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Environmental disclosures of palm oil plantation companies in Malaysia: a tool for stakeholder engagement

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  • Radiah Othman
  • Rashid Ameer

Abstract

This paper examines annual environmental protection disclosures of palm oil companies in Malaysia that have significant implications for the preservation of earth, water and air quality. We found that the location of the environmental disclosures vary among the sample companies. We found that the extent of the disclosures on four key items – environmental policy, measurement systems, targets for improvements and impact on biodiversity – has been very low among the sample companies. The paper concludes that unless the gaps in the knowledge of both palm‐oil‐producing companies and stakeholders regarding environmental protection are addressed, environmental degradation is likely to continue and the corporate ‘tick‐boxing’ trickery would carry on concealing the real picture from stakeholders. Copyright © 2009 John Wiley & Sons, Ltd and ERP Environment.

Suggested Citation

  • Radiah Othman & Rashid Ameer, 2010. "Environmental disclosures of palm oil plantation companies in Malaysia: a tool for stakeholder engagement," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 17(1), pages 52-62, January.
  • Handle: RePEc:wly:corsem:v:17:y:2010:i:1:p:52-62
    DOI: 10.1002/csr.218
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    References listed on IDEAS

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    Cited by:

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    3. Matthias S. Fifka & Maria Drabble, 2012. "Focus and Standardization of Sustainability Reporting – A Comparative Study of the United Kingdom and Finland," Business Strategy and the Environment, Wiley Blackwell, vol. 21(7), pages 455-474, November.
    4. Haseeb Ur Rahman & Muhammad Zahid & Ali Muhammad, 2022. "Connecting integrated management system with corporate sustainability and firm performance: from the Malaysian real estate and construction industry perspective," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 24(2), pages 2387-2411, February.
    5. Koustubh Kanti Ray & Subrat Kumar Mitra, 2018. "Firm’s Financial Performance and Sustainability Efforts: Application of Classifier Models," Global Business Review, International Management Institute, vol. 19(3), pages 722-736, June.
    6. Janet Haddock‐Fraser, 2012. "The Role of the News Media in Influencing Corporate Environmental Sustainable Development: An Alternative Methodology to Assess Stakeholder Engagement," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 19(6), pages 327-342, November.
    7. Rohaida Abdul Latif & Nurul Huda Yahya & Kamarun Nisham Taufil Mohd & Hasnah Kamardin & Arifatul Husna Mohd Ariffin, 2020. "The Influence of Board Diversity on Environmental Disclosures and Sustainability Performance in Malaysia," International Journal of Energy Economics and Policy, Econjournals, vol. 10(5), pages 287-296.
    8. Matthias S. Fifka, 2013. "Corporate Responsibility Reporting and its Determinants in Comparative Perspective – a Review of the Empirical Literature and a Meta‐analysis," Business Strategy and the Environment, Wiley Blackwell, vol. 22(1), pages 1-35, January.
    9. Olaf Weber & Grace Saunders‐Hogberg, 2020. "Corporate social responsibility, water management, and financial performance in the food and beverage industry," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 27(4), pages 1937-1946, July.
    10. Yeong Sheng Tey & Mark Brindal, 2021. "Sustainability stewardship: Does roundtable on sustainable palm oil certification create shareholder value?," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 28(2), pages 786-795, March.
    11. Madan Lal Bhasin, 2012. "Environmental Disclosures on the Internet. An exploratory study," International Journal of Academic Research in Accounting, Finance and Management Sciences, Human Resource Management Academic Research Society, International Journal of Academic Research in Accounting, Finance and Management Sciences, vol. 2(1), pages 176-197, January.

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