A systematic review of corporate carbon accounting and disclosure practices: Charting the path to carbon neutrality

Authors

DOI:

https://doi.org/10.30585/jrems.v2i4.547

Keywords:

Carbon accounting, climate change, social accounting, carbon emission, sustainability reports, social responsibility, Global Reporting Initiative

Abstract

The study examined the theoretical motivation for carbon disclosure and its adequacy for deliberate responsible action. Generally, there is an increase in corporate carbon disclosures in the business sector. Organizations are mostly disclosing their carbon emissions through annual reports, integrated reports, or stand-alone sustainability reports for different reasons and motives. However, the study infers that the quality and adequacy of the current disclosures are debatable due to a lack of consistency and technical details. The causal reason may be due to the inherently voluntary nature of the corporate carbon disclosure. The study finds that there is less research on carbon accounting and disclosures in developing countries especially, in Africa. There is a need for organizations to streamline the application and approaches to carbon accounting. The study suggests the necessity for government regulators and standard setters in accounting to provide a framework that will guide carbon disclosure practices.

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Published

2020-10-07

How to Cite

Ganu, J., & Amo, H. F. . (2020). A systematic review of corporate carbon accounting and disclosure practices: Charting the path to carbon neutrality. Journal of Research in Emerging Markets, 2(4), 68-81. https://doi.org/10.30585/jrems.v2i4.547