Skip to main content

Free market environmentalism and the neoliberal project: the case of the Climate Disclosure Standards Board

Journal Article


Abstract


  • In the absence of good social, political, economic and environmental policy, the ecological status of the planet continues to deteriorate. In this paper, we argue that environmental decline has provided scope for new forms of policy-making, yet these emergent policies and policy-making bodies remain poorly understood. Drawing on the work of political geographers and political economists this paper explores the impact of neoliberalism on the development of global environmental regulation. We argue that climate disclosure practices and regulation have provided an opportunity to reinforce the ideological landscape of neoliberalism, In order to anchor this argument, we show that the origins of carbon regulation have emerged almost exclusively from within non-elected coalitions of multinationals operating through private, not-for-profit entities. These organisations continue shape community expectations and influence government policy development of climate change abatement strategies. To explore the impact neoliberalism has had on the environment, we examine the Climate Disclosure Standards Board (CDSB), its role, and its global impact on the regulation of reporting firms.

Publication Date


  • 2013

Citation


  • Andrew, J. & Cortese, C. (2013). Free market environmentalism and the neoliberal project: the case of the Climate Disclosure Standards Board. Critical Perspectives on Accounting, 24 (6), 397-409.

Scopus Eid


  • 2-s2.0-84882270936

Ro Metadata Url


  • http://ro.uow.edu.au/buspapers/212

Has Global Citation Frequency


Number Of Pages


  • 12

Start Page


  • 397

End Page


  • 409

Volume


  • 24

Issue


  • 6

Place Of Publication


  • United Kingdom

Abstract


  • In the absence of good social, political, economic and environmental policy, the ecological status of the planet continues to deteriorate. In this paper, we argue that environmental decline has provided scope for new forms of policy-making, yet these emergent policies and policy-making bodies remain poorly understood. Drawing on the work of political geographers and political economists this paper explores the impact of neoliberalism on the development of global environmental regulation. We argue that climate disclosure practices and regulation have provided an opportunity to reinforce the ideological landscape of neoliberalism, In order to anchor this argument, we show that the origins of carbon regulation have emerged almost exclusively from within non-elected coalitions of multinationals operating through private, not-for-profit entities. These organisations continue shape community expectations and influence government policy development of climate change abatement strategies. To explore the impact neoliberalism has had on the environment, we examine the Climate Disclosure Standards Board (CDSB), its role, and its global impact on the regulation of reporting firms.

Publication Date


  • 2013

Citation


  • Andrew, J. & Cortese, C. (2013). Free market environmentalism and the neoliberal project: the case of the Climate Disclosure Standards Board. Critical Perspectives on Accounting, 24 (6), 397-409.

Scopus Eid


  • 2-s2.0-84882270936

Ro Metadata Url


  • http://ro.uow.edu.au/buspapers/212

Has Global Citation Frequency


Number Of Pages


  • 12

Start Page


  • 397

End Page


  • 409

Volume


  • 24

Issue


  • 6

Place Of Publication


  • United Kingdom