IDEAS home Printed from https://ideas.repec.org/a/eee/tefoso/v157y2020ics0040162520300433.html
   My bibliography  Save this article

Critical discourse analysis of climate change in IBEX 35 companies

Author

Listed:
  • Fernández-Vázquez, José-Santiago
  • Sancho-Rodríguez, Ángel

Abstract

This paper presents a multimodal analysis of the corporate sustainability webpages of Spanish IBEX 35 companies. Our intention is to determine how global corporations in Spain address climate change in the construction of their reputational identity. To do so, we examine the major discourses and narratives on climate change used by IBEX 35 companies in their public communications, in comparison with the conceptualizations put forward by other social agents, such as NGOs. From the methodological point of view, our study follows the theoretical principles of critical discourse analysis, multimodal studies and ecolinguistics. To conduct the analysis of webpages, we apply Halliday's systemic-functional grammar and Kress and Van Leeuwen's grammar of visual design. This methodological framework enables us to describe and classify images on the webpages and to determine how these images work to enforce certain narratives and ideologies. We also consider the type of language used on the webpages and the values with which these linguistic choices are associated.

Suggested Citation

  • Fernández-Vázquez, José-Santiago & Sancho-Rodríguez, Ángel, 2020. "Critical discourse analysis of climate change in IBEX 35 companies," Technological Forecasting and Social Change, Elsevier, vol. 157(C).
  • Handle: RePEc:eee:tefoso:v:157:y:2020:i:c:s0040162520300433
    DOI: 10.1016/j.techfore.2020.120063
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0040162520300433
    Download Restriction: Full text for ScienceDirect subscribers only

