An Assessment of Compulsory Environmental Reporting by Listed Hotels in Mauritius

Abstract

In 2016, the new Mauritius Code of Corporate Governance has made it mandatory for public interest entities to disclosure some environmental information in their annual reports. Five years following the entry into force of this new Code, this research aims at firstly assessing the level of environmental reporting by hotels listed on the stock exchange of Mauritius, secondly investigating the relationship between environmental reporting and financial performance of these hotels and lastly, assessing the impact of these hotels’ attributes on environmental reporting measured by their size, multinational characteristics and certification. Both qualitative and quantitative research methods will be adopted. In particular, data on each listed hotels’ environmental reporting and financial performance will be taken from their annual reports for the years 2017 to 2021 and some statistical tests will be performed on these data. The findings of this research will be of use for all organisations across the tourism and hospitality industry that intend to adopt environmental or other ESG measures. These research findings may also be of help to academics, policymakers, organisations and investors to promote eco-friendly behaviour and in turn, sustainable economic development.

Keywords

• corporate governance
• environmental reporting in mauritius
• financial performance and environment
• hotels and environmental reporting