Unpacking carbon accounting numbers: A study of the commensurability and comparability of corporate greenhouse gas emission disclosures

Wegener, Matthew; Labelle, Réal; Jerman, Lambert

doi:10.1016/j.jclepro.2018.11.156

Cited by 30 publications

(39 citation statements)

References 33 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…Some other aspects of knowledge that were identified as important include knowledge about the legal factors and the methods needed to be implemented to reduce the emission of CO2. In the view of Wegener, Labelle and Jerman (2019), the knowledge of the policy makers in the field of oil and gas industry is essential to reduce the impact of CO2 emission in order to protect the sustainability of the environment. Nevertheless, it is stated by Obeidat, Al Bakri and Elbanna (2018), that the continuous commitment of the decision makers should be present to undertake all the measures deemed necessary for protecting the environment from CO2.…”

Section: Discussionmentioning

confidence: 99%

“…According to Wegener, Labelle and Jerman (2019), it is essential for the organizations operating in the Oil and Gas industry to have the knowledge about the issue of carbon emission within the organization and the need to take significant steps in order to reduce its intensity. The lack of proper company knowledge in this regard can result in lack of proper direction in relation to the procedures adopted for the purpose of reducing the amount of C02 within the atmosphere.…”

Section: Literature Reviewmentioning

confidence: 99%

See 1 more Smart Citation

CO2 Emission from Oil & Gas Production - Challenges & Opportunities

2020

CER

View full text Add to dashboard Cite

The analysis in the report is related to the issue of emission of CO2 from the oil and gas companies in Pakistan. The issue was selected considering the increasing threats for the environmental sustainability that are caused due to the emission of CO2 gases on consistent basis. The variables that were chosen for the purpose of analysis were knowledge of the firm, incentives of the government, magnitude of CO2, cost and scale of CCU technology. The statistical techniques that were applied were regression, correlation and Cronbach alpha analysis. The findings that were obtained through regression and correlation illustrated a positive impact between the independent and the dependent variables.

show abstract

Section: Discussionmentioning

confidence: 99%

Section: Literature Reviewmentioning

confidence: 99%

CO2 Emission from Oil & Gas Production - Challenges & Opportunities

2020

CER

View full text Add to dashboard Cite

show abstract

“…However, other studies claim that carbon reduction practices basically do not work, and firms generally tend to "watch and see" how regulations change [33][34][35]. Though government pressure and firms' visibility make a difference, which supports legitimacy theory [36,37], firms' reports are still suspicious and misleading [36,38,39]. In South Korea, the situation is even worse since firms with high CSR ratings are emitting more GHGs, and this relationship tends to be more significant if the firm size becomes larger, thus questioning the mechanism of reporting CSR [30].…”

Section: Introduction and Literature Reviewmentioning

confidence: 99%

Corporate Social Responsibility Development and Climate Change: Regional Evidence of China

Cheng

et al. 2021

Sustainability

View full text Add to dashboard Cite

This study analyzed Chinese companies’ behavior regarding corporate social responsibility (CSR) disclosure, and its impact on national and regional climate change measured by carbon emissions. CSR disclosure, supported by existing theories, is considered a powerful tool to curb climate change issues. We combined data of companies’ publicly traded annual financial reports and CSR reports from the China Stock Market and Accounting Research (CSMAR) database and provincial macroeconomic statistics from the Chinese National Bureau of Statistics to run panel regressions. The results verify the following: (a) China is in a relatively early stage of CSR development, and Chinese firms’ internal incentives to adopt CSR projects are low since none of the internal factors researched contribute to CSR disclosure. (b) External factors work slightly better for CSR practices, but at the same time, the CSR regulations still need further improvement. (c) The current CSR disclosure practices do not have a clear impact on carbon emission reduction, contrary to some predictions that CSR could help reduce carbon emissions.

show abstract

“…Widespread interest has been devoted to corporate sustainability reporting and management practices over the past two decades. Specifically, recent studies reveal an increasing attention of the scholars in discussions of the integration of climate aspects into accounting (Schaltegger and Custora, 2012;Stechemesser and Guenther, 2012;Wegener et al, 2019). Greenhouse gas emissions and water consumption, along with their external assurance, play a significant, incremental role in explaining the variation in the level and nature of corporate environmental reporting (Braam et al, 2016).…”

Section: Introductionmentioning

confidence: 99%

Corporate impact of carbon disclosures: a nonlinear empirical approach

Rodríguez¹,

Muñoz

Valentinetti

2020

JFRA

View full text Add to dashboard Cite

Purpose The purpose of this paper is to explore the impact of recent developments in corporate reporting, specifically from the carbon disclosure project (CDP) environment, in the evolution of European post-crisis financial markets. Design/methodology/approach Theoretical and instrumental advancements from nonlinear dynamics have been applied to the analysis of market behaviour and the online presence or reputation of major European listed banks. Findings The application of a nonlinear statistical methodology (i.e. the autoregressive fractionally integrated moving average [ARFIMA] estimation model) demonstrates the presence of a long history of collected data, thus indicating a certain degree of predictability in the time series. Also, this study confirms the existence of structural breakpoints, specifically the impact of the CDP reporting in both stock prices and online search trends of the sampled companies for certain periods. Research limitations/implications This study introduces new methodological perspectives in corporate reporting studies, as the application of nonlinear techniques can be more effective in capturing corporate transparency issues. A limitation to overcome is to explore whether the impact of reporting is different due to the specific reporting behaviour each company adopts. Practical implications The “breakpoint” concept should enlighten the importance to firms of providing more information in specific moments, which can impact on both traditional (i.e. stock prices) and modern (i.e. online popularity) performance metrics. Additionally, it should be taken into account by stakeholders, when analysing the accountability of firms to improve their decision-making processes and policymakers, for monitoring and contrasting speculative and insider trading activities. Social implications Online search trends represent a new public attitude to how society “measures” the effectiveness of firms’ disclosure behaviours. Originality/value Combining ARFIMA with structural break techniques can be regarded as a relevant and complementary addition to classic “market reaction” or “value relevance” techniques.

show abstract

Unpacking carbon accounting numbers: A study of the commensurability and comparability of corporate greenhouse gas emission disclosures

Cited by 30 publications

References 33 publications

CO2 Emission from Oil & Gas Production - Challenges & Opportunities

CO2 Emission from Oil & Gas Production - Challenges & Opportunities

Corporate Social Responsibility Development and Climate Change: Regional Evidence of China

Corporate impact of carbon disclosures: a nonlinear empirical approach

Contact Info

Product

Resources

About