The Effect of Carbon Emission Disclosure and Environmental Performance on Company Value in Indonesia (Empirical Study on Mining Companies Listed on the Indonesia Stock Exchange 2021-2023)

M. Dawam Habibullah; Mukhzarudfa Mukhzarudfa; Rita Friyani

doi:10.55927/eajmr.v4i2.28

Authors

M. Dawam Habibullah Universitas Jambi
Mukhzarudfa Mukhzarudfa Universitas Jambi
Rita Friyani Universitas Jambi

DOI:

https://doi.org/10.55927/eajmr.v4i2.28

Keywords:

Carbon Emission Disclosure, Company Value, Environmental Performance

Abstract

The research investigates how disclosure of carbon emissions and ecological performance metrics influence corporate valuation. Through deliberate selection criteria, researchers examined 63 mining sector organizations registered with Indonesia's primary securities market. Financial statements and sustainability documentation served as primary data sources, accessed via the national exchange platform. Statistical evaluation employed multiple regression techniques to test the proposed relationships. The investigation revealed that both variables - transparency regarding carbon output and environmental stewardship - demonstrated meaningful positive correlations with organizational worth. These effects were observed independently and in combination across mining enterprises listed on Indonesia's stock market between 2021 and 2023.

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