Climate Change Adaptation Disclosure Among the Companies in the Asia-Pacific Region

Abstract

Climate change, due to its significant global impact, has been the focus of many recent researches. Many businesses adapt their activities to be more compliant with climate change control, and these efforts are disclosed to the stakeholders and society at large. This research is conducted on leading companies in the Asia-Pacific (APEC) region from the Forbes Global 2000 Leading Companies list, from 13 APEC countries Beside the impact of culture, Based on the results, the presence of CSR committee is positively related to the climate change adaptation disclosure and Companies collaborating with NGOs reported a positive relationship with climate change adaptation. Conducting our study in APEC region and having a comprehensive view on the countries located in this region on one hand and considering the most successful companies on the other hand are among the originalities of our research. Also considering variables such as national culture, NGO alliances, CSR committees and top management’s commitment beside “climate change adaptation disclosure” is new in academic literature.