The Department of Accounting, Faculty of Economics and Business, Universitas Negeri Semarang (FEB UNNES), proudly announces the publication of an international research article entitled “Corporate Governance and Carbon Emissions Disclosure: Evidence from Non-financial Companies in Indonesia” in Cogent Business & Management, an internationally recognized open-access journal published by Taylor & Francis. The journal publishes multidisciplinary research across business, management, accounting, corporate governance, and related fields with a global perspective.
The article was authored by Indah Fajarini Sri Wahyuningrum, Fitrarena Widhi Rizkyana, Meilani Intan Pertiwi, Ardhana Reswari Hasna Pratista, Tihana Tyan Zahrotuddinia Tauhida, Fitra Roman Cahaya, and Annisa Sila Puspita, reflecting the department’s strong commitment to collaborative and internationally impactful research.
The study investigates how corporate governance characteristics influence carbon emissions disclosure among non-financial companies listed on the Indonesia Stock Exchange (IDX). Using panel data from 40 publicly listed companies during the 2020–2024 period, the researchers examined the roles of gender diversity, the proportion of independent commissioners, foreign ownership, company size, and company age in shaping corporate environmental disclosure practices.
The findings reveal that company age positively influences carbon emissions disclosure, indicating that more established firms tend to demonstrate greater transparency regarding environmental performance. In contrast, company size exhibits a negative relationship with disclosure practices, suggesting that larger organizations do not necessarily provide more comprehensive carbon-related information. Meanwhile, gender diversity, independent commissioners, and foreign ownership were found to have no statistically significant effect on carbon emissions disclosure.
These findings offer important insights into sustainability reporting in emerging economies, where carbon emissions disclosure remains largely voluntary. The study suggests that formal corporate governance mechanisms alone are insufficient to enhance environmental transparency without stronger regulatory support and organizational commitment. The researchers recommend strengthening mandatory disclosure frameworks while encouraging companies to integrate sustainability reporting into their long-term corporate strategies.
The publication demonstrates the Department of Accounting’s continuous efforts to advance research excellence in corporate governance, sustainability accounting, environmental reporting, and responsible business practices. By addressing one of today’s most pressing global challenges—climate change—the research provides valuable evidence for regulators, investors, corporate leaders, and policymakers seeking to improve environmental accountability and corporate transparency.
The study also contributes to the achievement of several United Nations Sustainable Development Goals (SDGs). It supports SDG 13 (Climate Action) by promoting greater transparency in carbon emissions reporting and encouraging climate-related corporate accountability. The research aligns with SDG 12 (Responsible Consumption and Production) by strengthening sustainable business reporting practices and responsible corporate governance. Furthermore, it advances SDG 16 (Peace, Justice and Strong Institutions) by emphasizing transparency, accountability, and improved governance frameworks as essential elements of sustainable economic development.
Through internationally recognized publications, the Department of Accounting FEB UNNES continues to strengthen its global research visibility while generating evidence-based knowledge that supports sustainable business practices, responsible corporate governance, and environmental stewardship. This achievement further reinforces the department’s commitment to producing impactful research that contributes to both academic advancement and real-world policy development.