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From Environmental Reporting to Environmental Performance

Author

Listed:
  • Michaela Bednárová

    (Department of Financial Economics and Accounting, Faculty of Business, Pablo de Olavide University, 41013 Sevilla, Spain)

  • Roman Klimko

    (Department of Social Development and Labour, Faculty of National Economy, University of Economics in Bratislava, 852 35 Bratislava, Slovakia)

  • Eva Rievajová

    (Department of Social Development and Labour, Faculty of National Economy, University of Economics in Bratislava, 852 35 Bratislava, Slovakia)

Abstract

This paper identifies factors influencing environmental disclosure and environmental performance of the top 100 Fortune Global companies. The analysis identifies whether they follow the Global Reporting Initiative (GRI) standards to gain and maintain legitimacy with relevant stakeholders. Other factors such as sector and region are taken into account, with empirical testing of a model for the relationship between the extent of environmental disclosure (measured by the developed index based on GRI indicators), sector membership, region, and actual environmental performance. Evidence exists that the main factors related to actual environmental performance were the region and level of environmental disclosure.

Suggested Citation

  • Michaela Bednárová & Roman Klimko & Eva Rievajová, 2019. "From Environmental Reporting to Environmental Performance," Sustainability, MDPI, vol. 11(9), pages 1-12, May.
    • Handle: RePEc:gam:jsusta:v:11:y:2019:i:9:p:2549-:d:227793
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    References listed on IDEAS

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    2. Ivan Ruiz Manuel & Kornelis Blok, 2023. "Quantitative evaluation of large corporate climate action initiatives shows mixed progress in their first half-decade," Nature Communications, Nature, vol. 14(1), pages 1-15, December.
    3. My Hanh Doan & Remmer Sassen, 2020. "The relationship between environmental performance and environmental disclosure: A meta‐analysis," Journal of Industrial Ecology, Yale University, vol. 24(5), pages 1140-1157, October.
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    5. Zhuk, Valerii & Zamula, Iryna & Liudvenko, Dmytro & Popko, Yevheniya, 2020. "Development of non-financial reporting of agricultural enterprises of Ukraine," Agricultural and Resource Economics: International Scientific E-Journal, Agricultural and Resource Economics: International Scientific E-Journal, vol. 6(4), December.
    6. Francesco Paolone & Matteo Pozzoli & Nicola Cucari & Rosario Bianco, 2023. "Longer board tenure and audit committee tenure. How do they impact environmental performance? A European study," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 30(1), pages 358-368, January.
    7. Yusheng Kong & Andrew Agyemang & Noha Alessa & Maxwell Kongkuah, 2023. "The Moderating Role of Technological Innovation on Environment, Social, and Governance (ESG) Performance and Firm Value: Evidence from Developing and Least-Developed Countries," Sustainability, MDPI, vol. 15(19), pages 1-16, September.
    8. Andrew S. Chang & Claudia Canelas & Yi-Ling Chen, 2021. "Relationships between Environmental Initiatives and Impact Reductions for Construction Companies," Sustainability, MDPI, vol. 13(14), pages 1-15, July.
    9. Christin Seifert & Matthias Damert & Edeltraud Guenther, 2020. "Environmental Management in German Hospitals—A Classification of Approaches," Sustainability, MDPI, vol. 12(11), pages 1-24, May.

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