Stock Exchange ESG Disclosure Guidance and Corporate Carbon Mitigation: International Evidence

ABSTRACT This study investigates the tangible impact of the adoption of environmental, social, and governance (ESG) disclosure guidance by stock exchanges on corporate carbon mitigation, focusing on six major frameworks: the Global Reporting Initiative (GRI), the Sustainability Accounting Standards Board (SASB), the Task Force on Climate Related Financial Disclosures (TCFD), the International Integrated Reporting Council (IIRC), the Climate Disclosure Standards Board (CDSB), and the CDP. Using a