Abstract:
Prior research has extensively researched several relationships regarding Corporate Social Responsibility, but no research has been done on the relation between Corporate Social Responsibility and the valuation of greenhouse gases. This study sought to find the relationship using case studies and additional interviews. Based on the case studies and the interviews, an assessment of the corporate social responsibility level was made. This was compared to the value given to carbon dioxide and methane. The findings of this study suggest that differences in the focus on the social aspect of CSR and the involvement of public authorities in organizations has a
big impact on the valuation assigned. Also, external incentives, such as regulation, can change the valuation assigned. Future research should investigate the determinants of the valuation in a quantitative manner and further distinguish the determinants within the different dimensions of CSR.
