Doaa Emam, Hela Borgi, Noha Alessa, Khaldoon Albitar
{"title":"Environmental, Social, and Governance Ratings in the United Kingdom: Do Eco-Innovation and Environmental Training Program Matter?","authors":"Doaa Emam, Hela Borgi, Noha Alessa, Khaldoon Albitar","doi":"10.1002/csr.3134","DOIUrl":null,"url":null,"abstract":"<div>\n \n <p>This study examines the impact of eco-innovation and environmental training programs on corporate environmental, social, and governance (ESG) ratings in the United Kingdom (UK). The sample includes 1251 firm-year observations from the London Stock Exchange between 2016 and 2021. Utilizing various regression models, our findings show that both eco-innovation and environmental training programs significantly enhance corporate ESG ratings in the UK. Further analysis reveals that these programs are crucial drivers of ESG ratings, regardless of firm performance. These results have important implications for policymakers and governments, highlighting the need for action plans to support companies, both practically and financially, in adopting environmental innovations and green training initiatives for their employees.</p>\n </div>","PeriodicalId":48334,"journal":{"name":"Corporate Social Responsibility and Environmental Management","volume":"32 3","pages":"3576-3589"},"PeriodicalIF":8.3000,"publicationDate":"2025-02-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Corporate Social Responsibility and Environmental Management","FirstCategoryId":"91","ListUrlMain":"https://onlinelibrary.wiley.com/doi/10.1002/csr.3134","RegionNum":2,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q1","JCRName":"BUSINESS","Score":null,"Total":0}
引用次数: 0
Abstract
This study examines the impact of eco-innovation and environmental training programs on corporate environmental, social, and governance (ESG) ratings in the United Kingdom (UK). The sample includes 1251 firm-year observations from the London Stock Exchange between 2016 and 2021. Utilizing various regression models, our findings show that both eco-innovation and environmental training programs significantly enhance corporate ESG ratings in the UK. Further analysis reveals that these programs are crucial drivers of ESG ratings, regardless of firm performance. These results have important implications for policymakers and governments, highlighting the need for action plans to support companies, both practically and financially, in adopting environmental innovations and green training initiatives for their employees.
期刊介绍:
Corporate Social Responsibility and Environmental Management is a journal that publishes both theoretical and practical contributions related to the social and environmental responsibilities of businesses in the context of sustainable development. It covers a wide range of topics, including tools and practices associated with these responsibilities, case studies, and cross-country surveys of best practices. The journal aims to help organizations improve their performance and accountability in these areas.
The main focus of the journal is on research and practical advice for the development and assessment of social responsibility and environmental tools. It also features practical case studies and evaluates the strengths and weaknesses of different approaches to sustainability. The journal encourages the discussion and debate of sustainability issues and closely monitors the demands of various stakeholder groups. Corporate Social Responsibility and Environmental Management is a refereed journal, meaning that all contributions undergo a rigorous review process. It seeks high-quality contributions that appeal to a diverse audience from various disciplines.