Climate Disclosure as an Organizational Capability

Authors

  • Steven Turner Author

Keywords:

climate disclosure, corporate governance, organizational capability, sustainability, assurance

Abstract

This management review examines climate disclosure as an organizational capability. The organizing question is how firms can connect reported climate information to strategy, capital allocation, operations, and accountability. Ten related scholarly sources are synthesized through a decision-centered framework spanning problem definition, mechanism, measurement, evaluation, implementation, and governance. The review does not invent experiments, pooled estimates, or unreported quantitative results. It instead evaluates the strength and transferability of the available evidence, with particular attention to treating disclosure volume as evidence of organizational capability or environmental performance. The resulting framework links technical or empirical performance to explicit use conditions and identifies tests that should precede wider adoption in corporate climate strategy and sustainable finance.

References

  1. Alsayegh, M. F., Rahman, R. A., & Homayoun, S. (2020). Corporate Economic, Environmental, and Social Sustainability Performance Transformation through ESG Disclosure. Sustainability, 12(9), 3910. https://doi.org/10.3390/su12093910
  2. Ben-Amar, W., Chang, M., & McIlkenny, P. (2015). Board Gender Diversity and Corporate Response to Sustainability Initiatives: Evidence from the Carbon Disclosure Project. Journal of Business Ethics, 142(2), 369-383. https://doi.org/10.1007/s10551-015-2759-1
  3. Cosma, S., Principale, S., & Venturelli, A. (2022). Sustainable governance and climate-change disclosure in European banking: the role of the corporate social responsibility committee. Corporate Governance, 22(6), 1345-1369. https://doi.org/10.1108/cg-09-2021-0331
  4. Dilling, P. F. A., Harris, P., & Caykoylu, S. (2024). The Impact of Corporate Characteristics on Climate Governance Disclosure. Sustainability, 16(5), 1962. https://doi.org/10.3390/su16051962
  5. Gebhardt, M., Schneider, A., Siedler, F., Ottenstein, P., & Zülch, H. (2024). Climate reporting in the fast lane? The impact of corporate governance on the disclosure of climate‐related risks and opportunities. Business Strategy and the Environment, 33(7), 7253-7272. https://doi.org/10.1002/bse.3852
  6. Haque, S., Deegan, C., & Inglis, R. (2016). Demand for, and impediments to, the disclosure of information about climate change-related corporate governance practices. Accounting and Business Research, 46(6), 620-664. https://doi.org/10.1080/00014788.2015.1133276
  7. Honey, D., Ahsan, T., & Migliori, S. (2024). The impact of governance quality on corporate climate risk disclosure: The role of the governance committee. International Review of Financial Analysis, 98, 103901. https://doi.org/10.1016/j.irfa.2024.103901
  8. Krueger, P., Sautner, Z., & Starks, L. T. (2019). The Importance of Climate Risks for Institutional Investors. Review of Financial Studies, 33(3), 1067-1111. https://doi.org/10.1093/rfs/hhz137
  9. Palea, V., & Drogo, F. (2020). Carbon emissions and the cost of debt in the eurozone: The role of public policies, climate‐related disclosure and corporate governance. Business Strategy and the Environment, 29(8), 2953-2972. https://doi.org/10.1002/bse.2550
  10. Toukabri, M., & Youssef, M. A. M. (2022). Climate change disclosure and sustainable development goals (SDGs) of the 2030 agenda: the moderating role of corporate governance. Journal of Information Communication and Ethics in Society, 21(1), 30-62. https://doi.org/10.1108/jices-02-2022-0016

Downloads

Published

2026-08-05

Issue

Vol. 1 (2026): Archive

Section

Management Review

License

Copyright (c) 2026 Markets, Organizations & Public Value

Creative Commons License

This work is licensed under a Creative Commons Attribution 4.0 International License.