ESG Disclosure: Impact on Carbon Footprint Reduction and Increased Market Return of Companies
ESG開示：企業のカーボンフットプリント削減と市場リターン向上への影響 (AI 翻訳)
Sheren Susanto, Nicholas Lai Wijaya, Ivan Bryan Hotasi Samosir, Fitriya Fitriya
🤖 gxceed AI 要約
日本語
本研究は、2014年から2022年にNASDAQに上場する米国企業を対象に、ESG開示とGHGスコープ1排出量が市場リターン（EPS）に与える影響を分析。ESG開示はEPSと正の関係、スコープ1排出量は負の関係を示し、ESG報告の改善と排出削減が財務パフォーマンス向上に寄与する可能性を示唆。ただし、因果関係のさらなる検証が必要。
English
This study analyzes the impact of ESG disclosure and GHG Scope 1 emissions on market return (EPS) for US companies listed on NASDAQ from 2014 to 2022. ESG disclosure shows a positive and significant relationship with EPS, while Scope 1 emissions show a negative and significant relationship, suggesting that improved ESG reporting and emission reductions enhance financial performance. Further research is needed to address discrepancies and explore additional variables.
Unofficial AI-generated summary based on the public title and abstract. Not an official translation.
📝 gxceed 編集解説 — Why this matters
日本のGX文脈において
米国市場のデータに基づくが、日本企業のESG開示と財務パフォーマンスの関係を考察する上で参考になる。特にSSBJ基準や有報での気候関連開示が進む中、開示の質向上が投資家評価に与える影響を実証する点で示唆に富む。
In the global GX context
This paper provides empirical evidence from the US market linking ESG disclosure and emission reductions to financial performance, relevant to global discussions on the business case for climate disclosure. It supports the rationale behind ISSB and SEC climate disclosure rules by showing potential market benefits.
👥 読者別の含意
🔬研究者:Provides empirical evidence on the relationship between ESG disclosure, emissions, and financial performance, highlighting the need for further causal analysis.
🏢実務担当者:Suggests that improving ESG disclosure and reducing Scope 1 emissions can positively impact EPS, offering a business case for sustainability initiatives.
🏛政策担当者:Offers data supporting the potential market benefits of mandatory climate disclosure, relevant for regulators considering similar rules.
📄 Abstract（原文）
This study examines the impact of carbon footprint reduction and increased market returns on ESG, aiming to fill the gap in understanding the real effects of ESG reporting, particularly on carbon footprints and market returns in US companies listed on the NASDAQ from 2014 to 2022. The dependent variable of this study is market return, measured from EPS. This study also uses two independent variables to investigate the companies' sustainability (ESG disclosure and GHG scope 1). ESG disclosure exhibits a positive and significant relation towards EPS. On the other hand, GHG scope 1 shows a negative and significant relationship with EPS. This suggests that improved ESG reports and reduced emissions will enhance the company's financial performance, leading to increased EPS and attracting more investors. However, the need for further research to solve the discrepancies and investigate other variables affecting the connection between emissions, financial performance, and ESG disclosure is urgent and of utmost importance.
🔗 Provenance — このレコードを発見したソース
- openaire https://doi.org/10.47747/ijfr.v6i2.2755first seen 2026-05-05 19:08:10
🔔 こうした論文の新着を逃したくない方は キーワードアラート に登録（無料・3キーワードまで）。
gxceed は公開メタデータに基づく研究支援データセットです。要約・翻訳・解説は AI 支援で生成されています。 最終的な解釈・検証は利用者が原典資料に基づいて行うことを前提とします。