Does a Firm’s Green Management Improve its Greenhouse Gas Emission Performance?

In this study, we examine the impact of green management on corporate Greenhouse Gas (GHG) activities, focusing on how environmental, social, and governance (ESG) scores and the presence of ESG committees influence GHG disclosure and GHG intensity. Analyzing a comprehensive dataset of firms listed on the Korean Stock Exchange from 2017 to 2022, our results show that firms with higher ESG scores or established ESG committees are significantly more likely to disclose their GHG emissions. Furthermore, these firms exhibit lower GHG intensity. This study contributes to the literature by providing empirical evidence on the critical role of ESG committees and scores in promoting sustainable management and informs stakeholders about the strategic importance of integrating ESG factors into corporate governance.