Carbon Emission Disclosure Research Articles

Bridging Profitability and Sustainability: Insights from Carbon Emission Disclosures and Governance Practices

Background: This study investigates the impact of Good Corporate Governance (GCG), profitability, and carbon emission disclosure on firm value in the mining sector listed on the Indonesia Stock Exchange (IDX) from 2019 to 2022. The mining sector's significance in Indonesia's economy and the growing importance of sustainable corporate practices provide the context for this research. Methods: The study employs multiple regression analysis to analyze data from 11 mining companies. The variables include GCG mechanisms (managerial ownership, institutional ownership, independent commissioners, and audit committees), profitability (measured by Return on Assets), and carbon emission disclosure. Firm value is proxied by Tobin's Q. Results: The findings indicate that profitability has a positive and significant impact on firm value. However, GCG mechanisms such as independent commissioners and audit committees have negative effects on firm value. Carbon emission disclosure does not significantly influence firm value. Conclusion: The study highlights the importance of profitability in driving firm value but also underscores the need for effective GCG mechanisms and greater emphasis on environmental responsibility. The results contribute to the discourse on sustainable corporate practices and their implications for investor confidence, emphasizing the necessity of balanced approaches that integrate financial performance with environmental sustainability.

Institutional Ownership, Board Diversity, And Carbon Emission Disclosure

Global warming is a crucial issue that is being discussed today. One of the causes of global warming is the development of the industrial sector, which contributes to greenhouse gas emissions. This condition requires public companies to disclose carbon emissions. This study explores the role of institutional ownership and board diversity in carbon emission disclosure (CED) in Indonesia. Board diversity refers to the female and foreign director variables. The study was conducted on manufacturing companies over three years and data analysis using moderated regression analysis. The study results revealed that institutional ownership increased CED. Nevertheless, board diversity testing as a moderation variable provides inconsistent results. The results of the interaction test revealed that the existence of female directors was able to moderate the relationship between institutional ownership and CED. Conversely, foreign directors cannot moderate the relationship between institutional ownership and CED.

Identification and Implementation of Carbon Emission Disclosures and Subsidiaries in Indonesia in Comparison to Brazil and Congo: An Overview Study

Identification and Implementation of Carbon Emission Disclosures and Subsidiaries in Indonesia in Comparison to Brazil and Congo: An Overview Study

The Effect of Corporate Governance, Profitability, and Working Capital on Carbon Emission Disclosure in Energy Sector Companies

The purpose of this research is to empirically prove the influence of corporate governance, profitability, and working capital on carbon emission disclosure. The population used in this study consists of energy sector companies listed on the Indonesian Stock Exchange from 2020 to 2023. The sampling was conducted using purposive sampling with predetermined criteria, resulting in 139 data points. The results of this study indicate that corporate governance affects carbon emission disclosure. Meanwhile, profitability and working capital don’t affect carbon emission disclosure

Determinants of Carbon Emission Disclosure in Palm Oil Industries

The acceleration of climate change is greatly influenced by carbon emissions from industrial processes, particularly those that come into direct touch with natural resources. One industry that interacts directly with natural resources is the palm oil sector. From clearing land to managing oil palm plantations, manufacturing palm oil FFB, and distributing palm oil goods, all of this industrial business activity generates carbon emissions that have the potential to harm the environment. The purpose of this study is to investigate the low level of transparency and reporting of carbon activities. A number of variables, such as profitability, firm size, environmental performance, managerial ownership, and corporate worth, are used in this study to analyse carbon emission disclosure. This research is a type of quantitative research using secondary data, namely 25 samples of the palm oil industry in Indonesia for the period 2021–2023. The research results show that profitability and managerial ownership company size have insignificant results on Carbon Emission Disclosure, while environmental performance has a significant effect on Carbon Emission Disclosure. The Carbon Emission Disclosure hypothesis on company value also shows significant results where the more a business entity discloses and reports its carbon activities, the more investor confidence it has which can be seen in the high share value.

