投资(军事)
持续性
样品(材料)
可持续发展
业务
能量(信号处理)
自然资源经济学
投资回报率
经济
宏观经济学
政治学
生产(经济)
统计
数学
政治
法学
生态学
化学
色谱法
生物
作者
Muhammad Atif,Md. Samsul Alam,Md. Shahidul Islam
摘要
Pollution reduction is one of the important challenges confronting contemporary business and society. Firms are largely responsible for undertaking sustainable business practices and initiatives as they are major contributors to global pollution. This study empirically examines how sustainable investment influences firm energy and carbon performance. Using a sample of 23,501 firm-year observations from 2440 unique firms over the period of 2002 to 2018 in G-6 countries (Canada, France, Germany, Japan, the United Kingdom, and the United States), we demonstrate that sustainable investment leads to better energy and carbon performance without compromising financial return. Our findings are robust to alternative variables, sub-samples, and different estimation techniques. This study contributes to the global discussion on sustainability and a low-carbon economy.
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