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Unveiling the Green Truth : How Transparent Are Malaysian Manufacturing Companies About Their Carbon Footprint

Environmental sustainability has become a key concern for businesses worldwide, with expectations that they take responsibility for their carbon emissions and environmental effects.Reducing carbon emissions is critical for businesses due to companies' regulatory pressures and market expectation...

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Main Authors: Khairunnisa, Ibrahim, Mohamad, Jais, Abu Hassan, Md. Isa, Muhammad Adzlan Syah, Ahmad Jaffary
Format: Article
Language:English
Published: Macrothink Institute 2024
Subjects:
HG Finance
HJ Public Finance
Online Access:http://ir.unimas.my/id/eprint/47016/1/Unveiling%20the%20Green%20Truth.%20How%20Transparent%20Are%20Malaysian%20Manufacturing%20Companies%20About%20Their%20Carbon%20Footprint.pdf
http://ir.unimas.my/id/eprint/47016/
https://www.macrothink.org/journal/index.php/ijafr/article/view/22327
https://doi.org/10.5296/ijafr.v14i4.22327
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spelling my.unimas.ir-470162024-12-23T08:03:36Z http://ir.unimas.my/id/eprint/47016/ Unveiling the Green Truth : How Transparent Are Malaysian Manufacturing Companies About Their Carbon Footprint Khairunnisa, Ibrahim Mohamad, Jais Abu Hassan, Md. Isa Muhammad Adzlan Syah, Ahmad Jaffary HG Finance HJ Public Finance Environmental sustainability has become a key concern for businesses worldwide, with expectations that they take responsibility for their carbon emissions and environmental effects.Reducing carbon emissions is critical for businesses due to companies' regulatory pressures and market expectations. Malaysia increased its mitigation ambition with an unconditional target to cut carbon intensity against GDP by 45% by 2030 compared to 2005 levels. This study aims to evaluate the extent of carbon footprint disclosure among manufacturing companies in Malaysia. Companies listed in Bursa Malaysia were chosen as the sample data in this study. The result of content analysis, approximately 18.97%, 269 of respondents are willing to disclose their carbon footprint information, suggesting a relatively low level of carbon footprint reporting. The policymakers should provide incentives for investment in green technology and enact strict regulations to encourage more companies to engage in carbon reporting. Macrothink Institute 2024-12-01 Article PeerReviewed text en http://ir.unimas.my/id/eprint/47016/1/Unveiling%20the%20Green%20Truth.%20How%20Transparent%20Are%20Malaysian%20Manufacturing%20Companies%20About%20Their%20Carbon%20Footprint.pdf Khairunnisa, Ibrahim and Mohamad, Jais and Abu Hassan, Md. Isa and Muhammad Adzlan Syah, Ahmad Jaffary (2024) Unveiling the Green Truth : How Transparent Are Malaysian Manufacturing Companies About Their Carbon Footprint. International Journal of Accounting and Financial Reporting, 14 (4). pp. 20-27. ISSN 2162-3082 https://www.macrothink.org/journal/index.php/ijafr/article/view/22327 https://doi.org/10.5296/ijafr.v14i4.22327
institution Universiti Malaysia Sarawak
building Centre for Academic Information Services (CAIS)
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Malaysia Sarawak
content_source UNIMAS Institutional Repository
url_provider http://ir.unimas.my/
language English
topic HG Finance
HJ Public Finance
spellingShingle HG Finance
HJ Public Finance
Khairunnisa, Ibrahim
Mohamad, Jais
Abu Hassan, Md. Isa
Muhammad Adzlan Syah, Ahmad Jaffary
Unveiling the Green Truth : How Transparent Are Malaysian Manufacturing Companies About Their Carbon Footprint
description Environmental sustainability has become a key concern for businesses worldwide, with expectations that they take responsibility for their carbon emissions and environmental effects.Reducing carbon emissions is critical for businesses due to companies' regulatory pressures and market expectations. Malaysia increased its mitigation ambition with an unconditional target to cut carbon intensity against GDP by 45% by 2030 compared to 2005 levels. This study aims to evaluate the extent of carbon footprint disclosure among manufacturing companies in Malaysia. Companies listed in Bursa Malaysia were chosen as the sample data in this study. The result of content analysis, approximately 18.97%, 269 of respondents are willing to disclose their carbon footprint information, suggesting a relatively low level of carbon footprint reporting. The policymakers should provide incentives for investment in green technology and enact strict regulations to encourage more companies to engage in carbon reporting.
format Article
author Khairunnisa, Ibrahim
Mohamad, Jais
Abu Hassan, Md. Isa
Muhammad Adzlan Syah, Ahmad Jaffary
author_facet Khairunnisa, Ibrahim
Mohamad, Jais
Abu Hassan, Md. Isa
Muhammad Adzlan Syah, Ahmad Jaffary
author_sort Khairunnisa, Ibrahim
title Unveiling the Green Truth : How Transparent Are Malaysian Manufacturing Companies About Their Carbon Footprint
title_short Unveiling the Green Truth : How Transparent Are Malaysian Manufacturing Companies About Their Carbon Footprint
title_full Unveiling the Green Truth : How Transparent Are Malaysian Manufacturing Companies About Their Carbon Footprint
title_fullStr Unveiling the Green Truth : How Transparent Are Malaysian Manufacturing Companies About Their Carbon Footprint
title_full_unstemmed Unveiling the Green Truth : How Transparent Are Malaysian Manufacturing Companies About Their Carbon Footprint
title_sort unveiling the green truth : how transparent are malaysian manufacturing companies about their carbon footprint
publisher Macrothink Institute
publishDate 2024
url http://ir.unimas.my/id/eprint/47016/1/Unveiling%20the%20Green%20Truth.%20How%20Transparent%20Are%20Malaysian%20Manufacturing%20Companies%20About%20Their%20Carbon%20Footprint.pdf
http://ir.unimas.my/id/eprint/47016/
https://www.macrothink.org/journal/index.php/ijafr/article/view/22327
https://doi.org/10.5296/ijafr.v14i4.22327
_version_ 1819914979910877184
score 13.223943

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