The economic transactions made in an causes interactions with the environment, in some cases occurring adverse environmental effects. Progressive degradation of the natural environment and increasing social concern before this event, converted protect the environment in one of the most important...

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,...

This paper applies a qualitative approach to analyse stakeholders’ perceptions of the EU Taxonomy Regulation (“EU Taxonomy” hereafter). The overarching goal of the EU Taxonomy is to steer capital flows towards more sustainable activities. Although the implementation period has started,...

This study experimentally examines the effect of different types of environmental information on investors’ judgment regarding long-term investments. Based on three experimental cases (financial; financial & additional common environmental; financial & additional common environmental &...

US companies are increasingly responding to demand from investors and other stakeholders for transparent information about companies’ environmental, social, and governance (ESG) performance by issuing ESG reports on a voluntary basis. We examine whether these reports help to resolve the...

Due to its great contribution to environmental pollution, the American utility industry is increasingly under a high level of scrutiny by its stakeholders. Proponents of the legitimacy theory, argue that poor environmental performers are likely to voluntarily disclose more environmental...

I first discuss the meaning of “sustainable reporting” and how this meaning has changed over time. I follow with a discussion of the term ESG and why this term is used with respect to the corporation. I then discuss how the shareholder primacy perspective plays a defining role in corporate...

In 2023 the IFRS Foundation published its first two IFRS Sustainability Disclosure Standards. Those standards were guided by an architecture, or blueprint, that I developed for a comprehensive set of reporting requirements that would ensure that sustainability-related disclosures would become...

Environmental, social and governance (ESG) considerations rank high on the EU agenda. These considerations concern broad matters pointing to the sustainable and responsible long-term relationship of companies with stakeholders, society and nature. The EU has developed the European Green Deal,...

In this essay, we discuss the factors influencing the likelihood of convergence in corporate sustainability reporting. We identify several factors that negatively influence the probability of convergence in the short term. The first factor is the heterogeneity of concepts and definitions...