Study of some explanatory factors in the opportunities arising from climate change

The purpose of this research is to analyze different factors behind the disclosure of corporate information on issues related to opportunities arising from climate change worldwide.To achieve that purpose we formulated a dependency model in which the dependent variable corresponds to the creation of a disclosure index on greenhouse gas emissions based on the opportunities arising from climate change and disclosed by companies on their websites. The sample used comprises companies from different countries and activity sectors considered as the most sensitive to greenhouse gas emissions.The results obtained point out that companies with higher environmental performance disclose a larger volume of information on opportunities arising from climate change on their websites, compared to companies with lower environmental performance. Likewise, companies from countries that have ratified the Kyoto Protocol disclose a higher volume of information on greenhouse gas emissions on their websites, compared to companies from countries which have not ratified it.