Profitability as a Factor That Spurs Corporate Green Investment Practices in Johannesburg Stock Exchange (JSE) Listed Firms

Present studies show corporate reluctance and a lack of interest regarding stimulation towards green investment initiative. This paper investigated the association involving profitability and corporate green investment practices in 100 South African CDP companies on the JSE. Using, Chi-square tests, the outcomes of the test demonstrate that profitability influences green investment practices in these JSE listed firms. Furthermore, a positive direct correlation between profitability and green investment practices in these JSE listed firms was determined. The paper hence indicates that firms can experience improved performance (profitability) if green investment activities are integrated

Environmental Management Practices and Firm Performance in a South African Mining Firm

This paper examines the impact of environmental management practices on the financial performance of a South African mining firm. The major aim of this paper is to investigate whether such practices have a close relationship with the mining firm's financial performance (represented by return on equity [roe]). The approach is a case study of a South African mining firm listed under the socially responsible index (sri) of the Johannesburg Stock Exchange (jse). It uses Green-Steel sa (pseudonym used in place of the real name) as a case study. Using multiple regression statistics, the return on equity of Green-Steel sa is regressed on three environmental management practices of GreenSteel (carbon reduction, energy efficiency, and water usage). The result shows there is no significant relationship between the variables and this lends credence to information gathered from Green-Steel environmental reports that Green-Steel's environmental management practices are driven mostly by a desire to abide by regulations and also by a moral obligation to use environmental management practices to mitigate climate change impact