Investment Performance in Green Finance: Assessing the Impact of Environmental Social and Governance Integration

Abstract

Stakeholder groups raise concerns regarding corporate commitment to climate change issues, as climate change is a big global problem. The impact of eco-innovation and climate governance on business climate change commitment is examined in this research. The pressure on manufacturing companies to become more ecologically conscious or "greener" is growing. This study investigates the function of comprehensive quality management and its impact on corporate sustainability, drawing on the resource-based view and sustainable development theory. This research also concentrated on the function of green innovation as a mediator. The intensity of eco-innovation, determined by dividing environmental expenses over revenues, is a score derived from the Eikon database indicating a company's ability to cut environmental costs. We also discover a positive correlation between climate change commitment and governance. We contend that businesses can mitigate climate change risks and possibilities by incorporating climate change problems into governance. According to our empirical research, managers and politicians should encourage the deployment of eco-innovative technology and include climate change issues in governance to increase business commitment to climate change.