Environment Assignment | Carbon Emission as per Agency Theory
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Added on 2020-05-28
Environment Assignment | Carbon Emission as per Agency Theory
Added on 2020-05-28
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Running head: CARBON EMISSION AS PER AGENCY THEORYCarbon Emission as Per Agency Theory Name of the StudentName of the UniversityAuthors NoteCourse ID
1CARBON EMISSION AS PER AGENCY THEORYTable of ContentsIntroduction................................................................................................................................2Practical Motivation...................................................................................................................2Theoretical Motivation...............................................................................................................3Literature Review.......................................................................................................................4Hypotheses.................................................................................................................................5Conclusion..................................................................................................................................6Reference List............................................................................................................................8Appendix..................................................................................................................................10
2CARBON EMISSION AS PER AGENCY THEORYIntroductionIt is discerned that in general there are several issues which relates to global warmingand its consequence on environment and economy. This particular consideration is seen withthe uniformity of “United Nation Framework Convention on Climate Change (UNFCCC) andthe Kyoto Protocol”. The important agreements to address the global warming are taken intoaccount with reducing the disclosures pertaining to the GHG emission. The study willconsider the practical motivation and the importance of this practice. The important aspectsof the study will state the theoretical motivation which will address the gaps in the existingresearch study. Some of the other aspects of the study is able to depict the relationshipbetween the identified practical and theoretical motivational factors. The part of the study isable to evaluate the hypothesis which as related to the selected areas of learning (Golosov etal. 2014).Practical MotivationThe important form of the effect of the carbon emission is based on its impact ongeneral public.There are many organisations which offers the footprint calculators for public andcorporate use for depiction of carbon footprints of products. This particular consideration isseen to be important for both accountant’s public in general. As per the number of previousarticles which are seen to be published by “US Environmental Protection Agency” these areaddressed with several issues pertaining to paper, plastic (candy wrappers), glass, cans,computers, carpet and tires (Liao, Luo and Tang 2015). In Australia the regulators and themanagers pertaining to this consideration has been able to contribute to the number of issuesrelated to the matters of lumber and other building materials. Several companies and non-profit making academics have been able to address number of issues pertaining to mailing
3CARBON EMISSION AS PER AGENCY THEORYletters and packages. In several types of the other cases the main form of the initiatives isrelated to introducing CO2 label on the products. This particular initiative was takin in March2007 by the UK manufacturers on foods, shirts and detergents. The evaluation of thepackages in the several types of the other incidences are seen to be addressed as per theactively participating with the “Carbon Trust state” (Rodrik 2014). The evaluation of the significant nature of the other packages are taken into accountwith the number of the factors which are related to carbon footprint. These considerations hashighlighted number of the factors which are seen to be taken into account with using asepticcarton and aluminium to prevent the impacts of carbon footprints in the environment (Haleand Roger 2014). Theoretical MotivationIn general, there are different types the of other theories which are seen to be relatedto address the theories associated to carbon footprint. Some of the different types of thespecific theories for the carbon footprint are taken into account with investigating impact ofthe carbon risk management and disclosure of the same with non-investor stakeholders. Thequality of the carbon climate change disclosers is seen to be related to the specific aspects ofimplementing quality of the climate change disclosures. This particular factor is seen to berelated to the disaggregated carbon risk management and the different types of the disclosurewhich are made from the scores of the other sources. There have been significantly lessassociated factors for the carbon risk management and ex-ante cost of equity capital andmarket value. It has been also discerned that carbon emissions do not provide any additionalinformation on the non-investor stakeholders over and above carbon risk management. As perthe findings of the previous study the carbon risk management of the research study refers toperformance of the firm with respect to the carbon emissions and climate change (Kalu,Buang and Aliagha 2016).
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