Advanced

Environmental Disclosure of European Oil & Gas Compies - In context of Paris Climate Change Agreement COP21

Leopold, Lia LU and Jungkind, Sascha (2016) BUSN89 20161
Department of Business Administration
Abstract
Purpose: The primary aim of this study is to assess current environmental reporting undertaken by oil and gas companies in Europe with respect to COP 21.

Methodology: This study is exploratory in nature. By developing an environmental performance assessment framework
incorporating COP 21 requirements and oil and gas industry specific voluntary disclosure guidelines, a qualitative content analysis of environmental disclosure was conducted.

Theoretical Perspectives: The authors advocate previous studies and empirical results to formulate the assessment framework. Further, agency-, institutional-, stakeholder- and legitimacy theory largely determine the level of environmental disclosure activities by companies.

Empirical Foundation:... (More)
Purpose: The primary aim of this study is to assess current environmental reporting undertaken by oil and gas companies in Europe with respect to COP 21.

Methodology: This study is exploratory in nature. By developing an environmental performance assessment framework
incorporating COP 21 requirements and oil and gas industry specific voluntary disclosure guidelines, a qualitative content analysis of environmental disclosure was conducted.

Theoretical Perspectives: The authors advocate previous studies and empirical results to formulate the assessment framework. Further, agency-, institutional-, stakeholder- and legitimacy theory largely determine the level of environmental disclosure activities by companies.

Empirical Foundation: A sample size of 17 European oil and gas companies building the STOXX 600 index representing Great Britain, Sweden, Finland, Denmark, Norway, the Netherlands, France, Portugal, Spain and Italy.

Conclusion: Empirical findings are ambiguous. While, in line with previous studies, environmental disclosure is lacking quality as for reporting content and transparency, COP 21 required information is well established except for two major weaknesses surrounding EU specific targets: mitigation to reduce carbon emissions by 2030 and achieving non-zero emission by 2050. (Less)
Please use this url to cite or link to this publication:
author
Leopold, Lia LU and Jungkind, Sascha
supervisor
organization
course
BUSN89 20161
year
type
H1 - Master's Degree (One Year)
subject
keywords
Paris Climate Change Agreement, COP 21, oil and gas, STOXX 600, environmental reporting, environmental disclosure
language
English
id
8887265
date added to LUP
2016-08-22 12:50:31
date last changed
2016-08-22 12:50:31
@misc{8887265,
  abstract     = {Purpose: The primary aim of this study is to assess current environmental reporting undertaken by oil and gas companies in Europe with respect to COP 21.

Methodology: This study is exploratory in nature. By developing an environmental performance assessment framework
incorporating COP 21 requirements and oil and gas industry specific voluntary disclosure guidelines, a qualitative content analysis of environmental disclosure was conducted.

Theoretical Perspectives: The authors advocate previous studies and empirical results to formulate the assessment framework. Further, agency-, institutional-, stakeholder- and legitimacy theory largely determine the level of environmental disclosure activities by companies.

Empirical Foundation: A sample size of 17 European oil and gas companies building the STOXX 600 index representing Great Britain, Sweden, Finland, Denmark, Norway, the Netherlands, France, Portugal, Spain and Italy.

Conclusion: Empirical findings are ambiguous. While, in line with previous studies, environmental disclosure is lacking quality as for reporting content and transparency, COP 21 required information is well established except for two major weaknesses surrounding EU specific targets: mitigation to reduce carbon emissions by 2030 and achieving non-zero emission by 2050.},
  author       = {Leopold, Lia and Jungkind, Sascha},
  keyword      = {Paris Climate Change Agreement,COP 21,oil and gas,STOXX 600,environmental reporting,environmental disclosure},
  language     = {eng},
  note         = {Student Paper},
  title        = {Environmental Disclosure of European Oil & Gas Compies - In context of Paris Climate Change Agreement COP21},
  year         = {2016},
}