PENGARUH PENGUNGKAPAN ENVIRONMENTAL, SOCIAL, AND GOVERNANCE (ESG) TERHADAP KINERJA KEUANGAN BANK KONVENSIONAL YANG TERDAFTAR DI BURSA EFEK INDONESIA PERIODE 2021-2025

April Pitarieli Zega, Perlindungan Faebuadodo Hulu, Heniwati Gulo, Tiarni Duha

Abstract


ABSTRAK

Industri perbankan memiliki peran penting dalam mendukung perekonomian, sehingga kinerja keuangan menjadi salah satu indikator utama dalam menilai keberhasilan bank. Penelitian ini bertujuan untuk menganalisis dan mengukur pengaruh pengungkapan Environmental, Social, and Governance (ESG) terhadap kinerja keuangan bank konvensional yang terdaftar di Bursa Efek Indonesia (BEI) selama periode 2021–2025. Kinerja keuangan dalam penelitian ini diproksikan melalui tiga indikator rasio profitabilitas, yaitu Return on Assets (ROA), Return on Equity (ROE), dan Net Profit Margin (NPM), sedangkan pengungkapan ESG diukur melalui skor risiko ESG yang dipublikasikan oleh Sustainalytics. Penelitian menggunakan pendekatan kuantitatif eksplanatori dengan struktur data panel seimbang sebanyak 50 observasi, yang berasal dari sepuluh bank konvensional selama lima tahun pengamatan. Hasil penelitian menunjukkan bahwa skor ESG berpengaruh positif dan signifikan terhadap ketiga proksi kinerja keuangan, yaitu ROA, ROE, dan NPM.

ABSTRACT

The banking industry plays a crucial role in supporting the economy, making financial performance one of the key indicators for assessing a bank’s success. This study aims to analyze and measure the impact of Environmental, Social, and Governance (ESG) disclosures on the financial performance of conventional banks listed on the Indonesia Stock Exchange (IDX) during the 2021–2025 period. Financial performance in this study is proxied by three profitability ratios: Return on Assets (ROA), Return on Equity (ROE), and Net Profit Margin (NPM), while ESG disclosure is measured using the ESG risk score published by Sustainalytics. The study employs an explanatory quantitative approach using a balanced panel data structure comprising 50 observations, drawn from ten conventional banks over a five-year observation period. The results indicate that ESG scores have a positive and significant effect on all three financial performance proxies: ROA, ROE, and NPM.


References


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DOI: http://dx.doi.org/10.35906/equili.v15i2.2993

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