Board Size as Moderator: Understanding Environmental Practices in Indonesia

Global warming, driven primarily by carbon emissions, poses a critical challenge worldwide, including in Indonesia. In response, the Indonesian government issued Law No. 71 of 2021 to mitigate risks and promote carbon emission reduction. This study examines the influence of media exposure, managerial ownership, and industry type on carbon emission disclosure (CED), employing a quantitative design with purposive sampling of 66 companies from 2020-2022, resulting in 198 data points. CED is assessed through direct greenhouse gas (GHG) emissions, indirect emissions from electricity, and other GHG emissions. Findings reveal an adjusted R-square of 53.9%, with media exposure and industry type significantly impacting CED positively. The study underscores the importance of organizations adopting carbon-friendly initiatives to reduce emissions in business operations. It highlights the need for stronger governmental regulations to enhance corporate awareness and compliance with carbon disclosure practices.

Research on the Regulation and Compliance of ESG Information Disclosure in the Securities Market

The disclosure of ESG information only depends on the voluntary disclosure of enterprises, which cannot ensure the openness and transparency of public information. Therefore, the supervision of the disclosure of ESG information is particularly important. Although China is gradually strengthening the ESG information disclosure requirements for listed companies, the regulatory framework for ESG information disclosure in China still needs to be optimized due to the differences in localization, small scope of disclosure, and large differences in evaluation system and standard system. This paper analyzes the current situation of ESG information disclosure in China, including the overall disclosure situation, the disclosure characteristics of different enterprises and industries, and the current situation of carbon emissions disclosure. The article points out the problems in the supervision system, such as the imperfection of supervision basis, the singleness of supervision subject and the insufficiency of supervision cooperation mechanism. On this basis, this paper puts forward some suggestions to improve the regulatory basis, build multiple collaboration subjects and optimize the regulatory collaboration mechanism, in order to improve the quality and efficiency of ESG information disclosure and promote the healthy development of China's capital market.

The Roles of Ownership Structure on Carbon Emission Disclosure Quality of the Listed Oil and Gas Companies in Nigeria

This study investigates how and the extent to which different forms of ownership (foreign, managerial, diluted, concentrated and institutional) influences carbon emission disclosure quality as shown in the levels of the voluntary carbon emission related disclosures in the stand-alone sustainability report of the listed oil and gas companies in Nigeria. Hence, we complement the three leading streams of research on the determinants of carbon emission disclosure quality. We analyzed the research objective using data from the 22 listed oil and gas companies in Nigeria since they are the dominant greenhouse gas emitters globally and show higher commitment to pursuing companies and industrial actions in communicating environmental related information with the external stakeholders, that may reflect attitudinal changes and product sensitive innovations to reducing emission of carbon, carbon management, and targets. Using an ordered logistic regression analysis, we found several important results. First, the findings revealed that firms with greater proportion of foreign ownership exhibit higher carbon emissions disclosure quality, which suggest that the type of ownership correspond with firm’s proactiveness and commitment to environmental practices in the selected companies. Second, institutional ownership in negatively correlated with carbon emission disclosure quality, providing an implication that when institutions invest heavily in a company, they favor weak carbon related disclosure because it enables them to exploit minority shareholders. Third, we observed a negative correlation between ownership concentration and carbon emission disclosure, which indicates that controlling shareholders in form of institutional ownership may be prone to monopolizing carbon emission information to maintain superiority in monitoring and decision-making process.

Carbon emission disclosure and firm value of carbon-intensive firms

The expansion of global economic activities by firms has raised increasing concerns over unsustainable energy consumption, which is contributing to global carbon emissions and posing a significant threat to the planet's climate and environment. This has led to intensive growth in investor pressure for carbon emission mitigation and disclosure. The purpose of this study is to investigate the relationship between carbon disclosure and firm value as well as examining the moderating role of external assurance on both constructs. The data used were extracted from annual/stand-alone sustainability reports of carbon-intensive firms in Nigeria. Using Generalized Least Square regression analysis on 370 firm-year observations, this study finds that external assurance has a significant moderating role in increasing the effect of carbon disclosure on firm value. Carbon disclosure and external assurance also have a direct positive impact on firm value. The study recommends integrating carbon information into regulatory requirements and setting mandatory standards for sustainability assurance practices.

