IDEAS home Printed from https://ideas.repec.org/a/eee/ecolec/v210y2023ics0921800923001271.html
   My bibliography  Save this article

Trends in private sector engagement with biodiversity: EU listed companies' disclosure and indicators

Author

Listed:
  • Marco-Fondevila, Miguel
  • Álvarez-Etxeberría, Igor

Abstract

The EU biodiversity strategy highlights the relevance of the private sector and its prominent role as potential degrader and as protector of biodiversity. However, the topic of biodiversity seems to be downplayed and disregarded by most companies, and the potential proxies leading them to report on the matter are not yet clear.

Suggested Citation

  • Marco-Fondevila, Miguel & Álvarez-Etxeberría, Igor, 2023. "Trends in private sector engagement with biodiversity: EU listed companies' disclosure and indicators," Ecological Economics, Elsevier, vol. 210(C).
    • Handle: RePEc:eee:ecolec:v:210:y:2023:i:c:s0921800923001271
    DOI: 10.1016/j.ecolecon.2023.107864
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0921800923001271
    Download Restriction: Full text for ScienceDirect subscribers only
    File URL: https://libkey.io/10.1016/j.ecolecon.2023.107864?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Dennis van Liempd & Jacob Busch, 2013. "Biodiversity reporting in Denmark," Accounting, Auditing & Accountability Journal, Emerald Group Publishing Limited, vol. 26(5), pages 833-872, June.
    2. Rob Gray & Mohammed Javad & David M. Power & C. Donald Sinclair, 2001. "Social and Environmental Disclosure and Corporate Characteristics: A Research Note and Extension," Journal of Business Finance & Accounting, Wiley Blackwell, vol. 28(3‐4), pages 327-356, April.
    3. A. Townsend Peterson & Miguel A. Ortega-Huerta & Jeremy Bartley & Victor Sánchez-Cordero & Jorge Soberón & Robert H. Buddemeier & David R. B. Stockwell, 2002. "Future projections for Mexican faunas under global climate change scenarios," Nature, Nature, vol. 416(6881), pages 626-629, April.
    4. repec:eme:aaaj00:aaaj-03-2013-1242 is not listed on IDEAS
    5. Annika Schneider & Grant Samkin & Howard Davey, 2014. "Biodiversity reporting by New Zealand local authorities: the current state of play," Sustainability Accounting, Management and Policy Journal, Emerald Group Publishing Limited, vol. 5(4), pages 425-456, October.
    6. Gunnar Rimmel & Kristina Jonäll, 2013. "Biodiversity reporting in Sweden: corporate disclosure and preparers' views," Accounting, Auditing & Accountability Journal, Emerald Group Publishing Limited, vol. 26(5), pages 746-778, June.
    7. Javed Siddiqui, 2013. "Mainstreaming biodiversity accounting: potential implications for a developing economy," Accounting, Auditing & Accountability Journal, Emerald Group Publishing Limited, vol. 26(5), pages 779-805, June.
    8. repec:eme:aaaj00:aaaj-02-2013-1234 is not listed on IDEAS
    9. repec:eme:aaaj00:aaaj-02-2013-1228 is not listed on IDEAS
    10. Gunnar Rimmel & Kristina Jonäll, 2013. "Biodiversity reporting in Sweden: corporate disclosure and preparers' views," Accounting, Auditing & Accountability Journal, Emerald Group Publishing Limited, vol. 26(5), pages 746-778, June.
    11. Ralph Adler & Mansi Mansi & Rakesh Pandey, 2018. "Biodiversity and threatened species reporting by the top Fortune Global companies," Accounting, Auditing & Accountability Journal, Emerald Group Publishing Limited, vol. 31(3), pages 787-825, March.
    12. Abeer Mohamed Hassan & Lee Roberts & Jill Atkins, 2020. "Exploring factors relating to extinction disclosures: What motivates companies to report on biodiversity and species protection?," Business Strategy and the Environment, Wiley Blackwell, vol. 29(3), pages 1419-1436, March.
    13. Olivier Boiral & Iñaki Heras-Saizarbitoria, 2017. "Managing Biodiversity Through Stakeholder Involvement: Why, Who, and for What Initiatives?," Journal of Business Ethics, Springer, vol. 140(3), pages 403-421, February.
