Moderating effect of carbon accounting systems on strategy and carbon performance: a CDP analysis

Abstract Carbon emissions bring significant risks and opportunities, organisations have responded by adopting different strategies environmental control systems, such as carbon accounting systems (CASs). However, it remains unclear whether a CAS can help reduce emissions, what role is played in the relationship between strategy performance. Therefore, this paper analyses strategy-accounting-performance nexus drawing on 1672 firm-year observations of firms participating CDP 2014 2015. The results suggest that quality influenced strategic choices; with proactive being associated higher CAS. Further, CASs are found to be savings reduction. indicate moderating strategy-performance relationship, enabling lower intensity presence high-quality Our findings formulation establishment measures drive effective mitigation.