Impact of corporate governance diversity on carbon emission under environmental policy via the mandatory nonfinancial reporting regulation

Abstract This study builds on the expanding literature interplay of corporate governance and environment behaviour following introduction carbon reporting directives UK Companies Act in 2013. We specifically focus seeking clarity relationship between gender diversity, board independence, size with environmental performance. The examines these relationships under a mandatory nonfinancial (NFR) requirement tests impact regulatory shocks composition channels affecting emission. findings confirm that diversity independence improve firm's And while larger sizes lead to investments, finds leads poor performance for firm. contribute developments countries, such as United States, where there is an ongoing debate adoption NFR response boards.