Environmental Performance and Voluntary Disclosure on Specific Environmental Activities

An Empirical Study of Carbon vs. Non-carbon Intensive Industries Legitimacy Proactive Approach

Research output: Contribution to conferencePaper

Abstract

Adopting legitimacy proactive approach, this paper examines and evaluates relationship between levels of environmental performance (measured by environmental awards) and the quality of specific voluntary environmental disclosure using a sample of UK FTSE 100 companies. Companies in the sample have been grouped according to industry membership (carbon intensive vs. non carbon-intensive) and environmental performance (poor performers vs. better performers). Descriptive statistics and t-test comparisons have been used to test for variations in the quality and reporting format of voluntary environmental disclosure between the companies in these groups. The Findings reveal that the extent of quantitative environmental disclosure by companies with poor environmental performance in the carbon intensive group was significantly higher than similar disclosures made by either better environmental performers from carbon intensive industries with respect to recycling and carbon footprint activities; or poor environmental performers from non-carbon intensive industries in respect of packaging, carbon footprint, and climate change risk. In contrast, quantitative environmental disclosure by better performers was found to be of a significantly higher quality than similar disclosures made by either poor performers from the non-carbon group in respect to packaging, waste and climate change risk activities; or better performers from carbon intensive group for recycling, climate change risk and carbon footprint activities. In relation to environmental reporting format, non-carbon companies with better environmental performance were significantly more likely than companies in all other groups to use the separation in reporting format for environmental activities. Poor environmental performers from the non-carbon group were significantly more likely to use integration as a form of reporting.
Original languageEnglish
Publication statusPublished - 2013
EventBritish Accounting and Finance Association Annual Conference 2013 - Newcastle
Duration: 14 May 2013 → …

Conference

ConferenceBritish Accounting and Finance Association Annual Conference 2013
CityNewcastle
Period14/05/13 → …

Fingerprint

Industry
Environmental performance
Legitimacy
Voluntary disclosure
Empirical study
Carbon
Environmental disclosure
Carbon footprint
Climate change
Disclosure
Packaging
Statistics
T-test
Environmental reporting

Cite this

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title = "Environmental Performance and Voluntary Disclosure on Specific Environmental Activities: An Empirical Study of Carbon vs. Non-carbon Intensive Industries Legitimacy Proactive Approach",
abstract = "Adopting legitimacy proactive approach, this paper examines and evaluates relationship between levels of environmental performance (measured by environmental awards) and the quality of specific voluntary environmental disclosure using a sample of UK FTSE 100 companies. Companies in the sample have been grouped according to industry membership (carbon intensive vs. non carbon-intensive) and environmental performance (poor performers vs. better performers). Descriptive statistics and t-test comparisons have been used to test for variations in the quality and reporting format of voluntary environmental disclosure between the companies in these groups. The Findings reveal that the extent of quantitative environmental disclosure by companies with poor environmental performance in the carbon intensive group was significantly higher than similar disclosures made by either better environmental performers from carbon intensive industries with respect to recycling and carbon footprint activities; or poor environmental performers from non-carbon intensive industries in respect of packaging, carbon footprint, and climate change risk. In contrast, quantitative environmental disclosure by better performers was found to be of a significantly higher quality than similar disclosures made by either poor performers from the non-carbon group in respect to packaging, waste and climate change risk activities; or better performers from carbon intensive group for recycling, climate change risk and carbon footprint activities. In relation to environmental reporting format, non-carbon companies with better environmental performance were significantly more likely than companies in all other groups to use the separation in reporting format for environmental activities. Poor environmental performers from the non-carbon group were significantly more likely to use integration as a form of reporting.",
author = "Abeer Hassan",
note = "The British Accounting and Finance Association (BAFA) Conference, Newcastle, UK, April, 2013; British Accounting and Finance Association Annual Conference 2013 ; Conference date: 14-05-2013",
year = "2013",
language = "English",

}

Environmental Performance and Voluntary Disclosure on Specific Environmental Activities : An Empirical Study of Carbon vs. Non-carbon Intensive Industries Legitimacy Proactive Approach. / Hassan, Abeer.

2013. Paper presented at British Accounting and Finance Association Annual Conference 2013, Newcastle, .

Research output: Contribution to conferencePaper

TY - CONF

T1 - Environmental Performance and Voluntary Disclosure on Specific Environmental Activities

T2 - An Empirical Study of Carbon vs. Non-carbon Intensive Industries Legitimacy Proactive Approach

AU - Hassan, Abeer

N1 - The British Accounting and Finance Association (BAFA) Conference, Newcastle, UK, April, 2013

PY - 2013

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N2 - Adopting legitimacy proactive approach, this paper examines and evaluates relationship between levels of environmental performance (measured by environmental awards) and the quality of specific voluntary environmental disclosure using a sample of UK FTSE 100 companies. Companies in the sample have been grouped according to industry membership (carbon intensive vs. non carbon-intensive) and environmental performance (poor performers vs. better performers). Descriptive statistics and t-test comparisons have been used to test for variations in the quality and reporting format of voluntary environmental disclosure between the companies in these groups. The Findings reveal that the extent of quantitative environmental disclosure by companies with poor environmental performance in the carbon intensive group was significantly higher than similar disclosures made by either better environmental performers from carbon intensive industries with respect to recycling and carbon footprint activities; or poor environmental performers from non-carbon intensive industries in respect of packaging, carbon footprint, and climate change risk. In contrast, quantitative environmental disclosure by better performers was found to be of a significantly higher quality than similar disclosures made by either poor performers from the non-carbon group in respect to packaging, waste and climate change risk activities; or better performers from carbon intensive group for recycling, climate change risk and carbon footprint activities. In relation to environmental reporting format, non-carbon companies with better environmental performance were significantly more likely than companies in all other groups to use the separation in reporting format for environmental activities. Poor environmental performers from the non-carbon group were significantly more likely to use integration as a form of reporting.

AB - Adopting legitimacy proactive approach, this paper examines and evaluates relationship between levels of environmental performance (measured by environmental awards) and the quality of specific voluntary environmental disclosure using a sample of UK FTSE 100 companies. Companies in the sample have been grouped according to industry membership (carbon intensive vs. non carbon-intensive) and environmental performance (poor performers vs. better performers). Descriptive statistics and t-test comparisons have been used to test for variations in the quality and reporting format of voluntary environmental disclosure between the companies in these groups. The Findings reveal that the extent of quantitative environmental disclosure by companies with poor environmental performance in the carbon intensive group was significantly higher than similar disclosures made by either better environmental performers from carbon intensive industries with respect to recycling and carbon footprint activities; or poor environmental performers from non-carbon intensive industries in respect of packaging, carbon footprint, and climate change risk. In contrast, quantitative environmental disclosure by better performers was found to be of a significantly higher quality than similar disclosures made by either poor performers from the non-carbon group in respect to packaging, waste and climate change risk activities; or better performers from carbon intensive group for recycling, climate change risk and carbon footprint activities. In relation to environmental reporting format, non-carbon companies with better environmental performance were significantly more likely than companies in all other groups to use the separation in reporting format for environmental activities. Poor environmental performers from the non-carbon group were significantly more likely to use integration as a form of reporting.

M3 - Paper

ER -