution about hopes for ‘nudging’ firms to improve their environmental performance and social responsibility through disclosure requirements.

AB - UK-listed companies are now required to disclose their greenhouse gas emissions as part of their annual directors’ report to publicly account for their contributions to climate change. This paper uses this mandatory carbon reporting to explore wider debates about corporate social responsibility and the purpose, practice and impacts of such non-financial reporting. Empirically, it combines documentary analysis 176 firms’ carbon reporting practices with 60 interviews with stakeholders involved in carbon reporting. Firms disclose their emissions in response to financial incentives, social pressure and/or regulatory compulsion. In turn rationales shape whether and how carbon reporting influences internal business processes and performance. The importance of reporting to the bottom line vary by sector depending on two variables—energy intensity and economic regulator status—yet there is limited evidence that carbon reporting is driving substantial reductions in emissions. Findings suggest reasons for caution about hopes for ‘nudging’ firms to improve their environmental performance and social responsibility through disclosure requirements.

KW - Climate change mitigation

KW - Disclosure

KW - Corporate social responsibility

KW - regulation and governance

KW - Organizational behavior

KW - EMISSIONS

U2 - 10.1002/bse.1985

DO - 10.1002/bse.1985

M3 - Article

VL - 27

SP - 437

EP - 455

JO - Business Strategy and The Environment

JF - Business Strategy and The Environment

SN - 1099-0836

ER -

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