Influencing factors on carbon reporting: an empirical study in Spanish companies, Dr. José González‐González and Dr. Constancio Zamora‐Ramírez
Dr. José María González‐González, Dr. Constancio Zamora‐Ramírez
Department of Accounting and Finance
University of Seville, Seville
Spain
Email: jgonzalez@us.es
DOI: 10.1108/20425941311313074
Purpose: The Carbon Disclosure Project (CDP) has become an international instrument for carbon reporting of companies. The purpose of this paper is to analyze the influence of some factors of the institutional environment of organizations (regulatory pressure, sustainability normative demands and interconnectedness) on the evaluation obtained by Spanish companies in this project.
Design/methodology/approach: This paper has proceeded to make a multiple regression analysis in order to analyze the relationship between the dependent variable (“Carbon Disclosure” qualification) and independent variables (regulatory pressure, sustainability normative demands and interconnectedness) supported on the computer program Statistical Package for the Social Sciences (SPSS).
Findings: The results show that the interconnectedness of companies through their participation in associations that fight against climate change is the analyzed factor with a higher predictive power and statistical significance. Also, the regulatory pressure and normative demands from sustainability indexes, such as Dow Jones Sustainability Index, influence the carbon reporting of organizations participating in the CDP.
Research limitations/implications: The main limitation of this paper is the reduced number of Spanish companies participating in the CDP.
Originality/value: This paper highlights the importance of the role developed by the associations fighting against climate change, since they allow the members to belong to a network through which they share resources, norms and values that positively and significantly influence their behaviour related to carbon reporting.
Keywords: Spain; Organizations; Climate change; Carbon; Information disclosure; Carbon reporting; Carbon disclosure project; Institutional theory; Spanish companies.
Citation: María González‐González, J. and Zamora‐Ramírez, C. (2013), "Influencing factors on carbon reporting: an empirical study in Spanish companies", World Journal of Science, Technology and Sustainable Development, Vol. 10 No. 1, pp. 19-29. https://doi.org/10.1108/20425941311313074
