Research proposal based on : Demonstrate, with references where possible, why the issue is important to practice (e.g., to accountants, managers, regulators, the general public). It has been argued that we are at a tipping point with regard to climate change (find reference).
- Organisations are the principal source of carbon emissions (reference).
- Organisations have the greatest potential for making the necessary changes to reduce carbon emissions (reference).
- Climate change brings significant risks for organisations (reference) and therefore the value of shareholders’ investment (reference). Some previous research has found links between environmental performance and share price (reference).
- Performance evaluation and reward are the mechanisms through which the shareholders’ interests are protected (reference). Including targets and performance-based incentives (reference).
- Setting targets is difficult because there is not much experience in the management of emissions (reference, or lack or reference if that is the case)