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Business Law, Public Responsibility, and Ethics Commons

Open Access. Powered by Scholars. Published by Universities.®

University of Massachusetts Boston

2011

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The Politics Of Carbon Disclosure As Climate Governance, Janelle Knox-Hayes, David Levy Jan 2011

The Politics Of Carbon Disclosure As Climate Governance, Janelle Knox-Hayes, David Levy

Management and Marketing Faculty Publication Series

The rapid growth in carbon disclosure in recent years represents a major success in the struggle to build awareness and action on climate change. The growth of carbon disclosure is the result of three core drivers: regulatory compliance, pressure from non-governmental organizations (NGOs) and managerial information systems intended to facilitate participation in carbon markets, reduce energy costs and manage reputational risks. In this essay, we argue that the strategies pursued by ‘institutional entrepreneurs’ have played a key role in the successful institutionalization of carbon disclosure by bringing together companies, NGOs and government agencies. The Carbon Disclosure Project (CDP), in particular ...