Does Carbon Disclosure Drive Carbon Performance: An Empirical Analysis

Research output: Contributions to collected editions/worksArticle in conference proceedingsResearchpeer-review

Standard

Does Carbon Disclosure Drive Carbon Performance: An Empirical Analysis. / Qian, Wei; Schaltegger, Stefan.
From Sustainability Reporting to Sustainability Management Control: Proceedings of the 17th EMAN Conference 2014. Rotterdam: Environmental and Sustainability Management Accounting Network, 2014.

Research output: Contributions to collected editions/worksArticle in conference proceedingsResearchpeer-review

Harvard

Qian, W & Schaltegger, S 2014, Does Carbon Disclosure Drive Carbon Performance: An Empirical Analysis. in From Sustainability Reporting to Sustainability Management Control: Proceedings of the 17th EMAN Conference 2014. Environmental and Sustainability Management Accounting Network, Rotterdam, EMAN Conference 2014, Rotterdam, Netherlands, 27.03.14.

APA

Qian, W., & Schaltegger, S. (2014). Does Carbon Disclosure Drive Carbon Performance: An Empirical Analysis. In From Sustainability Reporting to Sustainability Management Control: Proceedings of the 17th EMAN Conference 2014 Environmental and Sustainability Management Accounting Network.

Vancouver

Qian W, Schaltegger S. Does Carbon Disclosure Drive Carbon Performance: An Empirical Analysis. In From Sustainability Reporting to Sustainability Management Control: Proceedings of the 17th EMAN Conference 2014. Rotterdam: Environmental and Sustainability Management Accounting Network. 2014

Bibtex

@inbook{92856a66a43d443da0993a69652eadec,
title = "Does Carbon Disclosure Drive Carbon Performance: An Empirical Analysis",
abstract = "With corporate disclosure of carbon emissions rapidly increasing, there is a long standing question as to whether and how environmental disclosure is associated with the development of environmental performance. Thelegitimacy and the management perspectives adopted in previous studies presentdifferent rationaleson this question. The legitimacy approach assumes that disclosure is rather a substitute for poorenvironmental performance whereas the management approach implies that disclosure may createorganizational pressure andincentivesfor companiesto improve performance.This paper examines these two rationales empirically for carbon disclosure and performance. Using a change analysis of Global 500 companies and their carbon emission and disclosure data released during 2008 and 2012, this study finds that the change of carbon disclosure levels is positively associated with the subsequent change of carbon performance (examined through total and Scope 1 carbon emission intensities). So regardless whether disclosure has been used as a legitimising tool for prior poor performance, this study confirms that carbon disclosure motivates companies and has been used as an “outside-in” driven opportunity to create subsequent change and improvement in carbon performance. However, the study also reveals that the association between the changes in carbon disclosure and performance is relatively weaker in high energy intensive firms.",
keywords = "Sustainability sciences, Management & Economics",
author = "Wei Qian and Stefan Schaltegger",
year = "2014",
language = "English",
booktitle = "From Sustainability Reporting to Sustainability Management Control",
publisher = "Environmental and Sustainability Management Accounting Network",
note = "EMAN Conference 2014 : {"}From Sustainability Reporting to Sustainability Management Control{"}, EMAN 2014 ; Conference date: 27-03-2014 Through 28-03-2014",
url = "http://eman-eu.org/conferences/rotterdem-2014/",

}

RIS

TY - CHAP

T1 - Does Carbon Disclosure Drive Carbon Performance

T2 - EMAN Conference 2014

AU - Qian, Wei

AU - Schaltegger, Stefan

N1 - Conference code: 17

PY - 2014

Y1 - 2014

N2 - With corporate disclosure of carbon emissions rapidly increasing, there is a long standing question as to whether and how environmental disclosure is associated with the development of environmental performance. Thelegitimacy and the management perspectives adopted in previous studies presentdifferent rationaleson this question. The legitimacy approach assumes that disclosure is rather a substitute for poorenvironmental performance whereas the management approach implies that disclosure may createorganizational pressure andincentivesfor companiesto improve performance.This paper examines these two rationales empirically for carbon disclosure and performance. Using a change analysis of Global 500 companies and their carbon emission and disclosure data released during 2008 and 2012, this study finds that the change of carbon disclosure levels is positively associated with the subsequent change of carbon performance (examined through total and Scope 1 carbon emission intensities). So regardless whether disclosure has been used as a legitimising tool for prior poor performance, this study confirms that carbon disclosure motivates companies and has been used as an “outside-in” driven opportunity to create subsequent change and improvement in carbon performance. However, the study also reveals that the association between the changes in carbon disclosure and performance is relatively weaker in high energy intensive firms.

AB - With corporate disclosure of carbon emissions rapidly increasing, there is a long standing question as to whether and how environmental disclosure is associated with the development of environmental performance. Thelegitimacy and the management perspectives adopted in previous studies presentdifferent rationaleson this question. The legitimacy approach assumes that disclosure is rather a substitute for poorenvironmental performance whereas the management approach implies that disclosure may createorganizational pressure andincentivesfor companiesto improve performance.This paper examines these two rationales empirically for carbon disclosure and performance. Using a change analysis of Global 500 companies and their carbon emission and disclosure data released during 2008 and 2012, this study finds that the change of carbon disclosure levels is positively associated with the subsequent change of carbon performance (examined through total and Scope 1 carbon emission intensities). So regardless whether disclosure has been used as a legitimising tool for prior poor performance, this study confirms that carbon disclosure motivates companies and has been used as an “outside-in” driven opportunity to create subsequent change and improvement in carbon performance. However, the study also reveals that the association between the changes in carbon disclosure and performance is relatively weaker in high energy intensive firms.

KW - Sustainability sciences, Management & Economics

M3 - Article in conference proceedings

BT - From Sustainability Reporting to Sustainability Management Control

PB - Environmental and Sustainability Management Accounting Network

CY - Rotterdam

Y2 - 27 March 2014 through 28 March 2014

ER -