ABSTRACT. The purpose of this study was to empirically examine corporate environmental performance, climate change mitigation, and green innovation behavior in sustainable finance. Building my argument by drawing on data collected from Barclays, CPI, FiBraS, Finance Watch, GABV, GIZ, KPMG, LAB, Mission 2020, and UK Finance, I performed analyses and made estimates regarding the financial shift to net-zero emissions and climate-resilient growth. Descriptive statistics of compiled data from the completed surveys were calculated when appropriate. This survey employs statistical weighting procedures to clarify deviations in the survey sample from known population features, which is instrumental in correcting for differential survey participation and random variation in samples. Results are estimates and commonly are dissimilar within a narrow range around the actual value. The data was weighted in a multistep process that accounts for multiple stages of sampling and nonresponse that occur at different points in the survey process. The precision of the online polls was measured using a Bayesian credibility interval. Confirmatory factor analysis was employed to test for the reliability and validity of measurement instruments.
JEL codes: H23; H25; O13; P28; Q56

Keywords: sustainable finance; corporate environmental performance; climate change

How to cite: Ionescu, L. (2021). “Corporate Environmental Performance, Climate Change Mitigation, and Green Innovation Behavior in Sustainable Finance,” Economics, Management, and Financial Markets 16(3): 94–106. doi: 10.22381/emfm16320216.

Received 10 April 2021 • Received in revised form 12 September 2021
Accepted 13 September 2021 • Available online 18 September 2021