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Chemical Industry Corporate Sustainability Financial Performance Relationship Review

Author

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  • AyÅŸe Ä°pek Sarıkabadayı

    (Ä°stanbul Ticaret Ãœniversitesi)

  • Ä°smet Kahraman Arslan

Abstract

The research examines the relationship between international sales and ESG (Environmental, Social and Governance) data from various perspectives. First, it is emphasized that compliance with ESG criteria is a prerequisite for entering international markets, especially in regions with strict regulations such as the European Union. By improving their ESG performance, companies reach a wider customer base and gain a competitive advantage. Consumers' interest in environmentally friendly and socially responsible products makes companies with high ESG performance more attractive, which attracts the attention of international investors and supports growth strategies. In the chemical sector, the importance of ESG performance is increasing as an area where environmental impacts must be considered. Companies comply with international regulations by reducing natural resource consumption and greenhouse gas emissions, and this provides an advantage in entering the market. The research also examines the relationship between ESG data and the value of company shares; it is stated that companies with strong ESG performance develop long-term value creation strategies and that this situation can increase market value. In addition, by analyzing the relationship between EBITDA and ESG data, it is concluded that environmentally sustainable practices can increase profitability by reducing costs. As a result, compliance with ESG criteria helps companies gain a better reputation in international markets and increase their profitability.

Suggested Citation

  • AyÅŸe Ä°pek Sarıkabadayı & Ä°smet Kahraman Arslan, 2025. "Chemical Industry Corporate Sustainability Financial Performance Relationship Review," Eurasian Academy Of Sciences Social Sciences Journal, Eurasian Academy Of Sciences, vol. 60(60), pages 125-147, February.
    • Handle: RePEc:eas:journl:v:60:y:2025:i:60:p:125-147
    DOI: 10.17740/eas.soc.2025.V60.08
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    References listed on IDEAS

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    1. Andreas Christofi & Petros Christofi & Seleshi Sisaye, 2012. "Corporate sustainability: historical development and reporting practices," Management Research Review, Emerald Group Publishing Limited, vol. 35(2), pages 157-172, January.
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    3. Andreas Christofi & Petros Christofi & Seleshi Sisaye, 2012. "Corporate sustainability: historical development and reporting practices," Management Research Review, Emerald Group Publishing Limited, vol. 35(2), pages 157-172, January.
    4. Kirankumar S. Momaya, 2020. "Return from COVID-19: Thinking Differently About Export Competitiveness and Sustainability," International Journal of Global Business and Competitiveness, Springer, vol. 15(1), pages 1-9, June.
    5. Andreas Christofi & Petros Christofi & Seleshi Sisaye, 2012. "Corporate sustainability: historical development and reporting practices," Management Research Review, Emerald Group Publishing Limited, vol. 35(2), pages 157-172, January.
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