Energy Consumption, Green-house Gases Emissions, Water Usage and Waste Practices: Evidence from Top Global 100 firms in the Area of Sustainability
Conference Presentation(Abstract) - presented by Ravi Chinta
Sustainability is a new imperative in the business world. However, there is scant research on factors that drive sustainability at firm-level. Our study examines the effects of gender diversity on Board of Directors, CEO pay levels and firm's R&D intensity on sustainability. Based on data from Global Top-100 Sustainable firms, our study shows that while gender diversity on Board of Directors and R&D intensity have positive correlation on sustainability, CEO pay level is uncorrelated to sustainability. Aggregate analyses in our study revealed a tenuous linkage between sustainability and firm-level determinants. We conclude with implications for managerial practice and future research.