    14. repec:eme:aaaj00:aaaj:02-2013-1232 is not listed on IDEAS
    15. Chris D. Thomas & Alison Cameron & Rhys E. Green & Michel Bakkenes & Linda J. Beaumont & Yvonne C. Collingham & Barend F. N. Erasmus & Marinez Ferreira de Siqueira & Alan Grainger & Lee Hannah & Lesle, 2004. "Extinction risk from climate change," Nature, Nature, vol. 427(6970), pages 145-148, January.
    16. Samuel Jack Anthony & Angus Morrison‐Saunders, 2023. "Analysing corporate forest disclosure: How does business value biodiversity?," Business Strategy and the Environment, Wiley Blackwell, vol. 32(1), pages 624-638, January.
    17. Javed Siddiqui, 2013. "Mainstreaming biodiversity accounting: potential implications for a developing economy," Accounting, Auditing & Accountability Journal, Emerald Group Publishing Limited, vol. 26(5), pages 779-805, June.
    18. Olivier Boiral, 2016. "Accounting for the Unaccountable: Biodiversity Reporting and Impression Management," Journal of Business Ethics, Springer, vol. 135(4), pages 751-768, June.
    19. repec:eme:aaaj00:09513579610109987 is not listed on IDEAS
    20. David Hackston & Markus J. Milne, 1996. "Some determinants of social and environmental disclosures in New Zealand companies," Accounting, Auditing & Accountability Journal, Emerald Group Publishing Limited, vol. 9(1), pages 77-108, March.
    21. repec:eme:aaaj00:aaaj-03-2016-2490 is not listed on IDEAS
    22. Igor Álvarez Etxeberria & Maider Aldaz Odriozola, 2018. "The social reputation of European companies: Does anti‐corruption disclosure affect stakeholders' perceptions?," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 25(5), pages 713-721, September.
    23. Dennis van Liempd & Jacob Busch, 2013. "Biodiversity reporting in Denmark," Accounting, Auditing & Accountability Journal, Emerald Group Publishing Limited, vol. 26(5), pages 833-872, June.
    24. Aerts, Walter & Cormier, Denis & Magnan, Michel, 2006. "Intra-industry imitation in corporate environmental reporting: An international perspective," Journal of Accounting and Public Policy, Elsevier, vol. 25(3), pages 299-331.
    25. Rob Gray & Mohammed Javad & David M. Power & C. Donald Sinclair, 2001. "Social and Environmental Disclosure and Corporate Characteristics: A Research Note and Extension," Journal of Business Finance & Accounting, Wiley Blackwell, vol. 28(3-4), pages 327-356.
    26. Helen Tregidga, 2013. "Biodiversity offsetting: problematisation of an emerging governance regime," Accounting, Auditing & Accountability Journal, Emerald Group Publishing Limited, vol. 26(5), pages 806-832, June.
    27. Camille Parmesan & Gary Yohe, 2003. "A globally coherent fingerprint of climate change impacts across natural systems," Nature, Nature, vol. 421(6918), pages 37-42, January.
    28. Miguel Marco‐Fondevila & José M. Moneva Abadía & Sabina Scarpellini, 2018. "CSR and green economy: Determinants and correlation of firms’ sustainable development," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 25(5), pages 756-771, September.
    29. Helen Tregidga, 2013. "Biodiversity offsetting: problematisation of an emerging governance regime," Accounting, Auditing & Accountability Journal, Emerald Group Publishing Limited, vol. 26(5), pages 806-832, June.
    30. Annika Schneider & Grant Samkin & Howard Davey, 2014. "Biodiversity reporting by New Zealand local authorities: the current state of play," Sustainability Accounting, Management and Policy Journal, Emerald Group Publishing Limited, vol. 5(4), pages 425-456, October.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Jeanne, Amar & Demaria, Samira & Rigot, Sandra, 2023. "What are the drivers of corporates' climate transparency? Evidence from the S&P 1200 index," Ecological Economics, Elsevier, vol. 213(C).

