Proceedings of The 7th International Conference on Business, Management and Economics
Year: 2022
DOI: https://www.doi.org/10.33422/7th.icbmeconf.2022.12.104
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Mediating Role of Carbon Accounting Between Carbon Risk Management and Carbon Performance
Dr. Boon Heng The, Tze San Ong
ABSTRACT:
The literature on carbon management has focused on how businesses might employ carbon innovation to turn environmental challenges and gain competitive advantages. This study advances carbon management awareness among Malaysian firms accredited by the International Organization for Standardization (ISO) 14001. The study specifically aims to evaluate the impact of carbon risk management on carbon performance through the mediating variable of carbon accounting. This study employed a quantitative approach; data on carbon management ISO 14001 accredited enterprises will be analysed using structural equation modelling (SEM). This paper presents a conceptual framework proposed and a fundamental understanding of the relationship between carbon risk management, carbon accounting, and carbon performance in Malaysia. It also hopes to provide information on enterprises’ management practices, particularly for ISO 14001-accredited companies and other businesses.
keywords: Carbon risk management, carbon performance, carbon accounting, ISO 14001