The paper measures the impact of sustainable finance on financial performance and tests the moderating effect of ESG risk ratings. A total of 300 companies were analysed based on selected variables. We found that the moderated ESG risk ratings were strongest for companies with the lowest total revenue than those with the highest total revenue.

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The Impact of Sustainable Environmental Financing Practices on Financial Returns and the Moderating Role of ESG Impact Investing Risk Ratings

  • Mohd Yaziz Bin Mohd Isa,
  • Zulkifflee Bin Mohamed

摘要

The paper measures the impact of sustainable finance on financial performance and tests the moderating effect of ESG risk ratings. A total of 300 companies were analysed based on selected variables. We found that the moderated ESG risk ratings were strongest for companies with the lowest total revenue than those with the highest total revenue.