The Impact of Corporate Carbon Footprint on Financial Performance of Manufacturing Industry in Malaysia

Environmental sustainability has become a key concern for businesses worldwide, with expectations for them to take responsibility for their carbon emissions and environmental effects. The current study predominantly focuses on the energy sector, with less attention given to manufacturing in Malaysia...

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Main Author: Khairunnisa, Ibrahim
Format: Thesis
Language:English
Published: UNIMAS 2024
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Online Access:http://ir.unimas.my/id/eprint/46230/3/Khairunnisa%20ft.pdf
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spelling my.unimas.ir-462302024-10-25T07:02:54Z http://ir.unimas.my/id/eprint/46230/ The Impact of Corporate Carbon Footprint on Financial Performance of Manufacturing Industry in Malaysia Khairunnisa, Ibrahim HG Finance Environmental sustainability has become a key concern for businesses worldwide, with expectations for them to take responsibility for their carbon emissions and environmental effects. The current study predominantly focuses on the energy sector, with less attention given to manufacturing in Malaysia. Reducing carbon emissions is critical for businesses due to both regulatory pressures and market expectations. Companies that proactively decrease emissions often see improved financial performance through greater sales, better access to finance, and increased efficiency. This study aims to provide significant insights into the sustainability practices of corporations and their influence on financial performance. Companies listed on Bursa Malaysia were chosen as the sample data in this study to evaluate and investigate the relationship between carbon footprint and financial performance. Approximately 18.97%, 269 of respondents are willing to disclose their carbon footprint information, suggesting a relatively low level of carbon footprint reporting. The results of the random effects model indicate that the null hypotheses for Return on Assets (ROA), Return on Equity (ROE), and Return on Investment (ROI) are accepted. The policymakers should provide incentives for investment in green technology and enact strict regulations to encourage more companies to engage in carbon reporting. Keywords: Corporate Carbon Footprint, Financial Performance, Sustainability, Environmental Impact. UNIMAS 2024-10 Thesis NonPeerReviewed text en http://ir.unimas.my/id/eprint/46230/3/Khairunnisa%20ft.pdf Khairunnisa, Ibrahim (2024) The Impact of Corporate Carbon Footprint on Financial Performance of Manufacturing Industry in Malaysia. DBA thesis, UNIMAS.
institution Universiti Malaysia Sarawak
building Centre for Academic Information Services (CAIS)
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Malaysia Sarawak
content_source UNIMAS Institutional Repository
url_provider http://ir.unimas.my/
language English
topic HG Finance
spellingShingle HG Finance
Khairunnisa, Ibrahim
The Impact of Corporate Carbon Footprint on Financial Performance of Manufacturing Industry in Malaysia
description Environmental sustainability has become a key concern for businesses worldwide, with expectations for them to take responsibility for their carbon emissions and environmental effects. The current study predominantly focuses on the energy sector, with less attention given to manufacturing in Malaysia. Reducing carbon emissions is critical for businesses due to both regulatory pressures and market expectations. Companies that proactively decrease emissions often see improved financial performance through greater sales, better access to finance, and increased efficiency. This study aims to provide significant insights into the sustainability practices of corporations and their influence on financial performance. Companies listed on Bursa Malaysia were chosen as the sample data in this study to evaluate and investigate the relationship between carbon footprint and financial performance. Approximately 18.97%, 269 of respondents are willing to disclose their carbon footprint information, suggesting a relatively low level of carbon footprint reporting. The results of the random effects model indicate that the null hypotheses for Return on Assets (ROA), Return on Equity (ROE), and Return on Investment (ROI) are accepted. The policymakers should provide incentives for investment in green technology and enact strict regulations to encourage more companies to engage in carbon reporting. Keywords: Corporate Carbon Footprint, Financial Performance, Sustainability, Environmental Impact.
format Thesis
author Khairunnisa, Ibrahim
author_facet Khairunnisa, Ibrahim
author_sort Khairunnisa, Ibrahim
title The Impact of Corporate Carbon Footprint on Financial Performance of Manufacturing Industry in Malaysia
title_short The Impact of Corporate Carbon Footprint on Financial Performance of Manufacturing Industry in Malaysia
title_full The Impact of Corporate Carbon Footprint on Financial Performance of Manufacturing Industry in Malaysia
title_fullStr The Impact of Corporate Carbon Footprint on Financial Performance of Manufacturing Industry in Malaysia
title_full_unstemmed The Impact of Corporate Carbon Footprint on Financial Performance of Manufacturing Industry in Malaysia
title_sort impact of corporate carbon footprint on financial performance of manufacturing industry in malaysia
publisher UNIMAS
publishDate 2024
url http://ir.unimas.my/id/eprint/46230/3/Khairunnisa%20ft.pdf
http://ir.unimas.my/id/eprint/46230/
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score 13.211869