1. Introduction - 早稲田大学

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Saka and Oshika (2010) at KAA 4. Sample Selection and Data Collection Corporate CO 2 emissions data FY 2006 data (1,085 firms) and FY 2007 data (808 firms) under the Global Warming Measures Law. CO2-related disclosure companies answering to the CDP questionnaire on risks and opportunities related to climate change and on emissions reduction plans, targets and strategies from “Carbon Disclosure Project Report 2006 - Japan 150” (101 firms) and “Carbon Disclosure Project Report 2007 - Japan 150” (115 firms) Participating in emissions trading schemes companies participating in the second phase(61 firms) and third phase(61 firms) under JVETS
Saka and Oshika (2010) at KAA 4. Sample Selection and Data Collection Financial data and stock price data: Nikkei NEEDS-Financial Quest Manufacturing sector, listed companies Final samples for analysis CO 2 emissions: 448 firms in FY 2006, 338 firms in FY 2007, 784 firms for a pooled data CDP respondents: 36 firms in FY 2006, 38 firms in FY 2007, 75 firms for pooled data. JVETS participant: 18 firms in FY 2006 13 firms in FY 2007, 30 firms for pooled data Descriptive Statistics See TABLE 1 Correlation Matrix See TABLE 2
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1. Introduction - 早稲田大学

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