In 2006 China implemented the green credit policy that demands from banks to integrate sustainability considerations into their lending and investment processes. The goals of the policy are to incentivize the financial sector to finance the transformation into a greener economy and to create...

Purpose – This paper analyses the connection between the sustainability performance of Chinese banks and their financial indicators to explore whether sustainability regulations can be implemented without decreasing the financial performance of the banking sector.Design/methodology/approach...

This study examines the relationship between environmental, social, and corporate governance (ESG) and firm performance, with a focus on the impact of Buddhism. Our findings suggest the following: (1) The local Buddhism environment weakens the positive relationship between ESG and firm...