2026-04-27T17:29:00Zhttps://riubu.ubu.es/oai/requestoai:riubu.ubu.es:10259/94502024-07-20T00:05:25Zcom_10259_5238com_10259_5086com_10259_2604col_10259_6212
Giordano Spring, Sophie
6bc7c2ce-8179-46c2-8ae8-a117ffaa2a2d
600
Larrinaga González, Carlos
312
600
0000-0002-7000-4619
Rivière Giordano, Géraldine
b163c5d1-883a-41fc-ae4e-2154bef82c41
600
2024-07-19T10:15:08Z
2024-07-19T10:15:08Z
2024-07
0951-3574
http://hdl.handle.net/10259/9450
10.1108/AAAJ-07-2022-5946
Since the withdrawal of IFRIC 3 in 2005, there has been a regulatory freeze in accounting for emission rights that contrasts with the international momentum of climate-related financial disclosures. This paper explores how different narratives and institutional dynamics explain the failure to produce guidance on accounting for emission rights.
Design/methodology/approach
This paper mobilises the notion of field-configuring events to examine a sequence of six events between 2003 and 2016, including four public consultations and two dialogues between standard setters. The paper presents a qualitative analysis of documents produced in this space that investigates how different practices and narratives configured the field's positions, agenda, and meaning systems.
Findings
Accounting for emission rights was gradually decoupled from climate change and carbon markets, relegated to the research pipeline, and forgotten. The obstacles that the IASB and EFRAG found in presenting themselves as central in the recurring events, the excess of representations, and the increasingly technical and abstract debates eroded the 2003 momentum for regulation, making the different initiatives to revitalise the project vulnerable and open to scrutiny. Lukes (2021) refers to nondecision-making to express that some issues are suffocated before they are expressed.
Originality/value
The regulation of accounting for emission rights, an area that has received scant attention in the literature, provides some insights into the different narrative mechanisms that, materialising in specific times and spaces, draw regulatory attention to particular accounting issues, which are problematised and, eventually, forgotten. This study also illustrates that identifying interests is problematic as actors shift from alternative positions over a long period. The case examined also raises some doubts about the previous effectiveness of international standard setters in dealing with matters of connectivity between the environment and finance, as is the case for accounting for emissions rights.
Sophie Giordano-Spring and Géraldine Rivière-Giordano are grateful for the financial support by the Autorités des Normes Comptables and the French National Research Agency through the program “Investments for the Future” under reference number ANR-10-LabX-11-01. Carlos Larrinaga is grateful for the financial assistance provided by Spanish Ministry of Science & Innovation (Grant PID2021-122389OB-I00) and FEDER and Junta de Castilla y León (Grant BU029P23).
application/pdf
eng
Emerald