Impact of Board Size, Media Exposure & Green Investment on Post- COVID-19 Carbon Emission Disclosure in Indonesia

This study examines carbon emission disclosure in Indonesian companies that publish annual reports and sustainability reports and are listed on the Indonesia Stock Exchange (BEI) for the period 2021-2022. The research data consisted of 99 companies selected using purposive sampling. The independent variables are board size, media exposure, and green investment. Analysis using the SPSS program with results shows board size, media exposure, and green investment are significantly associated with carbon emission disclosure. This research is reinforced by the theory of legitimacy. Carbon emission disclosure is measured using a scoring checklist of 5 items developed by the Carbon Disclosure Project (CDP). The board size measured by summing up the total council of commissioners per year in a company, the measurement of media exposure is seen from the number of publications about the company published in the media, and green investment is measured using the PROPER rating by the Ministry of Environment. The findings in this study are expected to be the material for companies trying to reduce carbon emissions as well as the company's policy-related improvement material.

Corporate Governance Review, Carbon Emission Disclosure and Corporate Value: A Study on Energy Sector Companies Listed on the Indonesia Stock Exchange

Protecting the natural environment is a very important responsibility for all people and organizations. The natural environment includes all the natural elements that make up the Earth's living system, including air, water, soil, and all living things that live in it. It has an important role, because it provides the necessary resources for humans and other living things. If we do not pay attention to the environment, then Nature will be damaged and the environment around us will become polluted, of course it can be detrimental to human life and also have the impact of damage in the future. One of the major contributors to environmental damage is from industry. Therefore, the author tries to provide proposals that are expected to be solutions to prevent environmental damage to the business world and also as a form of participation in environmental concern and is expected to increase the value of the Company. The author will explain the problems related to how to increase the value of the Company which has been with the image of the Company can only take advantage of nature without taking into account the damage caused. The author not only discusses how to increase the value of the Company, but also discusses how to have good corporate governance by paying attention to the surrounding environment, namely by discussing carbon emission disclosure. The author uses the social documentation analysis method which is expected to find theories and examine factors that can raise the Company while still paying attention to the environment by conducting research on companies from industries listed on the Indonesia Stock Exchange. This research is useful as a result of the implementation of good governance and the disclosure of carbon emissions as a further mitigation of natural damage.

CARBON EMISSION DISCLOSURE: A STUDY OF MANUFACTURING COMPANIES IN INDONESIA 2018 – 2022

Investigating the factors that affect the degree of disclosure of carbon emissions is the aim of this study. Leverage, company size, profitability, age, corporate social responsibility, and financial constraints. Multiple linear regression is the analysis model used in this investigation. A popular statistical technique for assessing the relationship between independent and dependent variables is multiple linear regression. The study's data, which was gathered from www.idx.co.id and the official websites of associated businesses, spans the years 2018–2022. Because the manufacturing sector is one of the biggest on the Indonesia Stock Exchange, it is the primary subject of this study. The Stata method was used to examine the data. The relationship between corporate social responsibility and corporate emission disclosure is positive; the more corporate social responsibility there is, the more corporate emission disclosure there is. The idea of mediation is applied in research with financial restrictions. The Sobel-Test is used to assess the relationship in the study model. The idea of mediation is applied in research with financial restrictions. The Sobel-Test is used to assess the relationship in the study model.

Carbon Emissions Disclosure: Return on Assets, Leverage and Media Exposure

The purpose of this study is to prove the hypothesis that return on assets, leverage projected by debt to equity ratio and media exposure affect the disclosure of carbon emissions. This type of research uses a quantitative approach. The population in this study are mining companies listed on the IDX in 2018-2022. The total population is 52 companies. Researchers apply a non-probability sampling method, which will specifically be carried out using purposive sampling method, then a total sample of 26 companies is found. The data collection technique used in this exploration is the documentation strategy. Then the data analysis uses multiple linear regression analysis method to analyze the effect of independent variables on the dependent which is processed using Statistical Program for Social Science (SPSS) 25 software program. Based on hypothesis testing, the results show that media exposure has a positive and significant effect on carbon emission disclosure. Meanwhile, Return on Asset and Debt to Equity Ratio have no significant effect on carbon emission disclosure.

