Voluntary Disclosure of Greenhouse Gas Emissions: Contrasting the Carbon Disclosure Project and Corporate Reports

2014 ◽  
Vol 134 (3) ◽  
pp. 445-461 ◽  
Author(s):  
Florence Depoers ◽  
Thomas Jeanjean ◽  
Tiphaine Jérôme
2021 ◽  
Vol 13 (11) ◽  
pp. 6054
Author(s):  
Jaehong Lee

The purpose of this study is to investigate the relationship between overconfident CEOs, voluntary disclosure of greenhouse gas emissions and firm value, and whether corporate (internal and external) governance affects this association. Using logistic regression and a firm-fixed effect model, I analyzed a sample of voluntary disclosing firms with the fiscal year in December that are listed in the Korean stock market for the period from 2011 to 2019, measuring corporate governance based on female representation within boards and industry-level competition. As a result, this study finds that, on average, CEO overconfidence is positively related to voluntary disclosure of greenhouse gas emissions. Moreover, in firms with more female representation on boards, the positive relationship between CEO overconfidence, voluntary disclosure of greenhouse gas emissions, and firm value is more pronounced, implying that women directors effectively monitor overconfident CEOs. Similarly, this positive relationship is also strengthened according to the degree of industry-level competition, which indicates that the external governance role of competition can alleviate CEO overconfidence. This study is meaningful as the first study to examine the effect of voluntary greenhouse gas (GHG) emissions disclosure on investors’ valuation in the Korean capital market, taking the characteristics of managers and governance structure into account.


2009 ◽  
pp. 107-120 ◽  
Author(s):  
I. Bashmakov

On the eve of the worldwide negotiations of a new climate agreement in December 2009 in Copenhagen it is important to clearly understand what Russia can do to mitigate energy-related greenhouse gas emissions in the medium (until 2020) and in the long term (until 2050). The paper investigates this issue using modeling tools and scenario approach. It concludes that transition to the "Low-Carbon Russia" scenarios must be accomplished in 2020—2030 or sooner, not only to mitigate emissions, but to block potential energy shortages and its costliness which can hinder economic growth.


2017 ◽  
Vol 4 (3) ◽  
pp. 62-72
Author(s):  
O. Zhukorsky ◽  
O. Nykyforuk ◽  
N. Boltyk

Aim. Proper development of animal breeding in the conditions of current global problems and the decrease of anthropogenic burden on environment due to greenhouse gas emissions, caused by animal breeding activity, require the study of interaction processes between animal breeding and external climatic conditions. Methods. The theoretical substantiation of the problem was performed based on scientifi c literature, statistical informa- tion of the UN Food and Agriculture Organization and the data of the National greenhouse gas emissions inventory in Ukraine. Theoretically possible emissions of greenhouse gases into atmosphere due to animal breeding in Ukraine and specifi c farms are calculated by the international methods using the statistical infor- mation about animal breeding in Ukraine and the economic-technological information of the activity of the investigated farms. Results. The interaction between the animal breeding production and weather-and-climate conditions of environment was analyzed. Possible vectors of activity for the industry, which promote global warming and negative processes, related to it, were determined. The main factors, affecting the formation of greenhouse gases from the activity of enterprises, aimed at animal breeding production, were characterized. Literature data, statistical data and calculations were used to analyze the role of animal breeding in the green- house gas emissions in global and national framework as well as at the level of specifi c farms with the consid- eration of individual specifi cities of these farms. Conclusions. Current global problems require clear balance between constant development of sustainable animal breeding and the decrease of the carbon footprint due to the activity of animal breeding.


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