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How does the European Green Deal affect the disclosure of environmental information?

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Listed:
  • Isabel‐María García‐Sánchez
  • Esther Ortiz‐Martínez
  • Salvador Marín‐Hernández
  • Beatriz Aibar‐Guzmán

Abstract

The European Union has made the fight against climate change and the achievement of a sustainable economy political priorities. To promote the ecological transition of companies and corporate transparency, a broad regulatory framework has been developed. This paper analyses the effect of institutional pressures derived from this regulatory framework on the environmental information disclosed by 832 multinationals in the period 2011–2020. The results reveal a positive global effect, although, at an individual level, this effect is only maintained for the regulations and recommendations related to non‐financial information and the European Green Deal. Furthermore, the impact differs depending on the category of environmental information disclosed.

Suggested Citation

  • Isabel‐María García‐Sánchez & Esther Ortiz‐Martínez & Salvador Marín‐Hernández & Beatriz Aibar‐Guzmán, 2023. "How does the European Green Deal affect the disclosure of environmental information?," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 30(6), pages 2766-2782, November.
    • Handle: RePEc:wly:corsem:v:30:y:2023:i:6:p:2766-2782
    DOI: 10.1002/csr.2514
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