THE EFFECT OF CORPORATE POLICIES, BOOK TAX DIFFERENCES AND CARBON EMISSION DISCLOSURE ON EARNING QUALITY WITH INSTITUTIONAL OWNERSHIP AS A MODERATING VARIABLE

This research is a quantitative study which aims to find out how company policy, book tax differences and carbon emission disclosure influence earnings quality which is moderated by institutional ownership in manufacturing companies listed on the Indonesia Stock Exchange in 2022-2023. The number of companies studied in this research was 47 companies with an observation period of 2 years which resulted in a sample of 94 with a sampling method using a purposive sampling method. This research uses secondary data obtained through company financial reports accessed via the website www.idx.co.id. Data analysis uses panel data regression which consists of descriptive statistics, classical assumption tests, selection of panel data regression models, moderating regression analysis tests and hypothesis testing using the Eviews 12 program. The results of the moderating regression analysis analysis show that parsial ly the variables investment policy, dividend policy and debt policy influences earnings quality. The book tax differences and carbon emission disclosure variables have no effect on earnings quality. The variables of dividend policy and debt policy on earnings quality can be moderated by institutional ownership. Meanwhile, investment policy, book tax differences and carbon emission disclosure on earnings quality cannot be moderated by institutional ownership. The results of the coefficient of determination or the influence of the independent variables in this study on earning quality were 38%, while the remaining 62% was influenced by other variables not measured in this regression model.

The Mediating Role of Foreign Investor Ownership in the Relationship Between Carbon Emissions Disclosure and Corporate Financial Performance: Applied to Companies Traded in the Saudi Market

The Mediating Role of Foreign Investor Ownership in the Relationship Between Carbon Emissions Disclosure and Corporate Financial Performance: Applied to Companies Traded in the Saudi Market

Corporate carbon emissions disclosure and stock price informativeness

Corporate carbon emissions disclosure and stock price informativeness

Economic Performance: Impact of Implementing Environment Cost and Disclosure Carbon Emissions Fiqh Al Bi'ah (Environment) Analysis Approach

The development of environmental issues is of concern to the public in encouraging companies' awareness to carry out environmental management in their business activities, where companies can plan environmental cost budgets and make disclosures of the impact of carbon emissions produced in order to achieve their goal, namely the sustainability of the Company, namely the Company's economic performance will increase. This research aims to see the impact of environmental costs and carbon emission disruption on economic performance and is analyzed using environmental fiqh (bi'ah). This research is quantitative research. The type of data used is secondary data obtained from the Company's official website. The population in this study are manufacturing companies listed on the Jakarta Islamic Index for 2019-2021. The research sample consisted of 8 companies from the 2019-2021 period, totaling 32 samples. The sampling technique used in this research was purposive sampling. The data analysis used is panel data regression analysis using the SEM PLS data modeling program. The results of the research show that environmental cost and carbon emission disclosure variables have a significant negative influence on economic performance and the results of environmental fiqh (al bi'ah) analysis are in accordance with the verses of the Koran which discuss environmental damage which is something that is absolutely not justified because it will bring negative impact on the sustainability of living creatures or organizations and companies. These limitations suggest that future research could expand the sample size, consider a wider range of sustainability practices, and explore the relevance of environmental performance in different cultural and industry contexts.

Drivers and predictors of carbon emissions disclosure: insights with H2O AutoML

Drivers and predictors of carbon emissions disclosure: insights with H2O AutoML

The Role of CEO Characteristics in Enhancing Carbon Emission Disclosure: Evidence from Indonesia

This study aims to investigate the influence of CEO characteristics, namely gender, age, and education level, on the disclosure of carbon emissions in manufacturing companies listed on the Indonesia Stock Exchange. Data analysis was conducted through three main stages: classical assumption testing, descriptive statistics, and application of multiple linear regression. This data testing utilized the STATA 14.0 statistical tool to evaluate the influence of CEO characteristics on carbon emissions disclosure. This study's results show that female CEOs, older CEO age, and higher CEO education levels significantly increase corporate carbon emissions disclosure. Female CEOs tend to be more concerned about environmental welfare, while older and highly educated CEOs are more understanding and committed to transparency and corporate social responsibility. This study provides practical implications for companies considering executive characteristics to improve their social performance. In addition, the results also emphasize the importance of gender diversity and investment in education to improve carbon emissions disclosure practices.

Achievement of Carbon Emission Disclosure as a Mediator between Factors Increasing Firm Value: Eco-efficiency and Green Innovation

Achievement of Carbon Emission Disclosure as a Mediator between Factors Increasing Firm Value: Eco-efficiency and Green Innovation