IDEAS home Printed from https://ideas.repec.org/a/taf/seaccj/v37y2017i3p203-221.html
   My bibliography  Save this article

SEC’s 2010 Release on Climate Change: Shifting from Voluntary to Mandatory Climate Change Disclosure

Author

Listed:
  • Martin Freedman
  • Jin Park

Abstract

Although the United States Congress has not federally mandated climate change policies, the Securities and Exchange Commission (SEC) has instituted climate change disclosure policies. As part of this policy it requires that firms making certain voluntary climate change disclosures also provide them in their mandatory annual filings with the SEC. Using a sample of companies that participate in Regional Greenhouse Gas Initiative and are therefore major generators of carbon emissions we found that for these firms a small portion of them still provide voluntary climate change disclosures that are not included in their mandatory SEC annual filings. These disclosures are mainly concerned with their environmental reputation or with capital expenditures for climate change. Furthermore, we find that voluntary climate change disclosures after the February 2010 SEC release date significantly decreased whereas mandatory disclosure significantly increased, suggesting that the SEC release had a dampening effect on voluntary disclosures.

Suggested Citation

  • Martin Freedman & Jin Park, 2017. "SEC’s 2010 Release on Climate Change: Shifting from Voluntary to Mandatory Climate Change Disclosure," Social and Environmental Accountability Journal, Taylor & Francis Journals, vol. 37(3), pages 203-221, September.
    • Handle: RePEc:taf:seaccj:v:37:y:2017:i:3:p:203-221
    DOI: 10.1080/0969160X.2017.1379030
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/0969160X.2017.1379030
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/0969160X.2017.1379030?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.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. 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.

    More about this item

    Statistics

    Access and download statistics

    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:taf:seaccj:v:37:y:2017:i:3:p:203-221. 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.

    We have no bibliographic references for this item. You can help adding them by using 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: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/REAJ20 .

    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.