Financial Stakeholder Perceptions of Green IS: Risks, Rewards and Realities
(2023) INFM10 20231Department of Informatics
- Abstract
- As environmental pressures mount, the corporate world is steering towards green information systems (IS) to respond to sustainability predicaments. This study uncovers financial stakeholders' attitudes towards the benefits and challenges of environmental and carbon management systems (ECMS) initiatives, as well as transformative green IS initiatives. Relying on the usefulness of signalling theory and comprehensive semi-structured interviews, the findings of our analysis highlight a pressing need for consistent and verifiable environmental sustainability data to inform financial stakeholders’ decision-making. While green IS initiatives present a promising outlook for environmental benefits, they simultaneously expose significant risks and... (More)
- As environmental pressures mount, the corporate world is steering towards green information systems (IS) to respond to sustainability predicaments. This study uncovers financial stakeholders' attitudes towards the benefits and challenges of environmental and carbon management systems (ECMS) initiatives, as well as transformative green IS initiatives. Relying on the usefulness of signalling theory and comprehensive semi-structured interviews, the findings of our analysis highlight a pressing need for consistent and verifiable environmental sustainability data to inform financial stakeholders’ decision-making. While green IS initiatives present a promising outlook for environmental benefits, they simultaneously expose significant risks and data management challenges. Additionally, an emergent discrepancy appeared between stakeholders' overt dedication to sustainability and their tangible investment actions, revealing the intricate mechanics of investment decision-making processes. Importantly, the study underscores the profound impact of regulatory mandates in sculpting the evolution of corporate sustainability reporting. Such insights offer critical directions for businesses aspiring to harmonize their green IS ventures with the anticipations of financial stakeholders, fostering a shift towards increasingly sustainable investment protocols. (Less)
Please use this url to cite or link to this publication:
http://lup.lub.lu.se/student-papers/record/9118527
- author
- Andersen, Valdemar Wendelboe LU and Abdallah, Heba LU
- supervisor
- organization
- course
- INFM10 20231
- year
- 2023
- type
- H1 - Master's Degree (One Year)
- subject
- keywords
- Green Information Systems (IS), Financial stakeholders, sustainability, decision-making, investment
- language
- English
- id
- 9118527
- date added to LUP
- 2023-06-14 10:29:56
- date last changed
- 2023-06-14 10:29:56
@misc{9118527, abstract = {{As environmental pressures mount, the corporate world is steering towards green information systems (IS) to respond to sustainability predicaments. This study uncovers financial stakeholders' attitudes towards the benefits and challenges of environmental and carbon management systems (ECMS) initiatives, as well as transformative green IS initiatives. Relying on the usefulness of signalling theory and comprehensive semi-structured interviews, the findings of our analysis highlight a pressing need for consistent and verifiable environmental sustainability data to inform financial stakeholders’ decision-making. While green IS initiatives present a promising outlook for environmental benefits, they simultaneously expose significant risks and data management challenges. Additionally, an emergent discrepancy appeared between stakeholders' overt dedication to sustainability and their tangible investment actions, revealing the intricate mechanics of investment decision-making processes. Importantly, the study underscores the profound impact of regulatory mandates in sculpting the evolution of corporate sustainability reporting. Such insights offer critical directions for businesses aspiring to harmonize their green IS ventures with the anticipations of financial stakeholders, fostering a shift towards increasingly sustainable investment protocols.}}, author = {{Andersen, Valdemar Wendelboe and Abdallah, Heba}}, language = {{eng}}, note = {{Student Paper}}, title = {{Financial Stakeholder Perceptions of Green IS: Risks, Rewards and Realities}}, year = {{2023}}, }