Corporate environmental transparency in China
type: CreativeWork
description: The intensification of the environmental crisis has led stakeholders to pay increasing attention to corporate environmental transparency (CET). One obvious manifestation of this interest is that they require companies to present openness and disclose various information related to the environment. As an influential stakeholder group, policy-makers have also attached greater significance to the adoption of environmental policies based on information disclosure. For example, the International Sustainability Standards Board (ISSB), whose objective is to develop global sustainability disclosure standards, was established at the 2021 United Nations Climate Change Conference (COP26). In policy-making practice, transparency is often advocated as a prerequisite for legitimacy, policy efficiency, and good governance. The direction of accounting research is often inextricably linked to changes in the field of practice. In recent years, the concept of transparency has attracted extensive attention among accounting scholars. However, current research tends to use corporate environmental disclosure as a measure of corporate transparency. In the context of the general absence of environmental disclosure regulation, and therefore of standardised (and comparable) disclosures, this trend is highly controversial. Some scholars have critically commented that in addition to corporate environmental disclosure, there are other channels, such as government websites, media news reports, etc., through which to make corporate environmental information transparent to the public. As the country with the world’s highest share of carbon emissions, China is determined to accelerate various reform measures to achieve the carbon neutrality it has committed to reaching by 2060. Since 2017, China has implemented a mandatory environmental disclosure policy to promote the environmental transparency of listed companies and in so doing provides a promising policy environment and comparable standards for …
abstract: The intensification of the environmental crisis has led stakeholders to pay increasing attention to corporate environmental transparency (CET). One obvious manifestation of this interest is that they require companies to present openness and disclose various information related to the environment. As an influential stakeholder group, policy-makers have also attached greater significance to the adoption of environmental policies based on information disclosure. For example, the International Sustainability Standards Board (ISSB), whose objective is to develop global sustainability disclosure standards, was established at the 2021 United Nations Climate Change Conference (COP26). In policy-making practice, transparency is often advocated as a prerequisite for legitimacy, policy efficiency, and good governance. The direction of accounting research is often inextricably linked to changes in the field of practice. In recent years, the concept of transparency has attracted extensive attention among accounting scholars. However, current research tends to use corporate environmental disclosure as a measure of corporate transparency. In the context of the general absence of environmental disclosure regulation, and therefore of standardised (and comparable) disclosures, this trend is highly controversial. Some scholars have critically commented that in addition to corporate environmental disclosure, there are other channels, such as government websites, media news reports, etc., through which to make corporate environmental information transparent to the public. As the country with the world’s highest share of carbon emissions, China is determined to accelerate various reform measures to achieve the carbon neutrality it has committed to reaching by 2060. Since 2017, China has implemented a mandatory environmental disclosure policy to promote the environmental transparency of listed companies and in so doing provides a promising policy environment and comparable standards for …
author: Cai, Wei
keywords: Corporate Environmental Transparency (CET), Corporate Financial Performance, Corporate Environmental Disclosure, Key Pollutant-discharging Entities (KPEs), Environmental Policy
license: https://researchcommons.waikato.ac.nz/bitstreams/2e2b05fa-43ac-41ee-adb1-aa68050f5501/download
date published: 2022
date modified: 2026-07-24T05:57:55Z
provider: University Waikato
publisher: Networked Digital Library of Theses and Dissertations
type: WebPage
source organization: The University of Waikato