    File URL: https://libkey.io/10.1016/j.techfore.2020.120063?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. John Ferguson & Thereza Raquel Sales de Aguiar & Anne Fearfull, 2016. "Corporate response to climate change: language, power and symbolic construction," Accounting, Auditing & Accountability Journal, Emerald Group Publishing, vol. 29(2), pages 278-304, February.
    2. Paul Shrivastava & Nuno Guimaraes da Costa, 2017. "Achieving Environmental Sustainability: The case for Multilayered Collaboration across Disciplines and Players," Post-Print hal-01515113, HAL.
    3. Ikram Radhouane & Mehdi Nekhili & Haithem Nagati & Gilles Paché, 2018. "The impact of corporate environmental reporting on customer-related performance and market value," Post-Print hal-02380574, HAL.
    4. Rafael Bravo & Jorge Matute & José Pina, 2012. "Corporate Social Responsibility as a Vehicle to Reveal the Corporate Identity: A Study Focused on the Websites of Spanish Financial Entities," Journal of Business Ethics, Springer, vol. 107(2), pages 129-146, May.
    5. George Ferns & Kenneth Amaeshi & Aliette Lambert, 2019. "Drilling their Own Graves: How the European Oil and Gas Supermajors Avoid Sustainability Tensions Through Mythmaking," Journal of Business Ethics, Springer, vol. 158(1), pages 201-231, August.
    6. Paul Shrivastava & Nuno Guimaraes da Costa, 2017. "Achieving Environmental Sustainability: The case for Multilayered Collaboration across Disciplines and Players," Post-Print hal-01768901, HAL.
    7. Haque, Shamima & Islam, Muhammad Azizul, 2015. "Stakeholder pressures on corporate climate change-related accountability and disclosures: Australian evidence," Business and Politics, Cambridge University Press, vol. 17(2), pages 355-390, August.
    8. J. Emil Morhardt, 2010. "Corporate social responsibility and sustainability reporting on the Internet," Business Strategy and the Environment, Wiley Blackwell, vol. 19(7), pages 436-452, November.
    9. Andrea Liesen & Andreas G. Hoepner & Dennis M. Patten & Frank Figge, 2015. "Does stakeholder pressure influence corporate GHG emissions reporting? Empirical evidence from Europe," Accounting, Auditing & Accountability Journal, Emerald Group Publishing Limited, vol. 28(7), pages 1047-1074, September.
    10. Michaela Rankin & Carolyn Windsor & Dina Wahyuni, 2011. "An investigation of voluntary corporate greenhouse gas emissions reporting in a market governance system," Accounting, Auditing & Accountability Journal, Emerald Group Publishing Limited, vol. 24(8), pages 1037-1070, October.
    11. Nik Nazli Nik Ahmad & Dewan Mahboob Hossain, 2019. "Exploring the meaning of climate change discourses: an impression management exercise?," Accounting Research Journal, Emerald Group Publishing Limited, vol. 32(2), pages 113-128, July.
    12. Matias Laine, 2010. "Towards Sustaining the Status Quo: Business Talk of Sustainability in Finnish Corporate Disclosures 1987-2005," European Accounting Review, Taylor & Francis Journals, vol. 19(2), pages 247-274.
    13. David Littlewood & Rachel Decelis & Carola Hillenbrand & Diane Holt, 2018. "Examining the drivers and outcomes of corporate commitment to climate change action in European high emitting industry," Business Strategy and the Environment, Wiley Blackwell, vol. 27(8), pages 1437-1449, December.
    14. Carmen Córdova & Ana Zorio-Grima & Paloma Merello, 2018. "Carbon Emissions by South American Companies: Driving Factors for Reporting Decisions and Emissions Reduction," Sustainability, MDPI, vol. 10(7), pages 1-16, July.
    15. Jill F. Solomon & Aris Solomon & Simon D. Norton & Nathan L. Joseph, 2011. "Private climate change reporting: an emerging discourse of risk and opportunity?," Accounting, Auditing & Accountability Journal, Emerald Group Publishing Limited, vol. 24(8), pages 1119-1148, October.
    16. Øyvind Ihlen & Juliet Roper, 2014. "Corporate Reports on Sustainability and Sustainable Development: ‘We Have Arrived’," Sustainable Development, John Wiley & Sons, Ltd., vol. 22(1), pages 42-51, January.
    17. Halkos, George & Skouloudis, Antonis, 2016. "Exploring the current status and key determinants of corporate disclosure on climate change: Evidence from the Greek business sector," Environmental Science & Policy, Elsevier, vol. 56(C), pages 22-31.
    18. Le Luo & Qingliang Tang & Yi‐Chen Lan, 2013. "Comparison of propensity for carbon disclosure between developing and developed countries," Accounting Research Journal, Emerald Group Publishing Limited, vol. 26(1), pages 6-34, July.
    19. Iordanis M. Eleftheriadis & Evgenia G. Anagnostopoulou, 2015. "Relationship between Corporate Climate Change Disclosures and Firm Factors," Business Strategy and the Environment, Wiley Blackwell, vol. 24(8), pages 780-789, December.
    20. Belen Fernandez-Feijoo & Silvia Romero & Silvia Ruiz Blanco, 2019. "Are Integrated Reports Really Integrated in Spain?," CSR, Sustainability, Ethics & Governance, in: Samuel O. Idowu & Mara Del Baldo (ed.), Integrated Reporting, chapter 0, pages 291-318, Springer.
    21. Chen, Chun-Shuo & Yu, Chih-Ching & Hu, Jer-San, 2018. "Constructing performance measurement indicators to suggested corporate environmental responsibility framework," Technological Forecasting and Social Change, Elsevier, vol. 135(C), pages 33-43.
    22. Silvia Romero & Silvia Ruiz & Belen Fernandez‐Feijoo, 2019. "Sustainability reporting and stakeholder engagement in Spain: Different instruments, different quality," Business Strategy and the Environment, Wiley Blackwell, vol. 28(1), pages 221-232, January.
    23. Daniel Kouloukoui & Ângelo Marcio Oliveira Sant'Anna & Sônia Maria da Silva Gomes & Marcia Mara de Oliveira Marinho & Pieter de Jong & Asher Kiperstok & Ednildo Andrade Torres, 2019. "Factors influencing the level of environmental disclosures in sustainability reports: Case of climate risk disclosure by Brazilian companies," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 26(4), pages 791-804, July.
