We investigate the level and heterogeneity of the environmental disclosures made by financial intermediaries (FIs)whose sustainability reports are compliant to the Global Reporting Initiative’s guidelines. Focusing on 129 FIsworldwide, we identify four clusters of disclosers. We also analyze their profile, finding that FIs’ size and operatingprofitability impact on their environmental disclosures. Interestingly, the economic wealth and the environmentalperformance of FIs’ home country play an important role too.
Il presente studio analizza il livello e l’eterogeneità della disclosure ambientale resa dagli inter-mediari finanziari che redigono i propri report di sostenibilità in base alle linee guida dellaGlo-bal Reporting Initiative. In un campione di 129 intermediari a livello mondiale sono identificatiquattro cluster, di cui si esamina il profilo. Dall’analisi emerge che le dimensioni e la redditivitàdell’attivo degli intermediari, nonché la ricchezza economica e la performance ambientale delloro paese di origine, sono descrittori efficaci della disclosure
L’eterogeneità della disclosure ambientale degli intermediari finanziari
QUERCI, FRANCESCA
2015-01-01
Abstract
We investigate the level and heterogeneity of the environmental disclosures made by financial intermediaries (FIs)whose sustainability reports are compliant to the Global Reporting Initiative’s guidelines. Focusing on 129 FIsworldwide, we identify four clusters of disclosers. We also analyze their profile, finding that FIs’ size and operatingprofitability impact on their environmental disclosures. Interestingly, the economic wealth and the environmentalperformance of FIs’ home country play an important role too.I documenti in IRIS sono protetti da copyright e tutti i diritti sono riservati, salvo diversa indicazione.