English (United Kingdom)

https://curated-unify.zendy.io/wp-json/zendy-region/v1/featured_content/oa?rat=en

https://curated-unify.zendy.io/wp-json/zendy-region/v1/highlighted_journal/

Global: Zendy Plus annual

Presents the access of premium content as premium feature

Premium Content

Presents the keyphrase highlighting as premium feature

Keyphrase Highlighting

Presents the summarisation as premium feature

Summarisation

Insights

Presents the pdf analysis as premium feature

PDF Analysis

Presents the zaia usage as premium feature

ZAIA

Global: Zendy Plus monthly

Global: Zendy Tools annual

Global: Zendy Tools monthly

Global: Zendy Free Plan

Setting greenhouse gas emission target is a critical step to meet the challenge of climate change. While the debate on global and national carbon emission targets has dominated every major climate change conference, little is known about how the firms set emission targets. Using a dataset on S&P 500 companies in the United States, we investigate the determinants of firm-level climate change mitigation targets, including target adoption and target metric (intensity target vs. absolute target). We find that companies with larger size, higher growth, better innovation, weaker capital constraint, and higher government pressure are more likely to establish emission targets. Further, firm growth has a negative (positive) and significant association with the use of absolute (intensity) target. This may be due to the fact that intensity target can better accommodate growth than absolute target. Policymakers and corporate managers may resort to those determinant factors in designing climate change policies to induce desirable firm-level target-setting behaviors.

Determinants of Corporate Climate Change Mitigation Targets in Major United States Companies