We analyze how board characteristics affect a company’s carbon emissions besides further firm-related and cultural variables, using data on over 6,000 companies located in 46 countries for the period 2009–2019. We identify the boards that are more skilled or have a higher share of female members to emit a lower amount of greenhouse gases. Surprisingly, high CSR board efforts show higher carbon emissions. We observe that the importance of time varying effects within a company changed as a consequence of the Paris Agreement in 2015.

中文翻译：

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环保还是不环保：板材特性对碳排放的影响

我们使用 2009 年至 2019 年期间位于 46 个国家/地区的 6,000 多家公司的数据，分析了董事会特征如何影响公司的碳排放以及进一步的公司相关和文化变量。我们确定了更熟练或女性成员比例更高的董事会，以排放更少的温室气体。令人惊讶的是，高 CSR 董事会的努力显示出更高的碳排放。我们观察到，由于 2015 年的《巴黎协定》，公司内部时变效应的重要性发生了变化。