In this paper, we attempt to identify the reasons behind the differences in environmental policy between Japan and other developed countries, particularly the US. Japan's environmental policy is unique in that voluntary approaches have been taken to reduce total emissions. This strategy is quite...

The adoption of domestic emissions trading schemes (ETS) can impose a heavy burden on energy-intensive industries. In particular, energy-intensive industries competing with foreign competitors could lose their international edge. Although the abatement of carbon dioxide (CO2) emissions in...

ESG reporting guidelines are institutional rules that can enhance the credibility of firms’ publicly disclosed information related to environment, social, and governance (ESG). Reporting is often voluntary and global ESG reporting guidelines typically rely on process-focused third party...

Based on data for more than 2,400 citizens in Japan, this paper empirically examines the effect of climate-related identity in private and organizational contexts on revealed climate protec-tion activities, measured through incentivized donations. To identify causal effects, we include the...

The Tokyo emissions trading scheme (ETS) is the first regional ETS in Japan where a national ETS has not been introduced. In this study, we estimate the policy impacts of the Tokyo ETS on energy usage and economic activities in the scheme’s first phase (2010-2014) and the first four years of...