The Influence of Environment, Social and Governance (ESG) Activities on Bank Performance in ASEAN

Abstract

This study aims to determine the effect of environmental, social, and governance activities on bank performance in ASEAN. Indication of bank performance measurement can be seen from Return on Asset (ROA). Meanwhile, the measurement of environmental, social, and governance activities is done through environmental scores, social scores, and governance scores. This type of research is descriptive quantitative, which is descriptive research with a quantitative approach. The data used in this research is secondary data for the period 2018- 2022 which comes from the Refinitiv website. The analysis method used is panel data regression analysis. The results showed that environmental activities had a negative and insignificant effect on bank performance. Social activities have a negative and significant effect on bank performance. Governance activities have a negative and insignificant effect on bank performance.