ESGFINANCIADATA
IBA FINAL PROJECT Author BALAKRISHNAN C ESG Performance Growth of Indian Companies Introduction: ESG and Company Performance Growth In recent years, Environmental, Social, and Governance (ESG) practices have become a critical dimension of corporate strategy and financial performance. Investors, regulators, and consumers are increasingly evaluating companies not only on traditional financial metrics, but also on their sustainability commitments and ethical governance. Among the ESG factors, carbon emissions and energy efficiency play a central role in determining a firm’s operational efficiency, risk exposure, and long-term growth potential. This study examines how ESG-related variables such as carbon emissions and energy consumption affect two key measures of financial performance: Return on Assets (ROA) , which captures operational profitability, and Return on Equity (ROE) , which reflects shareholder returns. By combining regressi...