Carbon emission disclosure: does it matter

4th International Seminar on Sustainable Urban Development

地球科学;经济学

Sudibyo, Y.A.^1

Faculty of Economic and Business, Universitas Trisakti, Jakarta, Indonesia^1

关键词: Carbon disclosures;    Carbon emissions;    Carbon management;    CDP questionnaires;    Developed countries;    Dummy variables;    Resource Constraint;    Sustainability reporting;   

Others  :  https://iopscience.iop.org/article/10.1088/1755-1315/106/1/012036/pdf
DOI  :  10.1088/1755-1315/106/1/012036

来源: IOP

【 摘 要 】

The purpose of this research were to test empirically the relationship of Volume of Carbon emission, Carbon Management Practice disclosure and Carbon disclosure emission with firm value, especially in Indonesia as developing Country. This research using data from Indonesian sustainability Award in 2013-2015. The instrument of this research was adapted from CDP Questionnaires to score the disclosure of Carbon Management Practice. While the carbon emission disclosure instrument was dummy variable. For volume of carbon emission, this research used the quantity or volume of carbon reported in sustainability reporting. We find that Volume of carbon emission was not related to Firm value. Also Carbon disclosure Emission does not have relationship with Firm value. Both hypotheses were not consistent with [8] which was doing their research in Developed Country. While Carbon Management Practice Disclosure, using CDP Questionnaires, has positive relationship with Firm value. The conclusion is developing country as resource constraint need to be motivated to report and disclose carbon emission from voluntary reporting to mandatory by regulation from government, not just only for high sensitive industry but also low sensitive industry. Then developing country which has resource constraint need to have more proactive strategy to prevent carbon emission instead of reducing carbon emission.