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  • About
  • The Global ETD Search service is a free service for researchers to find electronic theses and dissertations. This service is provided by the Networked Digital Library of Theses and Dissertations.
    Our metadata is collected from universities around the world. If you manage a university/consortium/country archive and want to be added, details can be found on the NDLTD website.
1

" Disorganized Hypocrisy”: Climate-Related Financial Disclosure and Net-Zero Commitments Among Financial Corporations in Singapore

Phan, Viet Hoang January 2023 (has links)
Thesis advisor: Sarah Babb / The years since the Paris Agreement have seen intensifying efforts to decarbonize the financial system. Disclosure frameworks, notably the Taskforce for Climate-related Financial Disclosure (TCFD), and Net-Zero targets, are fast becoming institutionalized globally to incentivize financial institutions to divert capital into low-carbon activities and away from carbon-heavy ones. I examine the implementation of these frameworks among financial corporations (FCs) in Singapore. 15 semi-structured interviews with professionals in the industry at the forefront of TCFD and Net-Zero suggest that FCs’ “talk” often does not match with their “actions”. Organizations ceremonially comply with new global standards as well as local regulations on TCFD and Net-Zero while they continue to finance carbon-intensive economic activities. Yet this apparent “hypocrisy” may not be so much a result of coordinated efforts for organizational buffering, as it is a consequence of disorganization and discoordination. Informants suggest that different parts within FCs independently perceived and responded differently, at a different pace, to the novel challenges that climate change has brought. I contribute to the environmental sociology literature on “organized hypocrisy” by examining how commonly perceived “hypocrisy” is or is not, in fact, “organized”. In doing so, I suggest that we should not assume “hypocrisy” to be an intentional organizational project. Furthermore, rather than seeing “hypocrisy” as effort to keep an organization “stable”, I argue that hypocrisy may be indicative of slow and potentially discordant organizational change, with ongoing internal efforts by insiders to match “actions” with “talk”. / Thesis (MA) — Boston College, 2023. / Submitted to: Boston College. Graduate School of Arts and Sciences. / Discipline: Sociology.

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