Carbon emission and climate change disclosures in the annual reports of Chinese power companies: an exploration
This study explores the disclosure of carbon emissions and climate change-related information by seven major power businesses in China. More specifically, a content analysis method is employed to investigate the disclosure levels of carbon emissions and climate change reporting in annual reports from 2000 to 2009. The findings suggest that carbon emissions and climate change disclosure is booming in China both in terms of reporting length and of quality, however, most of the carbon emissions and climate change information revealed by businesses is descriptive. The results of this study also indicate the initiatives for businesses to disclose carbon emissions and climate change-related information are for internal risk control purpose and providing a positive corporate image to the public.