Drawing on a theoretical integration perspective, this research responds to the latest calls in sustainability accounting by comprehensively exploring the moderating roles of two board sub‐committees: the nomination committee and the risk management committee, in the relationship between corporate eco‐innovation and carbon performance. This study contributes to the current literature in sustainability accounting by utilizing panel data from non‐financial listed firms on the Australian Securities Exchange (ASX) for the period spanning from 2011 to 2022. To mitigate potential endogeneity bias, various econometric techniques, including instrumental variable modeling, were employed. The robust findings confirm a positive and statistically significant relationship between eco‐innovation and carbon emissions reduction. Moreover, both the nomination committee and the risk management committee emerge as significant moderators of this relationship. These empirical findings hold valuable practical, theoretical, and policy implications for diverse stakeholders seeking a comprehensive understanding of the role of board sub‐committees as effective monitoring tools that support corporate carbon performance by encouraging firms to actively embrace eco‐innovation practices. As a result, our evidence underscores the significance of giving due attention to board sub‐committees when configuring the board's structure and setting expectations for carbon reduction performance.

中文翻译：

---

董事会委员会作为催化剂：披露提名和风险管理对企业生态创新和碳绩效的影响


本研究以理论整合的视角，响应可持续发展会计的最新呼声，全面探讨提名委员会和风险管理委员会两个董事会下属委员会在企业生态创新与碳绩效关系中的调节作用。本研究利用澳大利亚证券交易所 (ASX) 2011 年至 2022 年期间非金融上市公司的面板数据，为可持续发展会计领域的当前文献做出了贡献。为了减轻潜在的内生性偏差，使用了各种计量经济学技术，包括工具变量模特，被雇用。强有力的研究结果证实了生态创新与碳减排之间存在统计学上显着的正相关关系。此外，提名委员会和风险管理委员会都是这种关系的重要调节者。这些实证研究结果对于寻求全面了解董事会小组委员会作为有效监测工具的作用的不同利益相关者具有宝贵的实践、理论和政策意义，这些工具通过鼓励企业积极拥抱生态创新实践来支持企业碳绩效。因此，我们的证据强调了在配置董事会结构和设定碳减排绩效期望时给予董事会下属委员会适当关注的重要性。