Climate change demands immediate and coordinated action from individuals, governments, and companies. Companies, in particular, play a pivotal role in mitigating climate risks and reducing environmental impacts by adopting sustainable practices that extend beyond regulatory compliance. This responsibility is not confined to high‐emission industries; service sectors, including financial institutions, also play a crucial role. Banks are uniquely positioned to address climate change by managing the carbon footprint of their operations and evaluating the environmental impacts of their loan portfolios and financial activities. The urgency of climate change has underscored the importance of transparent communication by banks regarding climate‐related information. While climate change disclosure (CCD) has garnered significant academic interest, research on its determinants in the banking sector remains limited. This study aims to fill this gap by examining the level of CCD among European banks and identifying the factors influencing the dissemination of such information through their official websites. In particular, drawing on agency theory, it investigates the role of board characteristics in shaping CCD practices. The findings, based on an econometric analysis conducted on a sample of 107 publicly listed European banks, reveal that board expertise, gender diversity, and size positively influence the level of CCD, whereas board independence has no significant effect. These results underscore the critical role of governance structures in fostering transparency and accountability in climate‐related matters.

中文翻译：

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气候议程：董事会组成如何推动欧洲银行的气候变化披露

气候变化要求个人、政府和公司立即采取协调一致的行动。尤其是公司，通过采用超越监管合规性的可持续实践，在减轻气候风险和减少环境影响方面发挥着关键作用。这种责任不仅限于高排放行业;包括金融机构在内的服务业也发挥着至关重要的作用。银行通过管理其运营的碳足迹并评估其贷款组合和金融活动对环境的影响，在应对气候变化方面具有得天独厚的优势。气候变化的紧迫性凸显了银行就气候相关信息进行透明沟通的重要性。虽然气候变化信息披露 （CCD） 引起了学术界的极大兴趣，但银行业对其决定因素的研究仍然有限。本研究旨在通过检查欧洲银行的 CCD 水平并确定影响通过其官方网站传播此类信息的因素来填补这一空白。特别是，借鉴代理理论，它研究了董事会特征在塑造 CCD 实践中的作用。基于对 107 家欧洲上市公司样本进行的计量经济学分析，研究结果显示，董事会专业知识、性别多样性和规模对 CCD 水平有积极影响，而董事会独立性没有显着影响。这些结果凸显了治理结构在促进气候相关事务的透明度和问责制方面的关键作用。