隨著氣候變遷的議題持續蔓延，以及2015年巴黎協議的通過，各國政府開始對溫室氣體的排放量進行總額管制，將導致全球各大公司面臨嚴峻的挑戰。因此本篇研究以台灣2014至2016年的上市櫃公司作為研究對象，並且以利害關係人的角度切入，探討外國法人股東、客戶、債權人，以及政府是否會對公司產生壓力，進而影響公司氣候變遷資訊揭露的意願與品質。而研究的結果指出，來自客戶與政府的影響力，會增加公司對外揭露氣候變遷資訊的意願，但只有政府的壓力能影響氣候變遷資訊揭露的品質，驅使公司經由第三方驗證的方式，對外揭露氣候變遷的相關資訊；另外，實證結果亦顯示，信用風險指標低，財務狀況好的公司，較有意願對外揭露氣候變遷的相關資訊，且所揭露的資訊經由第三方驗證，揭露的品質具有一定之可信度。至於額外測試的部分，電子供應鏈的規範壓力，確實會對公司氣候變遷資訊揭露的意願與品質，產生有效且正向的影響力。最後，本篇研究的結果，除了可以適時補齊氣候變遷資訊揭露的文獻缺口，亦可作為政府機關氣候變遷政策法規制定的參考，更可以協助公司的管理階層，鑑別相關利害關係人對氣候變遷風險管理的需求，並依此作為日後資訊揭露的依據。

As the issue of climate change continues to spread and the Paris agreement is adopted in 2015, governments all over the world have begun to regulate total greenhouse gas emissions, which will cause companies to face severe challenges. Therefore, this study uses the listed companies in Taiwan from 2014 to 2016 as the research sample, and takes the perspective from stakeholders to explore whether foreign institutional investors, clients, creditors and the government will exert pressure on company to affect the willingness and the quality of climate change information disclosure. The results of the study point out that the influence from clients and the government will increase the willingness to disclose climate change information. However, only the pressure from the government will drive companies to disclose climate change through independent third-party verification. In addition, the empirical results also show that companies with low credit risk are more willing to disclose the relevant information of climate change which is verified by independent third-party. As for the additional analysis, the pressure from EICC(Electronic Industry Citizenship Coalition) has a positive influence on the willingness and the quality of climate change information disclosure. Finally, the study not only can fulfill the gaps in the literature on the climate change information disclosure, but also can serve as references for the formulation of policies on climate change by the government agency. Moreover, it can assist managements from companies to identify what stakeholders' requirements for climate change information and apply it as the basis for future information disclosure.

第壹章、緒論 1
第貳章、文獻回顧 5
第一節、氣候變遷揭露之文獻回顧 5
第二節、氣候變遷揭露之方式與架構 8
一、CDP氣候變遷問卷 9
二、企業社會責任報告書 14
三、公開資訊觀測站 18
第三節、利害關係人理論 20
第四節、氣候變遷揭露與財務狀況 22
第參章、研究方法 25
第一節、研究假說 25
第二節、研究設計 30
一、實證模型 30
二、依變數之衡量 32
三、主測變數之衡量 33
四、控制變數之衡量 34
第三節、樣本選取 34
第肆章、實證分析 37
第一節、敘述性統計 37
第二節、實證結果分析 43
第三節、額外測試 47
第伍章、結論與建議 51
第一節、研究貢獻 51
第二節、研究限制 52
第三節、未來研究建議 53
參考文獻 55

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