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Corporate Environmental Performance and Disclosure: Implications for Sustainability

A special issue of Sustainability (ISSN 2071-1050). This special issue belongs to the section "Economic and Business Aspects of Sustainability".

Deadline for manuscript submissions: 8 September 2024 | Viewed by 1740

Special Issue Editor


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Guest Editor
Department of Building and Real Estate, The Hong Kong Polytechnic University, Hung Hom, Hong Kong
Interests: ESG; corporate carbon management; green finance

Special Issue Information

Dear Colleagues,

We are delighted to announce a call for papers for a Special Issue on "Corporate Environmental Performance and Disclosure: Implications for Sustainability". This Special Issue aims to explore and advance our understanding of how corporate environmental performance and disclosure practices contribute to sustainability. We invite scholars and practitioners to submit their original research and insightful contributions to this important and timely topic.

The field of environmental, social, and governance (ESG) research has gained significant attention in recent years. Within this domain, corporate environmental performance and disclosure play a crucial role in shaping the sustainability landscape. As businesses face increasing pressure to address environmental challenges, understanding the implications of their environmental performance and disclosure practices is essential for sustainable development. This Special Issue seeks to delve into the scientific background of this research area, highlighting its importance and providing a platform for rigorous exploration and analysis. The Special Issue welcomes interdisciplinary perspectives that integrate insights from fields such as environmental science, economics, management, and policy.

Topics may include, but are not limited to:

  • Corporate environmental performance and market valuation;
  • Corporate environmental disclosure and environmental performance/carbon emissions;
  • Environmental regulations/policies and corporate environmental practices and disclosure;
  • Comparative analyses of environmental performance and disclosure practices across industries, regions, or countries;
  • The role of technology and innovation in driving environmental sustainability;
  • The effectiveness of sustainability-reporting frameworks and standards in promoting environmental disclosure and performance;
  • Blockchain and corporate environmental disclosure;
  • Corporate environmental performance and carbon neutrality;
  • Corporate environmental disclosure and greenwashing;
  • Other topics related to corporate environmental practices and disclosure.

Dr. Jianfu Shen
Guest Editor

Manuscript Submission Information

Manuscripts should be submitted online at www.mdpi.com by registering and logging in to this website. Once you are registered, click here to go to the submission form. Manuscripts can be submitted until the deadline. All submissions that pass pre-check are peer-reviewed. Accepted papers will be published continuously in the journal (as soon as accepted) and will be listed together on the special issue website. Research articles, review articles as well as short communications are invited. For planned papers, a title and short abstract (about 100 words) can be sent to the Editorial Office for announcement on this website.

Submitted manuscripts should not have been published previously, nor be under consideration for publication elsewhere (except conference proceedings papers). All manuscripts are thoroughly refereed through a single-blind peer-review process. A guide for authors and other relevant information for submission of manuscripts is available on the Instructions for Authors page. Sustainability is an international peer-reviewed open access semimonthly journal published by MDPI.

Please visit the Instructions for Authors page before submitting a manuscript. The Article Processing Charge (APC) for publication in this open access journal is 2400 CHF (Swiss Francs). Submitted papers should be well formatted and use good English. Authors may use MDPI's English editing service prior to publication or during author revisions.

Keywords

  • corporate environmental performance
  • disclosure
  • sustainability
  • carbon
  • ESG

Published Papers (2 papers)

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Research

30 pages, 380 KiB  
Article
Determinants of Global Banks’ Climate Information Disclosure with the Moderating Effect of Shareholder Litigation Risk
by Ahseon Lee, Jong Dae Kim and Seong Mi Bae
Sustainability 2024, 16(6), 2344; https://doi.org/10.3390/su16062344 - 12 Mar 2024
Viewed by 673
Abstract
This paper explores the influence of a country’s institutional factors and internal corporate governance on banks’ voluntary climate finance disclosures. The analysis focuses on the world’s top 100 banks, examining the institutional and governance factors that shape TCFD disclosure practices. From an institutional [...] Read more.
This paper explores the influence of a country’s institutional factors and internal corporate governance on banks’ voluntary climate finance disclosures. The analysis focuses on the world’s top 100 banks, examining the institutional and governance factors that shape TCFD disclosure practices. From an institutional perspective, the research reveals a heightened level of climate financial disclosure in banks located in countries where investor protection is strong under the common law system and environmental performance is commendable. On the internal governance front, it is observed that the independence and diversity of the board of directors play a facilitating role in promoting such disclosure. Additionally, in countries where shareholder litigation is easily pursued, a moderating effect is observed wherein board independence paradoxically inhibits TCFD disclosure. This study stands as the first to explore the determinants of climate financial disclosure in global banks, confirming the driving forces behind such disclosures through institutional and stakeholder theories and providing crucial empirical evidence to enhance research on voluntary disclosure. Full article
22 pages, 981 KiB  
Article
Window Dressing in Impression Management: Does Negative Media Coverage Drive Corporate Green Production?
by Kaijun Gan and Silin Ye
Sustainability 2024, 16(2), 861; https://doi.org/10.3390/su16020861 - 19 Jan 2024
Viewed by 763
Abstract
This study addresses the calls for research attention on corporate greenwashing and analyzes an environmental strategy in corporate impression management. We assume that negative media coverage triggers impression motivation and causes firms to adopt environmental strategies for impression construction based on the two-component [...] Read more.
This study addresses the calls for research attention on corporate greenwashing and analyzes an environmental strategy in corporate impression management. We assume that negative media coverage triggers impression motivation and causes firms to adopt environmental strategies for impression construction based on the two-component model in impression management. Specifically, firms release credible signals, such as green investment, to cover concealed pollution emissions under the framework of a game with incomplete information. We posit that firms can select a window-dressing strategy under the pressures of negative media coverage by constructing two regression models, respectively. We also assess our underlying assumption of constraints from state ownership and institutional shareholdings by testing additional moderating relationships. Utilizing a sample of Chinese publicly listed firms from 2000 to 2010, our empirical results suggest that negative media coverage increases corporate green investment, but pollutant emissions are reduced correspondingly, and state ownership aggravates corporate window dressing while institutional shareholdings curb it. Our findings reveal the corporate social irresponsibility in environmental protection and sustainable development, and they offer important implications for firm stakeholders. Full article
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