Abstract
As global environmental concerns have grown, so too have calls for more corporate environmental transparency and responsibility. Businesses are participating in programs such as earning environmental awards and improving their financial performance to promote their company image and demonstrate that they are effective environmental stewards. This research examines the nexus between environmental awards, environmental disclosure quality, and the firm performance of non-financial companies. This research aims to determine if environmental disclosure, indicative of accountability and transparency, is affected by awards for environmental success. The study incorporated quantitative information from 300 non-financial businesses selected randomly to serve as a sample and anticipate beginning operations between 2016 and 2020. The findings suggest a connection between environmental disclosures' quality and environmental awards' attainment. Similarly, environmental disclosure quality is not affected by financial performance. The conclusions of this study could stimulate more accountable and responsible business practices, which would enhance our collective efforts to create a more sustainable and environmentally friendly future.
SUBJECTS
Environmental Management; Environment & Business; Environmental Economics; Business, Management and Accounting