Source of Publication
Journal of Management Control
Carbon emissions bring significant risks and opportunities, and organisations have responded by adopting different strategies and environmental control systems, such as carbon accounting systems (CASs). However, it remains unclear whether a CAS can help reduce emissions, and what role is played by a CAS in the relationship between carbon strategy and carbon performance. Therefore, this paper analyses the strategy-accounting-performance nexus by drawing on 1672 firm-year observations of firms participating in the CDP in 2014 and 2015. The results suggest that the quality of a CAS is influenced by strategic choices; with a proactive carbon strategy being associated with a higher quality CAS. Further, proactive strategies and CASs are found to be associated with carbon savings and emissions reduction. The results indicate a moderating role of CASs on the strategy-performance relationship, with carbon strategy enabling higher carbon savings and lower emissions intensity in the presence of a high-quality CAS. Our findings suggest that formulation of carbon strategies and establishment of carbon measures can drive effective carbon mitigation.
Springer Science and Business Media LLC
Carbon accounting, Carbon mitigation, Carbon performance, CDP, Climate change strategy
Creative Commons License
This work is licensed under a Creative Commons Attribution 4.0 International License.
Bui, Binh; Houqe, Muhammad Nurul; and Zahir-ul-Hassan, Muhammad Kaleem, "Moderating effect of carbon accounting systems on strategy and carbon performance: a CDP analysis" (2022). All Works. 5354.
Indexed in Scopus
Open Access Type
Hybrid: This publication is openly available in a subscription-based journal/series