Accounting, Auditing & Accountability Journal. 2024, V. 37, n. 2, p. 216-247
https://doi.org/10.1108/AAAJ-07-2022-5946
info:eu-repo/grantAgreement/ANR//ANR-10-LabX-11-01/FR/
info:eu-repo/grantAgreement/AEI/Plan Estatal de Investigación Científica y Técnica y de Innovación 2021-2023/PID2021-122389OB-I00/ES/INFORMACION DE SOSTENIBILIDAD PARA EL PACTO VERDE/
info:eu-repo/grantAgreement/Junta de Castilla y León//BU029P23//Contabilidad socio-ecológica y stewardship empresarial/
Atribución 4.0 Internacional
http://creativecommons.org/licenses/by/4.0/
info:eu-repo/semantics/openAccess
Emission rights
Accounting regulation
IASB
Field-configuring events
Carbon
Contabilidad ambiental
Contabilidad
Contaminación
Accounting
Pollution
Field-configuring events and the failure to standardise accounting for carbon emissions
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Accounting, Auditing & Accountability Journal
37
9
216
247
THUMBNAIL
Giordano-aaaj_2024.pdf.jpg
Giordano-aaaj_2024.pdf.jpg
IM Thumbnail
image/jpeg
4791
https://riubu.ubu.es/bitstream/10259/9450/4/Giordano-aaaj_2024.pdf.jpg
c9ccc5a4bb7262ceeb6a8a9860e4e7db
MD5
4
LICENSE
license.txt
license.txt
text/plain; charset=utf-8
999
https://riubu.ubu.es/bitstream/10259/9450/3/license.txt
b295bcbce42e2caabeb0c623d3860c06
MD5
3
CC-LICENSE
license_rdf
license_rdf
application/rdf+xml; charset=utf-8
908
https://riubu.ubu.es/bitstream/10259/9450/2/license_rdf
0175ea4a2d4caec4bbcc37e300941108
MD5
2
ORIGINAL
Giordano-aaaj_2024.pdf
Giordano-aaaj_2024.pdf
application/pdf
334305
https://riubu.ubu.es/bitstream/10259/9450/1/Giordano-aaaj_2024.pdf
321d97df1c228bae0ca8d365114784f9
MD5
1
10259/9450
oai:riubu.ubu.es:10259/9450
2024-07-20 02:05:25.68
Repositorio Institucional de la Universidad de Burgos
bubrep@ubu.es
RWwgYXV0b3IgY29tbyDDum5pY28gdGl0dWxhciBkZSBsb3MgZGVyZWNob3MgZGUgcHJvcGllZGFkIGludGVsZWN0dWFsIGRlIGxhIG9icmEsIG8gZGlzcG9uaWVuZG8gZGUgbG9zIGRlYmlkb3MgcGVybWlzb3MgZGUgbG9zIG90cm9zIHRpdHVsYXJlcywgc2kgbG9zIGh1YmllcmEsIHkgZW4gdmlydHVkIGRlIGxvcyBkZXJlY2hvcyBxdWUgbGUgY29uZmllcmUgbGEgbGVnaXNsYWNpw7NuIHZpZ2VudGUgc29icmUgcHJvcGllZGFkIGludGVsZWN0dWFsIHkgZGVyZWNob3MgZGUgYXV0b3IsIA0KQVVUT1JJWkEgYSBsYSBVbml2ZXJzaWRhZCBkZSBCdXJnb3MgYSBkaWZ1bmRpciwgZGUgbWFuZXJhIGdyYXR1aXRhLCBlbCBjb250ZW5pZG8gZGUgbG9zIGFyY2hpdm9zIGRpZ2l0YWxlcyBxdWUgY29ycmVzcG9uZGVuIGFsIGRvY3VtZW50byBkZXNjcml0byBhbnRlcmlvcm1lbnRlLCBjb24gY2Fyw6FjdGVyIG5vIGV4Y2x1c2l2byB5IGRlIG1hbmVyYSBww7pibGljYSBlbiBhY2Nlc28gYWJpZXJ0byBhIHRyYXbDqXMgZGUgSW50ZXJuZXQsIHBhcmEgbG8gcXVlIGxhIEJpYmxpb3RlY2EgcHJvY2VkZXLDoSBhIGFyY2hpdmFybG9zIGVuIGVsIFJlcG9zaXRvcmlvIEluc3RpdHVjaW9uYWwuIEFzaW1pc21vIGF1dG9yaXphIGEgbGEgVW5pdmVyc2lkYWQgZGUgQnVyZ29zIGEgcmVhbGl6YXIgbGFzIHRyYW5zZm9ybWFjaW9uZXMgbmVjZXNhcmlhcyBkZSBmb3JtYXRvLCBubyBkZSBjb250ZW5pZG8sIHBhcmEgZ2FyYW50aXphciBsYSBwcmVzZXJ2YWNpw7NuIHkgZWwgYWNjZXNvIGVuIGVsIGZ1dHVyby4NCg0KRWwgYXV0b3IgZGlzcG9uZSwgZW4gdG9kbyBjYXNvLCBkZWwgZGVyZWNobyBhIHJldm9jYXIgZXN0YSBhdXRvcml6YWNpw7NuLg0KDQpMYSBjZXNpw7NuIGRlIGRlcmVjaG9zIGRlIGVzdGEgb2JyYSBzZSBlbmN1ZW50cmEgc3VqZXRhIGEgbGEgbGVnaXNsYWNpw7NuIHZpZ2VudGUgc29icmUgcHJvcGllZGFkIGludGVsZWN0dWFsIHkgZGVyZWNob3MgZGUgYXV0b3Iu