New Perspective in Corporate Environmental Targets Reporting

Jan Dusek; Yoshiro Fukuda

doi:10.20965/ijat.2012.p0338

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IJAT Vol.6 No.3 pp. 338-344

doi: 10.20965/ijat.2012.p0338

(2012)

Paper:

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New Perspective in Corporate Environmental Targets Reporting

Jan Dusek and Yoshiro Fukuda

Hosei University, 2-17-1 Fujimi, Chioda-ku, Tokyo 102-8160, Japan

Received:

October 29, 2011

Accepted:

March 26, 2012

Published:

May 5, 2012

Keywords:

environmental targets, environmental performance evaluation, target-setting behavior

Abstract

Nowadays it is increasingly important for companies to stay credible in terms of their commitment to address global warming and reduce their environmental impact. One way to do this is to consistently and transparently disclose environmental data. This research aims to investigate environmental data disclosed by companies, with a particular focus on corporate environmental targets. We analyze the historical timelines of corporate environmental targets for a sample of major Japanese manufacturing companies in order to understand patterns of target-setting behavior. In a number of cases, we identify a significant level of inconsistency. We examine the implications of this phenomenon by conducting a questionnaire among a stakeholder group that deals with the issue of corporate environmental disclosure on a daily basis – sustainability-rating agencies. The output of this study consists of a proposed Environmental Target Model (ETM) based on the target-setting best-practice experience of rating agencies and our findings.

Cite this article as:

J. Dusek and Y. Fukuda, “New Perspective in Corporate Environmental Targets Reporting,” Int. J. Automation Technol., Vol.6 No.3, pp. 338-344, 2012.

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References

[1] K. Hirayama et al., “Environmental Reports by Japanese Companies,” DisClosure, No.2001, 2002.
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[13] CRRA, 2011 Global Winners & Reporting Trends, No.March. 2011.

This article is published under a Creative Commons Attribution-NoDerivatives 4.0 Internationa License.

[1] [1] K. Hirayama et al., “Environmental Reports by Japanese Companies,” DisClosure, No.2001, 2002.

[2] [2] J. Kaenzig, “Using Life Cycle Approaches to Enhance the Value of Corporate Environmental Disclosures,” Business Strategy and the Environment, Vol.54, No.2009, pp. 38-54, 2011.

[3] [3] K. Fukukawa and Y. Teramoto, “Understanding Japanese CSR: The Reflections of Managers in the Field of Global Operations,” J. of Business Ethics, Vol.85, No.1, pp. 133-146, Sep. 2008.

[4] [4] N. Demise, “CSR in Japan: A historical perspective,” in Eighth World Congress of the International Federation of Scholarly Association of Management, 28-30 September, Berlin, 2006.

[5] [5] K. Sakuma and C. Louche, “Socially Responsible Investment in Japan: Its Mechanism and Drivers,” J. of Business Ethics, Vol.82, No.2, pp. 425-448, Aug. 2008.

[6] [6] Y. Takagaki, “Japanese firms’ environmental strategy: Examples from electronics-related industries,” Asian Business & Management, Vol.9, No.2, pp. 245-264, Jun. 2010.

[7] [7] H. Nakamaru, “Trends and future issues of environmental management in Japan,” Asian Business & Management, Vol.9, No.2, pp. 189-207, Jun. 2010.

[8] [8] N. Sugiyama and T. Takeuchi, “Local Policies for Climate Change in Japan,” The J. of Environment & Development, Vol.17, No.4, pp. 424-441, Dec. 2008.

[9] [9] Results of the Fiscal 2010 Follow-up to the Keidanren Voluntary Action Plan on the Environment (Summary) – Section on Global Warming Measures – Performance in Fiscal 2009, Japan Business Federation, Nippon Keidanren, 2010.

[10] [10] K. Tatsuo, “An analysis of the eco-efficiency and economic performance of Japanese companies,” Asian Business & Management, Vol.9, No.2, pp. 209-222, Jun. 2010.

[11] [11] A. J. Hoffman and P. C. on G. C. Change, “Carbon strategies: how leading companies are reducing their climate change footprint,” University of Michigan Press, p. 175, 2007.

[12] [12] Liaison Group of Japanese Electrical and Electronics Industries for Global Warming Prevention, Effective Action on Global Warming Prevention. 2008.

[13] [13] CRRA, 2011 Global Winners & Reporting Trends, No.March. 2011.