| dc.description.abstract | Countries are increasingly emphasizing environmental and corporate social responsibility. To achieve the goals of carbon neutrality and net-zero emissions by 2050, the European Union began trial implementation of carbon tariffs on imports based on their carbon emissions in October 2023. In Taiwan, the Financial Supervisory Commission (FSC) released the ＂Sustainable Development Roadmap for Listed Companies＂ on March 3, 2022. This roadmap aims to have all listed companies complete greenhouse gas inventories by 2027 in stages, thereby creating a robust sustainable development (ESG) ecosystem. Additionally, to enhance board diversity and considering the international trend of promoting female directors, the FSC requires listed companies to appoint at least one female director upon the end of the current
board term starting in 2024.
Therefore, this study primarily investigates the impact of female chairpersons, female directors, and female independent directors on carbon emissions. Furthermore, this study examines whether having female directors and higher ESG scores can effectively reduce carbon emissions. Lastly, it explores the impact of the proportion of female managers and female employees on carbon emissions as sub-sample variables.
The main findings of this study are as follows: companies with female chairpersons and companies with female directors both experience a reduction in their carbon emissions. As for companies with female independent directors, there is also a decrease in carbon emissions, but the effect is not significant. Additionally, this study finds that companies with a female chairperson and higher TESG scores, as well as companies with a female chairperson and higher social dimension scores, can reduce their carbon emissions. Lastly, this study discovers that a 1% increase in the proportion of female managers and female employees in a company can effectively reduce carbon emissions. | en_US |