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1.
Impact of CSR, Green Finance and Green Innovation on Environmental Performance of Banks in India
Maryam Meraj, Mohammed Afzal, Manpreet Kaur, Jahangir Chauhan, 2025, original scientific article

Abstract: In an era of growing environmental challenges, the role of banks in promoting sustainability is critical. This study examines how Corporate Social Responsibility (CSR), green finance, and green innovation influence the environmental performance of Indian banks. Guided by legitimacy theory and the natural resource-based view, survey data from 379 bank employees were analysed using structural equation modelling. The results reveal that robust CSR initiatives, effective green finance practices, and innovative green strategies significantly enhance banks’ environmental performance. These findings contribute to theoretical understanding and offer practical insights for improving sustainability in the banking sector. The study recommends that banks in emerging economies strengthen internal resources by investing in CSR, adopting green finance, and fostering green innovation to boost environmental performance. Such efforts align with global sustainability goals, positioning banks as key players in environmentalprotection and responsible finance.
Keywords: corporate social responsibility, green finance, green innovation, environmental performance of banks, structural equation modelling
Published in RUP: 18.12.2025; Views: 951; Downloads: 10
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2.
Analysis of the Effect of Eco-Efficiency on Asset Return in Food and Beverage Manufacturing Companies Listed at the Johannesburg Stock Exchange
Dimakatso Hellen Malapa, Collins C. Ngwakwe, 2025, original scientific article

Abstract: This article examines the effect of eco-efficiency on corporate return on assets (ROA). The paper aimed to analyse whether corporate eco-efficiency performance (represented by energy consumption, water consumption, carbon emission and waste generation) affects the performance of ROA. Data on the eco-efficiency and ROA was collected from fourteen food and beverage companies listed in the Johannesburg Stock Exchange for a period of ten years (2012 to 2021). Using the STATA Software, the data was analysed by applying the Generalised Method of Moment (GMM) statistical technique, which enhanced the statistical analysis robustness. Findings from the GMM analysis showed different results. On the one hand, the results indicate that energy and water consumption in the food and beverage companies have a positive (but insignificant) effect on ROA. On the other hand, the results show that waste generation has a negative (but insignificant) effect on ROA; and that carbon emission has a negative and significant effect on ROA.
Keywords: environmental accounting, return on assets, financial performance, eco-efficiency, energy consumption, water consumption, carbon emission, waste generation, sales revenue
Published in RUP: 18.12.2025; Views: 885; Downloads: 8
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