Risky climate: the endogenous institutionalization of climate disclosure in corporate climate governance

Abstract Climate governance has historically grappled with regulatory deadlock over corporate accountability for the climate crisis. Within this context of regulatory impasse, climate disclosure emerged as the central framework in financial regulatory approaches to climate change. Extending theories of legal endogeneity to advance socio-legal studies of climate governance, this article explains how private actors institutionalized climate disclosure from a voluntary corporate practice into a cor