This paper examines corporate responses to climate change in relation to the development of reporting mechanisms for greenhouse gases, more specifically carbon disclosure. It first presents some background and context on the evolution of carbon trading and disclosure, and then develops a...

Although the Kyoto Protocol intended to implement emissions trading globally, this has so far been impossible. As a result, particularly Multinational Corporations (MNCs) currently face a wide variety of emissions trading schemes that differ in scope and enforcement, thus creating divergent...

chapter Introduction -- chapter 1 Introduction -- part Part I Between regulation and self-regulation -- chapter 2 From Rio to ‘Beyond Kyoto’: Synopsis of international climate policies -- chapter 3 Beyond regulation: Voluntary agreements and partnerships -- chapter 4 Carbon control:...

The adoption of the Kyoto Protocol in 1997 has led to increasing business interest in the issue of climate change. It has also created much uncertainty for companies, particularly about the role of trading in realizing emission reductions. This paper investigates what drives multinational...