Mitigation of Climate Change and Prevention of Pollution Activities: Environmental Disclosure Practice in Islamic Financial Institutions

This study aims to explore the environmental disclosure practice from an Islamic perspective. Content analysis on 2012 annual and sustainability reports of Islamic financial institutions in Malaysia has been carried out. The environmental information was collected using a developed CSR-environmental index. Study results revealed that the key environmental disclosures provided were related to climate change mitigation and adaptation, and prevention of pollution type of activities. Further exploration on the prioritization of environmental activities found that the key focus of the vital activities was prevention related programmes while the recommended activities were research and development programmes, and prevention initiatives.