TCFD Compliance and Decarbonization Practices: Evidence From Taiwan's Financial Institutions
學年 114
學期 1
出版（發表）日期 2025-12-04
作品名稱 TCFD Compliance and Decarbonization Practices: Evidence From Taiwan's Financial Institutions
作品名稱（其他語言）
著者 Ching-Yuan Hsiao; Yung-Ming Shiu
單位
出版者
著錄名稱、卷期、頁數 Corporate Social Responsibility and Environmental Management 33(2), p.2737-2758
摘要 Using Taiwan's unique Task Force on Climate-Related Financial Disclosures (TCFD) compliance dataset on 80 financial institutions compiled based on a content analysis methodology, we find that financial firms' extent of decarbonization practices positively affects TCFD compliance, suggesting that firms with more substantive decarbonization commitments provide more robust climate- related financial disclosures, effectively articulating their efforts and commitments to stakeholders. Moreover, enhanced TCFD compliance positively influences firms' decarbonization practices in terms of Science Based Targets initiative (SBTi) participation, Scope 3 emissions disclosure, and reduced Scope 1 and 2 emissions intensity. We attribute the positive relationship between TCFD compliance and decarbonization practices to heightened stakeholder scrutiny under Taiwan's mandatory disclo- sure regime. By increasing public awareness of firms' disclosure and decarbonization practices, TCFD compliance is likely to be a genuine indicator of decarbonization commitments. Our findings offer insights for other emerging markets considering the adoption of mandatory climate- related financial disclosure.
關鍵字 compliance; decarbonization; Science Based Targets initiative (SBTi); stakeholder scrutiny; Task Force on Climate-Related Financial Disclosures (TCFD)
語言 en
ISSN 1535-3966; 1535-3958
期刊性質 國外
收錄於 SSCI ABS*
產學合作
通訊作者
審稿制度 是
國別 GBR
公開徵稿
出版型式 ,電子版,紙本
相關連結

機構典藏連結 ( http://tkuir.lib.tku.edu.tw:8080/dspace/handle/987654321/128333 )