This table presents descriptive statistics on environmental disclosure scores and environmental performance measures by industry. Descriptive statistics present means
(medians) and ranges (min–max) below.presents disclosures scores for firms that chose to provide discretionary disclosures (i.e., ‘‘disclosing’’ firms) on their
environmental performance (N= 122 firms). The scale for each category of disclosure items is presented in brackets.Panel Bpresents environmental performance
measures for the full sample, i.e., ‘‘disclosing’’ firms and ‘‘silent’’ firms (N= 191 firms). TRI/Sales is toxics release inventory data (in pounds) divided by total sales (in
thousands). Percent recycled is toxic waste treated or recycled divided by total waste generated by firm