Construction of Enterprise Green Accounting Information Disclosure System under the “Double Carbon” Goal

Abstract

Abstract Enterprises are the key participants in realizing the development of a green and low-carbon economy and are the main promoters of the environmental transformation and healthy development of the industry, and the green accounting information disclosure truly reflects the important indexes of green development of enterprises. In this paper, the relevant data of 15 listed companies in the paper industry from 2013 to 2023 are selected as samples to carry out empirical analysis, and their green accounting disclosure reports are used as the basis for calculating the GAID scores of the companies. A multiple linear regression model is created to test the disclosure-related research hypotheses, with the goal of discovering the factors that influence the current quality of enterprises’ green accounting disclosure. The fluctuation range of GAID scores of most of the fifteen listed enterprises in the paper industry is between 40 and 70, and there are also 20% of enterprises with GAID scores lower than 40. Enterprise size, proportion of outstanding shares, enterprise value, and enterprise development ability are significantly positively correlated with the quality of corporate green accounting disclosure at the 1% or 5% level, and the quality of disclosure increases by 0.151% for every 1% increase in enterprise size. In the enterprise green accounting information disclosure, enterprises need to be, based on their situation, reasonable and comprehensive information released in order to effectively enhance their corporate image and promote the green and sustainable development of enterprises.