Determinants of carbon emissions disclosure: Study of mining companies of the Indonesian stock exchange

¹ Department of Accounting, Sebelas Maret University, Surakarta, Indonesia
² Department of Accounting, Sebelas Maret University, Surakarta, Indonesia
³ Department of Accounting, Janabadra University, Yogyakarta, Indonesia

^* Corresponding author: rasyidridha99@student.uns.ac.id

Abstract

In recent years, countries around the world have faced the problem of climate change. Carbon emissions from human activities, including company operations, play a significant role in this phenomenon. Mining companies, whose operations primarily burn fossil fuels such as coal, oil, and natural gas production, are among the largest greenhouse gas (GHG) emitters among other industries. This study analyzes the factors thatinfluence the disclosure of carbon emissions in mining companies listed onthe IDX during the 2018-2022 period, with a focus on environmentalperformance and board characteristics. The research sample includes 230 companies. This research uses a panel data approach to analyze data, with Eviews as an analysis tool. The findings of this study indicate that both environmental performance and board size play a significant role in encouraging companies to be more open in informing their carbon emissionsdata. This finding suggests that ISO 14001 certification can help companiesmanage their environmental performance so that they can calculate, monitorand report their carbon footprint. In addition, a larger board size will be moreeffective in the supervision process and increase corporate accountability towards environmental disclosure issues.