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The Impact of Women’s Role in Corporate Governance on Carbon Disclosure Performance: A Descriptive Study of Top 100 Global Energy Leaders

Author

Listed:
  • Nurshahirah Abd Majid

    (College of Graduate Studies, Universiti Tenaga Nasional, Jalan IKRAM-UNITEN 43000, Kajang, Selangor, Malaysia)

  • Amar Hisham Jaaffar

    (Institute of Energy Policy and Research, Universiti Tenaga Nasional, Jalan IKRAM-UNITEN 43000, Kajang, Selangor, Malaysia,)

  • Raed Hussam Mansour Alzoubi

    (Department of Administrative Sciences, Prince Hussein Bin Abdullah Academy for Civil Protection, AL Balqa Applied University, Jordan.)

Abstract

Global leaders in the energy sector have significantly improved their environmental governance practices by incorporating women into their management teams to enhance carbon reporting practices. Based on a content analysis of annual reports, sustainability reports, and websites of the top 100 global energy leaders, we describe the trend of women of the board member who are industry experts, act as advisors, and pose as community leaders as well as the level of their carbon disclosure (CD) performances over the three years from 2018 to 2020. The results show that the number of women on the boards of the top global energy leaders is increasing in line with the level of carbon disclosure over three years. This development exemplifies the significance of women in leadership roles in the top global energy leader's journey to achieve net zero carbon emissions. Women in managerial positions are therefore crucial, and their presence will be one of the most critical influences in the energy sector's potential to enhance firm carbon performance and draw in more sustainable economic growth.

Suggested Citation

  • Nurshahirah Abd Majid & Amar Hisham Jaaffar & Raed Hussam Mansour Alzoubi, 2023. "The Impact of Women’s Role in Corporate Governance on Carbon Disclosure Performance: A Descriptive Study of Top 100 Global Energy Leaders," International Journal of Energy Economics and Policy, Econjournals, vol. 13(6), pages 404-417, November.
    • Handle: RePEc:eco:journ2:2023-06-43
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    More about this item

    Keywords

    Carbon Disclosure; Energy Industry; Women Leadership; Resource Dependency Theory;
    All these keywords.

    JEL classification:

    • F64 - International Economics - - Economic Impacts of Globalization - - - Environment
    • G34 - Financial Economics - - Corporate Finance and Governance - - - Mergers; Acquisitions; Restructuring; Corporate Governance
    • M14 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Corporate Culture; Diversity; Social Responsibility
    • O13 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Agriculture; Natural Resources; Environment; Other Primary Products
    • Q56 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environment and Development; Environment and Trade; Sustainability; Environmental Accounts and Accounting; Environmental Equity; Population Growth
    • Q49 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Other
    • Q54 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Climate; Natural Disasters and their Management; Global Warming
    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes

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