دورية أكاديمية

Market Masquerades? Corporate Climate Initiative Effects on Firm-Level Climate Performance.

التفاصيل البيبلوغرافية
العنوان: Market Masquerades? Corporate Climate Initiative Effects on Firm-Level Climate Performance.
المؤلفون: Coen, David, Herman, Kyle S., Pegram, Tom
المصدر: Global Environmental Politics; Nov2023, Vol. 23 Issue 4, p141-169, 29p
مصطلحات موضوعية: GOVERNMENT policy on climate change, PUBLIC companies, CLIMATE change mitigation, ENVIRONMENTAL, social, & governance factors, MASQUERADES
مستخلص: Climate performance in publicly traded companies has become an important focus for climate action. Non–state actor–led initiatives have emerged as influential governors in this arena, intended to plug gaps in public climate change regulation. This article addresses the key question, are such non–state led climate initiatives exerting a positive influence on corporate climate performance? To answer this question, we empirically evaluate the effects of eighteen such climate initiatives on corporate climate performance, distinguishing between "internal" and "external" initiatives. Based on an original data set of corporate climate initiatives that prioritize climate performance in the private sector, we find that each additional climate initiative has little to no impact on climate performance, modeled as scope 1 direct emissions, but does exert a positive influence on scope 2 indirect emissions. Our findings have implications for the trajectory of the private sector's climate transition, as well as the potential of corporate initiatives to steward effective climate action. [ABSTRACT FROM AUTHOR]
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قاعدة البيانات: Complementary Index
الوصف
تدمد:15263800
DOI:10.1162/glep_a_00711