An evaluation of environmental, social, and governance reporting in the agricultural sector

In Kenya, aquaculture plays a significant role in enhancing the livelihoods of rural communities by boosting the local economy and diversifying protein sources. Although Vihiga County in Western Kenya boasts considerable potential for aquaculture, it paradoxically experiences some of the highest levels of poverty and malnutrition in the country. The profitability of fish farming has also been affected by inefficiencies and poor resources, disproportionately affecting the income and nutritional value of rural poor who rely on Aquaculture as a source of cheap protein. The study was conducted in Vihiga County to assess the cost–benefit of aquaculture production, selecting 100 fish farmers through a stratified random sampling technique from five sub‐counties. A descriptive research design was employed, and data analysis was conducted using correlation and regression analysis with SPSS. Budgetary techniques were used for the cost–benefit analysis. Data presentation was by comparing the mean and standard deviation in US dollars of different pond size production. The research findings indicated that the size and type of pond do not have a significant correlation and differences in production (p‐value >.05). There is a strong positive correlation between the size of the pond and the stocking density. The variable cost (VC) has a positive correlation with pond productivity meaning that an increase in VC leads to an increase in production. And is not statistically significant (p‐value = .21827, p‐value >.05). Moreover, the total cost (TC) correlation is statistically significant (p‐value = .0351, p < .05). Larger ponds are more profitable but require higher costs production than smaller ponds. The study concludes that pond size significantly impacts productivity, advocating for smaller ponds to achieve higher net returns with lower production costs. Major challenges include high costs of feeds, inputs, fish diseases, and post‐harvest losses. Key policy variables influencing aquaculture in Vihiga County include infrastructure, fish feed production, capital, and fisheries extension services. Adequate financial support from both National and County governments is crucial for sustainable aquaculture in alignment with Kenya's Vision 2030 and Global Sustainable Development Goals. Policymakers are urged to assist small‐scale farmers with financing, training, and market information to optimize returns on investment.

Section: Economic Analysis and Profitability Assessment Of Fish Farmi...supporting

confidence: 72%

Aquaculture: A hidden goldmine for the rural poor—A cost–benefit analysis of fish farming for sustainable development and food security in Vihiga County, Kenya

Syanya,

Harikrishnan,

Simiyu

et al. 2024

“…Several previous studies have examined in depth the topic of environmental disclosure in a corporate context, highlighting important aspects such as carbon, water, waste, energy, and corporate social responsibility (CSR) and Environmental, Social, and Governance (ESG) (Ali et al, 2024;Gerber et al, 2024;Peng & Chandarasupsang, 2023;Srouji et al, 2023;Thun & Zülch, 2023;Wicaksono & Setiawan, 2024). Nevertheless, the main attention in research often focuses on aspects of emissions disclosure (Elsayih et al, 2021;Khalid et al, 2023;Kılıç & Kuzey, 2019).…”

Section: Literature Review and Theory Developmentmentioning

confidence: 99%

The influence of board characteristics, ownership structure and public attention on climate change disclosure in banking sector companies

Octavio,

Setiawan

2024

This study aims to analyze the influence of board characteristics, ownership structure, and public attention on the disclosure of information related to climate change in the banking industry. This study uses panel data from financial reports and corporate sustainability in the banking sector. The data is processed using the Eviews application, using a sample of 348 companies from 2018 to 2021. The results show that the presence of women on the board, foreign board members, foreign ownership, and public attention all have a positive and significant effect influence. In contrast, board size and institutional ownership have a negative influence on the disclosure of climate change information by banking companies in different countries. Statistical tests also show that although the level of climate change information disclosure by banking companies is relatively good, there is still room for improvement to be in line with evolving standards. The study also looks at public attention through media coverage, as measured through Google Trends, which has the potential to impact climate change information disclosure, especially in sectors that are sensitive to the issue. Furthermore, the study conducted additional tests by categorizing the sample based on companies located in countries with high and medium rankings in the climate change performance index, as well as grouping them by region (Asia, Americas, and Europe). This research has important practical and theoretical contributions, advancing the understanding of the application of legitimacy and stakeholder theories to climate change and the factors that influence climate change disclosure strategies.

Employment, labor productivity and environmental sustainability: Firm‐level evidence from transition economies

Petreski,

Tanevski,

Stojmenovska

2024

This article investigates the impact of investment in environmentally sustainable practices on employment and labor productivity growth in transition economies. It explores the influence of labor skill composition and geographical variations on sustainability dynamics. Utilizing data from the World Bank's Enterprise Survey 2019 across 24 transition economies, an environmental sustainability index is constructed using Principal Components Analysis. To address endogeneity concerns, a combination of fixed effects and instrumental variables is employed. The findings highlight the significance of environmental sustainability for both employment and labor productivity growth. However, the observed relationships diminish in significance when comprehensively addressing endogeneity, suggesting a more nuanced and time‐dependent connection between environmentally sustainable practices and job growth. Notably, high‐skill firms experience a deceleration in job creation following sustainability investments, while low‐skill firms benefit from improved labor productivity. Geographically, Central Europe exhibits more pronounced impacts on labor productivity, potentially attributed to higher levels of development and sustainability awareness compared to Southeast Europe and the Commonwealth of Independent States.