Green Authentication, Environmental Performance And Environmental Information Disclosure

With the continuous development and progress of the society,people’s awareness of environmental protection has also been strengthened.Green consumption has gradually become a popular trend,which provides demand for China’s green product market.In this situation,the enterprises began to pay their attention to improving environmental competition and building an environment-friendly image.The emergence of the green certification has provided an official recognition for the environmental protection ability of the enterprises.Many countries have required the enterprises to pass the green certification today,and set up the “green barriers” for the import enterprises.The appearances of the green certification provides a new opportunity for the development of China’s environmental protection cause.This paper study the market’s reaction to enterprises’ passing the green certification and the impact of the environmental management system on enterprises’ improvement of environmental performance and environmental information disclosure level.And provides the suggestions for the use of the green certification and the improvement of enterprises’ environmental behavior.Based on the researches of the former scholars on this subject,we analyzed the case company’ s changes after passing the ISO14001 environmental management system.By comparing the environmental performance and environmental information disclosure level after getting the green certification,we analyze the influences that the green certification made on the case company’s environmental behavior and give some suggestion on it.This paper’s main research method is case study.And we select the Shanghai Electric Power company(SEP)as the case company to explore the impact of green certification on corporate environmental performance and environmental information disclosure level.The first chapter is the introduction,which mainly introduces the research background and research significance,reviews and summarizes the existing literature and introduces the research methods and the framework of this paper.The second chapter studies the market response of green certification from the theoretical point of view.Discussing how green certification cause changes in environmental performance and environmental information disclosure.The third chapter briefly introduces the background of the case enterprise SEP and the construction of green certification.By analyzing the market reaction on the publication of green certification,we knows the market’s attitude towards green certification.The fourth chapter studies the changes in environmental performance and environmental information disclosure of SEP after it got green certification.We selected energy consumption,pollutant emissions,green R & D and sustainable development level to present the environmental performance,and compared the environmental information from the perspective of quantity and quality.The fifth chapter analyzes the results and puts forward opinions on green certification and the environmental behavior of the company.The sixth chapter is the conclusion,including the conclusion of this paper,the possible innovations and the research limitations that still exist.Through the research on environmental performance and environmental information disclosure after getting the green certification,this paper mainly draws the following conclusions: Firstly,the market is not optimistic about the green certification.Secondly,the environmental performance of the company will be greatly improved after passing the green certification.Thirdly,getting the green certification will encourage the companies to increase the disclosure of environmental information.The innovation of this paper is to provide a case evidence of the consequences of the green certification on capital market and company’s environmental behavior,and hope to provide a reference to it.