Abstract

The purpose of this study is to examine the influence of the Sustainable Development Goals (SDGs) on firm performance. The study examines the SDG coverage of international firms in six industries listed in the Corporate Knights’ Index, including banking, insurance, petroleum refineries, real estate investment and services, and investment services. Through a content analysis approach, the annual and sustainable reports of these firms for the year 2020 were used to extract financial and SDG information, respectively. The findings indicate that SDG coverage has no effect on firm performance. The results also show that SDGs 5, 8, and 13 appear to be the most widely adopted SDGs by companies from all industries, while SDGs 2, 6, and 14 tend to be the least focused on of all SDGs. This study can assist regulators and investors in better understanding the role of SDGs in achieving an organization’s success.

Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.