Do Biodiversity Disclosures Translate Into Corporate Green Excellence? Exploring From CEO Global Experience Within Sustainable‐Oriented Agreement

Referring to the IPBES Global Assessment on Biodiversity and Ecosystem Services report, global companies have been challenged by calls for global protection of biodiversity and nature. Companies play a crucial role in communicating their protection activities. Therefore, this study aims to examine the effect of biodiversity disclosure on corporate green excellence by considering the moderating role of CEO global exposure. To test empirically, this study used a sample of 26,232 firm‐year observations from the Top World's Most Sustainable Companies for the period 2018–2023, using a panel data regression approach. This study found that companies that practice biodiversity disclosure are associated with higher corporate green excellence. In addition, the moderating role of CEO global exposure also strengthens the influence of biodiversity disclosure practices on corporate green excellence. This study is expected to contribute practically and theoretically to the development of literature and governance. Companies are also expected to provide best‐practice guidelines related to biodiversity practices, thus positively influencing the sustainability ecosystem and green excellence.