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Lee Roberts & Abeer Hassan & Ahmed Elamer & Monomita Nandy, 2021. "Biodiversity and extinction accounting for sustainable development: A systematic literature review and future research directions," Business Strategy and the Environment, Wiley Blackwell, vol. 30(1), pages 705-720, January.
    2. Madlen Sobkowiak, 2023. "The making of imperfect indicators for biodiversity: A case study of UK biodiversity performance measurement," Business Strategy and the Environment, Wiley Blackwell, vol. 32(1), pages 336-352, January.
    3. Jan Bebbington & Tom Cuckston & C. Feger, 2021. "Biodiversity," Post-Print hal-03746729, HAL.
    4. Lee Roberts & Monomita Nandy & Abeer Hassan & Suman Lodh & Ahmed A. Elamer, 2022. "Corporate Accountability Towards Species Extinction Protection: Insights from Ecologically Forward-Thinking Companies," Journal of Business Ethics, Springer, vol. 178(3), pages 571-595, July.
    5. Rayan Alqubaysi & Asaad Mubarak Hussien Musa, 2024. "Assessing Biodiversity and Threatened Species Disclosure among Top Saudi Companies," Sustainability, MDPI, vol. 16(15), pages 1-14, August.
    6. Talbot, David & Barbat, Guillaume & Boiral, Olivier & Ordonez-Ponce, Eduardo, 2023. "Failure to consider environmental risk: The case for biodiversity impact disclosure in the electricity sector," Utilities Policy, Elsevier, vol. 85(C).
    7. Lee Roberts & Nikoletta Georgiou & Abeer Mohamed Hassan, 2023. "Investigating biodiversity and circular economy disclosure practices: Insights from global firms," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 30(3), pages 1053-1069, May.
    8. Abeer Mohamed Hassan & Lee Roberts & Jill Atkins, 2020. "Exploring factors relating to extinction disclosures: What motivates companies to report on biodiversity and species protection?," Business Strategy and the Environment, Wiley Blackwell, vol. 29(3), pages 1419-1436, March.
    9. Venturelli, Andrea & Ligorio, Lorenzo & de Nuccio, Elbano, 2023. "Biodiversity accountability in water utilities: A case study," Utilities Policy, Elsevier, vol. 81(C).
    10. C. Feger & Laurent Mermet, 2021. "Advances in accounting for biodiversity and ecosystems: a typology focusing upon the environmental results imperative [Innovations comptables pour la biodiversité et les écosystèmes : une typologie," Post-Print hal-02549016, HAL.
    11. David Talbot & Olivier Boiral, 2021. "Public organizations and biodiversity disclosure: Saving face to meet a legal obligation?," Business Strategy and the Environment, Wiley Blackwell, vol. 30(5), pages 2571-2586, July.
    12. Blanco-Zaitegi, Goizeder & Álvarez Etxeberria, Igor & Moneva, José M., 2024. "Impression management of biodiversity reporting in the energy and utilities sectors: An assessment of transparency in the disclosure of negative events," Journal of Behavioral and Experimental Finance, Elsevier, vol. 42(C).
    13. Maider Aldaz Odriozola & Igor Álvarez Etxeberria, 2021. "Determinants of Corporate Anti-Corruption Disclosure: The Case of the Emerging Economics," Sustainability, MDPI, vol. 13(6), pages 1-17, March.
    14. Torelli, Riccardo & Balluchi, Federica, 2020. "Business Legitimacy, Agricultural Biodiversity and Environmental Ethics: Insights from Sustainable Bakeries," OSF Preprints sxzjf, Center for Open Science.
    15. Olivier Boiral, 2016. "Accounting for the Unaccountable: Biodiversity Reporting and Impression Management," Journal of Business Ethics, Springer, vol. 135(4), pages 751-768, June.
    16. Abeer Hassan & Lee Roberts & Kimberly Rodger, 2022. "Corporate accountability for biodiversity and species extinction: Evidence from organisations reporting on their impacts on nature," Business Strategy and the Environment, Wiley Blackwell, vol. 31(1), pages 326-352, January.
    17. Raghda Abdellatif Abdelkhalik Elsayed, 2023. "Exploring the financial consequences of biodiversity disclosure: how does biodiversity disclosure affect firms' financial performance?," Future Business Journal, Springer, vol. 9(1), pages 1-18, December.
    18. Haque, Faizul & Jones, Michael John, 2020. "European firms’ corporate biodiversity disclosures and board gender diversity from 2002 to 2016," The British Accounting Review, Elsevier, vol. 52(2).
    19. Olivier Boiral & Iñaki Heras‐Saizarbitoria & Marie‐Christine Brotherton, 2019. "Improving corporate biodiversity management through employee involvement," Business Strategy and the Environment, Wiley Blackwell, vol. 28(5), pages 688-698, July.
    20. Mitzi Cubilla‐Montilla & Ana‐Belén Nieto‐Librero & Ma Purificación Galindo‐Villardón & Ma Purificación Vicente Galindo & Isabel‐María Garcia‐Sanchez, 2019. "Are cultural values sufficient to improve stakeholder engagement human and labour rights issues?," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 26(4), pages 938-955, July.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:ecolec:v:210:y:2023:i:c:s0921800923001271. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/ecolecon .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.