Analysis of The Disclosure of Greenhouse Gas Emissions and Environmental Performance in Listed Firms at Jakarta Islamic Index (JII)

DOI

10.2991/icpsuas-17.2018.9How to use a DOI?

Keywords

Greenhouse gas emissions, environmental performance, Jakarta Islamic Index (JII)

Abstract

Indonesia fully supports the United Nations by legalized UU No. 17 year 2004 about Kyoto Protocol to The United Nations Framework Convention on Climate Change, Peraturan Presiden No. 61 year 2011 about National Action Plan to Reduce the Greenhouse Gas Emission, and Peraturan Presiden No. 71 year 2011 about Inventorization of National Greenhouse Gas. The energy sector in Indonesia contributes for 20% of greenhouse gas emission with the annual percentage increase of 3.5% which proceed from the burning of fossil fuels to boost the Indonesia's national economy. Since 1995, Indonesian government has issued the policy about the Corporate Performance Rating Program in Environmental Management or called as PROPER (Program Penilaian Pemeringkatan Kinerja Perusahaan dalam Pengelolaan Lingkungan). The result of the ranking is in the form of colours in gold, green, blue, red, and black. Al-Qur'an in Surah Al-A'raf verse 56 and Surah Ar-Rum verse 41 are ordered to maintain the world environment. The research sample is consist of 150 listed firms in Jakarta Islamic Index (JII) at the end of each year from 2012 to 2016. This research uses quantitative method with the binary logistic regression analysis and multinominal regression analysis. The results of this research indicate that corporate performance, profitability in the form of ROA and ROE, firm size, and environmental performance are not significantly influence to the disclosure of greenhouse gas emissions. But, through the Classification Table, the output shows that the logistic regression model used is good enough because it is able to predict correctly as much as 89.3% of the conditions. Whereas the corporate performance, profitability in ROA and ROE, and firm size are significantly influence to the environmental performance. It proves that the listed firms in JII have good environmental performance in accordance with the corporate performance, profitability, and firm size.

Copyright

© 2018, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Dwi Swasana Ramadhan
AU  - Azizah Anshori
AU  - Sri Iswati
AU  - Sri Herianingrum
PY  - 2017/08
DA  - 2017/08
TI  - Analysis of The Disclosure of Greenhouse Gas Emissions and Environmental Performance in Listed Firms at Jakarta Islamic Index (JII)
BT  - Proceedings of the 1st International Conference Postgraduate School Universitas Airlangga : "Implementation of Climate Change Agreement to Meet Sustainable Development Goals" (ICPSUAS 2017)
PB  - Atlantis Press
SP  - 36
EP  - 40
SN  - 2352-5398
UR  - https://doi.org/10.2991/icpsuas-17.2018.9
DO  - 10.2991/icpsuas-17.2018.9
ID  - SwasanaRamadhan2017/08
ER  -