Measuring performance in corporate environmental reporting in Nigeria.
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Date
2020
Authors
Iredele, O.O.
Journal Title
Journal ISSN
Volume Title
Publisher
Emerald Publishing Limited
Abstract
Purpose – The purpose of this study is to measure the current level of corporate environmental reporting
(CER) in the developing economy of Nigeria. This is with a view to drive the effort of firms towards
improving on the present practice. An attempt is made to also determine the extent to which the level of
CER differs on account of firm characteristics.
Design/methodology/approach – The study used data for the top 40 companies on the Nigerian stock
exchange as of 31 December 2017 based on market capitalization. The annual reports, company
website and sustainability reports were the major sources of data. The paper used descriptive statistics
and one-way analysis of variance to analyse data.
Findings – Despite the attempt to explore multiple sources in obtaining environmental information,
empirical evidence from the present study confirms that the level of environmental reporting is low; most
companies report environmental issues through the website. It further found an association between CER
and firm size.
Practical implications – The findings will be of interest to policymakers and regulators on the need to
regulate environmental reporting. Thus, motivating firms towards better environmental performance in Nigeria.
Originality/value – The paper extends environmental reporting research in Nigeria beyond the use of
annual reports. It captured environmental information reported through the website and sustainability
reports. It provides information on the current status in terms of quality and content of information
reported. Finally, it found that firm size is a contingent factor for CER in Nigeri
Description
Scholarly article
Keywords
Nigeria , Annual Reports , Sustainability Report , Website , Corporate environmental reporting , GRI 4 , Research Subject Categories::SOCIAL SCIENCES
Citation
Iredele, O.O. (2020). Measuring performance in corporate environmental reporting in Nigeria. Measuring Business Excellence, 24(2), 183-195. DOI 10.1108/MBE-05-2019-0040.