Since the onset of the COVID-19, the seriousness of the climate problem has attracted more attention, and international cooperation to prevent climate change and climate disaster is continuing. More than 100 countries, including the EU, China, and Japan, have declared or are pursuing carbon...

The European Commission’s draft of the new Corporate Sustainability Reporting Directive (CSRD) is intended to extend European sustainability reporting standards to cover all companies falling under the scope of the directive. Based on a comprehensive evaluation of non-financial statements of...

Examining the US Greenhouse Gas Reporting Program, I find that facilities reduce greenhouse gas emissions by 7.0% after mandatory disclosure of facility-level emissions. A facility's prior GHG inefficiency predicts subsequent GHG emissions reductions, but only after public disclosure occurs,...

Company carbon disclosures are crucial in assessing a firm's impact on the environment, and many policy actions are associated with this information. As a response to the rising demand for transparency and related regulatory requirements, an increasing number of firms discloses information on...