Open Access Open Access  Restricted Access Subscription or Fee Access

Sustainability movements, corporate green disclosure and financial performance

Nurul Afsar, Mohammad Imam Hasan Reza


Purpose- Theory of sustainable economic growth scripts the foundation for the conservation movement of planet Earth. Sustainable development, an extensively used notion, is an endeavor to combine mounting concerns of environmental issues with rapid socioeconomic progress. Typically, sustainability issue like corporate environmental disclosures (CED) connecting with corporate monetary performance is an intense trigger for the researcher for guiding, motivating, and suggesting policy designers in delineating sustainable goals and implementing strategies. The effect of the present anthropogenic actions on the ecosystems, societies, and environments of the forthcoming is sustainability anxiety, which ought to be mirrored in the deliberate planning of sustainable firms. Through adopting long-term application, a more comprehensive set of accountability aiming at ethical compliance, staffs, vicinities, and clients, such strategic objectives are operationalized.

Design/methodology/approach- In this paper, we have mapped a gradual evolution of the sustainability movement, their policy frameworks, and their drifts towards change, and the outcomes of changes. Further, to aid the policy-making, for taking ecologically sustainable strategies, we have explored the impact of corporate green disclosure activities on the financial performance of the corporate entities from the in effect literature. To develop an association between the sustainability practices of firms through CED and its applied impact on the firm’s economic performance, we have searched the relevant literature.

Findings- The findings show that the CED and fiscal performance varies on firms, industries, and countries and give a mixed result. However, due to the global green movements and increasing angst and awareness, the gaps are gradually dwindling and driving the issue towards saturation and institutionalization.

Originality/value- The article offers stimulating inferences for stakeholders that a desire for sustainability compliance through green management and environmental loyalty based on social, environmental, and human objectivity, may result in an optimistic inspiration on the firm’s economic performance.


Corporate environmental disclosures, Environmental monitoring, Financial performance, Green movements, Corporate strategy, Sustainability.

Full Text:


Disclaimer/Regarding indexing issue:

We have provided the online access of all issues and papers to the indexing agencies (as given on journal web site). It’s depend on indexing agencies when, how and what manner they can index or not. Hence, we like to inform that on the basis of earlier indexing, we can’t predict the today or future indexing policy of third party (i.e. indexing agencies) as they have right to discontinue any journal at any time without prior information to the journal. So, please neither sends any question nor expects any answer from us on the behalf of third party i.e. indexing agencies.Hence, we will not issue any certificate or letter for indexing issue. Our role is just to provide the online access to them. So we do properly this and one can visit indexing agencies website to get the authentic information. Also: DOI is paid service which provided by a third party. We never mentioned that we go for this for our any journal. However, journal have no objection if author go directly for this paid DOI service.