    24. Freedman, Martin & Jaggi, Bikki, 2005. "Global warming, commitment to the Kyoto protocol, and accounting disclosures by the largest global public firms from polluting industries," The International Journal of Accounting, Elsevier, vol. 40(3), pages 215-232.
    25. Calabrese, Armando & Costa, Roberta & Levialdi, Nathan & Menichini, Tamara, 2019. "Integrating sustainability into strategic decision-making: A fuzzy AHP method for the selection of relevant sustainability issues," Technological Forecasting and Social Change, Elsevier, vol. 139(C), pages 155-168.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Zahra Borghei, 2021. "Carbon disclosure: a systematic literature review," Accounting and Finance, Accounting and Finance Association of Australia and New Zealand, vol. 61(4), pages 5255-5280, December.
    2. Rong He & Le Luo & Abul Shamsuddin & Qingliang Tang, 2022. "Corporate carbon accounting: a literature review of carbon accounting research from the Kyoto Protocol to the Paris Agreement," Accounting and Finance, Accounting and Finance Association of Australia and New Zealand, vol. 62(1), pages 261-298, March.
    3. Antonio J. Mateo-Márquez & José M. González-González & Constancio Zamora-Ramírez, 2021. "Components of Countries’ Regulative Dimensions and Voluntary Carbon Disclosures," Sustainability, MDPI, vol. 13(4), pages 1-22, February.
    4. Janice Hollindale & Pamela Kent & James Routledge & Larelle Chapple, 2019. "Women on boards and greenhouse gas emission disclosures," Accounting and Finance, Accounting and Finance Association of Australia and New Zealand, vol. 59(1), pages 277-308, March.
    5. Ruiqin Mou & Tao Ma, 2023. "A Study on the Quality and Determinants of Climate Information Disclosure of A-Share-Listed Banks," Sustainability, MDPI, vol. 15(10), pages 1-19, May.
    6. Antonio J. Mateo‐Márquez & José M. González‐González & Constancio Zamora‐Ramírez, 2021. "The influence of countries' climate change‐related institutional profile on voluntary environmental disclosures," Business Strategy and the Environment, Wiley Blackwell, vol. 30(2), pages 1357-1373, February.
    7. Bikki Jaggi & Alessandra Allini & Riccardo Macchioni & Annamaria Zampella, 2018. "Do investors find carbon information useful? Evidence from Italian firms," Review of Quantitative Finance and Accounting, Springer, vol. 50(4), pages 1031-1056, May.
    8. Lyton Chithambo & Venancio Tauringana & Ishmael Tingbani & Laura Achiro, 2022. "Stakeholder pressure and greenhouses gas voluntary disclosures," Business Strategy and the Environment, Wiley Blackwell, vol. 31(1), pages 159-172, January.
    9. Silvia Ruiz & Silvia Romero & Belen Fernandez‐Feijoo, 2021. "Stakeholder engagement is evolving: Do investors play a main role?," Business Strategy and the Environment, Wiley Blackwell, vol. 30(2), pages 1105-1120, February.
    10. Lyton Chithambo & Ishmael Tingbani & Godfred Afrifa Agyapong & Ernest Gyapong & Isaac Sakyi Damoah, 2020. "Corporate voluntary greenhouse gas reporting: Stakeholder pressure and the mediating role of the chief executive officer," Business Strategy and the Environment, Wiley Blackwell, vol. 29(4), pages 1666-1683, May.
    11. Faisal Faisal & Erika Dwi Andiningtyas & Tarmizi Achmad & Haryanto Haryanto & Wahyu Meiranto, 2018. "The content and determinants of greenhouse gas emission disclosure: Evidence from Indonesian companies," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 25(6), pages 1397-1406, November.
    12. Luo, Le & Tang, Qingliang, 2014. "Does voluntary carbon disclosure reflect underlying carbon performance?," Journal of Contemporary Accounting and Economics, Elsevier, vol. 10(3), pages 191-205.
    13. Florence Depoers & Thomas Jeanjean & Tiphaine Jérôme, 2016. "Voluntary Disclosure of Greenhouse Gas Emissions: Contrasting the Carbon Disclosure Project and Corporate Reports," Journal of Business Ethics, Springer, vol. 134(3), pages 445-461, March.
    14. Faizul Haque & Collins G Ntim, 2018. "Environmental Policy, Sustainable Development, Governance Mechanisms and Environmental Performance," Business Strategy and the Environment, Wiley Blackwell, vol. 27(3), pages 415-435, March.
    15. Ayman Hassan Bazhair & Saleh F. A. Khatib & Hamzeh Al Amosh, 2022. "Taking Stock of Carbon Disclosure Research While Looking to the Future: A Systematic Literature Review," Sustainability, MDPI, vol. 14(20), pages 1-24, October.
    16. Evangeline O. Elijido-Ten & Peter Clarkson, 2019. "Going Beyond Climate Change Risk Management: Insights from the World’s Largest Most Sustainable Corporations," Journal of Business Ethics, Springer, vol. 157(4), pages 1067-1089, July.
    17. Ishmael Tingbani & Lyton Chithambo & Venancio Tauringana & Nikolaos Papanikolaou, 2020. "Board gender diversity, environmental committee and greenhouse gas voluntary disclosures," Business Strategy and the Environment, Wiley Blackwell, vol. 29(6), pages 2194-2210, September.
    18. Yuchen Shen & Mohammad Tazul Islam & Michiyuki Yagi & Katsuhiko Kokubu, 2015. "How do firms' climate-related management and strategy affect climate change risks and opportunities awareness?," Discussion Papers 2015-26, Kobe University, Graduate School of Business Administration.
    19. Ramona Zharfpeykan, 2021. "Representative account or greenwashing? Voluntary sustainability reports in Australia's mining/metals and financial services industries," Business Strategy and the Environment, Wiley Blackwell, vol. 30(4), pages 2209-2223, May.
    20. Saravanamuthu, Kala & Lehman, Cheryl, 2013. "Enhancing stakeholder interaction through environmental risk accounts," CRITICAL PERSPECTIVES ON ACCOUNTING, Elsevier, vol. 24(6), pages 410-437.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:tefoso:v:157:y:2020:i:c:s0040162520300433. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.sciencedirect.com/science/journal/00401625 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.