The Impact of Carbon Disclosure & Carbon Performance on Firm Value
Summary
This research aims to examine the effect of carbon management on firm value and explore how this impact varies depending on the level of environmental sensitivity within different sectors. The primary objective of this study is to understand the association between a company's carbon performance, carbon disclosure, and its overall value. To address this research question, a sample consisting of S&P 500 companies from years 2016 to 2020 is analysed, utilizing the climate change score computed by