TY - JOUR
T1 - Failure to consider environmental risk
T2 - The case for biodiversity impact disclosure in the electricity sector
AU - Talbot, David
AU - Barbat, Guillaume
AU - Boiral, Olivier
AU - Ordonez-Ponce, Eduardo
N1 - Publisher Copyright:
© 2023 Elsevier Ltd
PY - 2023/12
Y1 - 2023/12
N2 - The activities of electric utilities have a significant impact on biodiversity loss. This study examines the disclosure practices and strategies of electric utilities in Canada (N = 95). Content analysis of sustainability reports and corporate websites reveals a significant gap between the risks of biodiversity loss and the companies' commitments in this area. This study groups disclosure practices to identify three overall strategies (wait-and-see, symbolic adoption, and consequential commitment). These results contribute to the literature on biodiversity disclosure, with significant managerial and policy implications, particularly for implementing mandatory disclosure standards to ensure greater consistency in the presentation of corporate performance.
AB - The activities of electric utilities have a significant impact on biodiversity loss. This study examines the disclosure practices and strategies of electric utilities in Canada (N = 95). Content analysis of sustainability reports and corporate websites reveals a significant gap between the risks of biodiversity loss and the companies' commitments in this area. This study groups disclosure practices to identify three overall strategies (wait-and-see, symbolic adoption, and consequential commitment). These results contribute to the literature on biodiversity disclosure, with significant managerial and policy implications, particularly for implementing mandatory disclosure standards to ensure greater consistency in the presentation of corporate performance.
KW - Biodiversity disclosure
KW - Environmental risk
KW - Sustainability
KW - Utilities
UR - http://www.scopus.com/inward/record.url?scp=85173182237&partnerID=8YFLogxK
U2 - 10.1016/j.jup.2023.101672
DO - 10.1016/j.jup.2023.101672
M3 - Journal Article
AN - SCOPUS:85173182237
SN - 0957-1787
VL - 85
JO - Utilities Policy
JF - Utilities Policy
M1 - 101672
ER -