GX & Decarbonization Research

Taoufik Elkemali

Using 12,025 European firm-year observations, this study finds that R&D intensity positively influences ESG disclosure, with board independence strengthening this link. It highlights innovation-related informational frictions as a key deter…

Zhao Zhang, Bing Zhang, Jiyuan You +2

This paper empirically examines the relationship between ESG disclosure quantity and firm value, finding that more disclosure is not always beneficial. It suggests that excessive disclosure may impose information costs and noise, highlighti…

Katherine Helen Aurora, Suci Normala, Riana Sari +3

This study examines the strategic link between integrated sustainability reporting (ISR) and financial performance in emerging markets. Using 448 data points from five countries and structural equation modeling, it finds that ESG disclosure…

Bianchi M. T., Cicchini D., Principale S.

This study examines the impact of publishing sustainability plans on firm performance and decoupling (gap between reported and actual outcomes) using panel regression on 990 European NFRD firms from 2018-2022. Results show that adopting a s…

Kiswanto Kiswanto, Ufi Dalilati, Caraka Hadi +3

This study examines how board size, nationality diversity, and institutional ownership affect carbon emission disclosure (CED) among Indonesian listed energy firms, with ROA as a mediator. Expected results indicate that strong governance en…

Veneziani, Monica, Cosa, Marcello, Torelli, Riccardo +1

This paper benchmarks ESG practices of 12 leading HVAC companies (2019-2023) using a tri-axial framework aligning LCA, IEQ, and CSR with ESRS. Findings show environmental metrics are more mature than social/governance; disclosures emphasize…

Yulazri Yulazri, Eka Bertuah, Sugiyanto Sugiyanto +1

This systematic literature review synthesizes 14 empirical studies (2007-2024) on ESG performance and enterprise value. It finds a generally positive association, varying by industry, ownership, and regulation. The review highlights measure…

Sipei Zhou

This paper argues that ESG oversight has become a de facto global minimum for capital market access, citing the EU's CSRD, SEC climate proposals, and Japan's TEPCO judgment. Through comparative analysis of Delaware's Caremark doctrine, Germ…

Sadhana Awate

This paper proposes a conceptual framework linking ESG practices to the UN SDGs using double-materiality and impact pathways. It identifies convergence areas like environmental stewardship and governance, and highlights gaps in measurement …

Nasruddin ., Weni J.A. Musa, Marike Mahmud

This review synthesizes literature on industrial symbiosis (IS) and eco-industrial parks (EIPs) from 2000-2026 in the context of ESG and decarbonization. It finds that environmental improvements are strong but dependent on baselines and ass…

Dr. Subholaxmi Mukherjee -

This paper critically examines India's evolving ESG disclosure regime, highlighting the shift from voluntary to quasi-mandatory with the BRSR framework. It addresses the rising phenomenon of greenwashing and legal risks, arguing for a conve…

Ammad Ahmed, Sumit Dhull, Atia Hussain

This paper examines how adverse climate narrative innovations (regulatory and opportunity shocks) affect ESG reporting credibility, measured as ESG alignment. Using a multi-country panel from 2001-2023, it finds that adverse shocks lower al…

Nhung Do Cam1* , Ha Do Thi Thu2

This study uses S&P Global ESG scores for over 200 U.S. commercial banks from 2014-2024 to analyze ESG adoption. It highlights how regulatory milestones like TCFD recommendations and the SEC's 2024 Climate Disclosure Rule shape disclosure e…

Olajumoke Mary Ogundipe

This study compares how ESG disclosure reshapes audit accountability in European and African financial institutions. European markets show strong ESG-audit integration driven by CSRD, while African markets exhibit gradual adoption. An integ…

Wei Liu, Nicholas Dacre, Hao Dong +2

This empirical study compares European chemical and software industries to examine how actual ESG performance and ESG disclosure affect corporate financial performance. Results show that actual ESG performance has greater financial impact i…

Mohammed Alfify, Hussein H. Sharaf‐Addin

This systematic literature review examines the relationship between audit quality and ESG corporate performance. Using PRISMA, it screened 522 articles and retained 37, confirming that high-quality audit enhances the credibility of sustaina…

Yifei Liu

This paper develops an ESG disclosure quality evaluation system for the textile and apparel industry, based on GRI standards and accounting quality characteristics. Analyzing 200 Chinese listed firms in 2023, it finds an average score of 5.…

Nurrahmaniah Nurrahmaniah, Popong Nurhayati, Bagus Sartono

This study analyzes the effect of ESG disclosure transparency on the financial performance of 40 mining companies listed on the Indonesia Stock Exchange (2018-2023). Using panel data regression, it finds that ESG disclosure positively and s…

A. Vinodan, S. Mahalakshmi

This paper examines ESG reporting and disclosure frameworks for micro, small, and medium enterprises (MSMEs). It discusses challenges such as limited resources and provides recommendations for standards and support mechanisms to facilitate …

Tri Wulandari, Syafrida Hani, Maya Sari

This study examines the effect of sustainability reporting and ESG disclosure on firm value (PBV) in Indonesian energy sector firms listed on IDX from 2019-2023, with profitability (ROA) as a moderator. Findings show only sustainability rep…