Driving emissions reduction: the power of external sustainability assurance and internal governance committees

Ayman Issa ()
Additional contact information
Ayman Issa: Dongbei University of Finance and Economics

International Journal of Disclosure and Governance, 2025, vol. 22, issue 1, No 9, 140-154

Abstract: Abstract The aim of this study is to investigate the relationship between carbon performance and third-party assurance of sustainability, as well as the moderating role of board committees. Using data from companies listed in the STOXX Europe 600 index from 2006 to 2021, the study finds that there is a positive relationship between a firm’s GHG reduction initiatives and external assurance of sustainability. Additionally, the study finds that the presence of sustainability committee and governance committee moderate this relationship, suggesting that companies with dedicated sustainability and governance committees may be better equipped to implement and verify their GHG reduction initiatives. The results are consistent and reliable across various econometric techniques. These findings have important implications for firms pursuing to enhance their eco-friendly practices and for policymakers looking to incentivize and regulate sustainability initiatives.

Keywords: GHG reduction initiatives; External assurance of sustainability; Institutional theory; Sustainability committee; Governance committee (search for similar items in EconPapers)
Date: 2025
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://link.springer.com/10.1057/s41310-024-00242-7 Abstract (text/html)
Access to the full text of the articles in this series is restricted.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pal:ijodag:v:22:y:2025:i:1:d:10.1057_s41310-024-00242-7

Ordering information: This journal article can be ordered from
https://www.palgrave.com/gp/journal/41310

DOI: 10.1057/s41310-024-00242-7

Access Statistics for this article

International Journal of Disclosure and Governance is currently edited by Michael Alles

More articles in International Journal of Disclosure and Governance from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().