Location
Online
Event Website
https://hicss.hawaii.edu/
Start Date
3-1-2023 12:00 AM
End Date
7-1-2023 12:00 AM
Description
Green bond markets promise to fight climate change by encouraging green investments. Yet, the real-world complexity of quantifying the green impact of sustainable initiatives might be exploited for greenwashing, thus threatening the entire market's credibility. Advances in business analytics research and practice hold the potential to untangle this complexity. This study aims to explore how one can engage with data to build the legitimacy of green bonds. In particular, we detail data-related needs, requirements, and challenges that are critical to take into account for designing relevant and effective information system artifacts that will support green bond markets. Through focus groups, interviews, and secondary data analysis, we identify capturing, contextualizing, and communicating green impact as core activities for bond issuers toward ensuring legitimacy for their green bonds. Based on these findings, we outline future research avenues and propose an initial set of research questions for the business analytics and, more broadly, information systems community.
Recommended Citation
Tona, Olgerta; Zhang, Yixin; Asatiani, Aleksandre; and Lindman, Juho, "Role of Data in the Building of Legitimacy for Green Bonds — Capturing, Contextualizing, and Communicating" (2023). Hawaii International Conference on System Sciences 2023 (HICSS-56). 4.
https://aisel.aisnet.org/hicss-56/os/org_issues_in_bi/4
Role of Data in the Building of Legitimacy for Green Bonds — Capturing, Contextualizing, and Communicating
Online
Green bond markets promise to fight climate change by encouraging green investments. Yet, the real-world complexity of quantifying the green impact of sustainable initiatives might be exploited for greenwashing, thus threatening the entire market's credibility. Advances in business analytics research and practice hold the potential to untangle this complexity. This study aims to explore how one can engage with data to build the legitimacy of green bonds. In particular, we detail data-related needs, requirements, and challenges that are critical to take into account for designing relevant and effective information system artifacts that will support green bond markets. Through focus groups, interviews, and secondary data analysis, we identify capturing, contextualizing, and communicating green impact as core activities for bond issuers toward ensuring legitimacy for their green bonds. Based on these findings, we outline future research avenues and propose an initial set of research questions for the business analytics and, more broadly, information systems community.
https://aisel.aisnet.org/hicss-56/os/org_issues_in_bi/4