BANKING AFFAIRS

Detailed explanation-1: -Sustainable profitability for a business means that an organisation provides a service or product that is both profitable and environmentally friendly. Corporations that actively plan with climate change in mind secure an 18% higher return on investment (ROI) than companies that aren’t.

Detailed explanation-2: -(2021), size, credit quality, as well as liquidity are internal factors that have a significant positive impact on banks’ profitability. State-owned banks are more profitable than other banks because of their larger size, relatively high credit rating, and higher liquidity.

Detailed explanation-3: -Some scholars believed that the sustainability affect positively to financial performance (Ameer and Othman, 2012. (2012). Sustainability practices and corporate financial performance: A study based on the top global corporations. Journal of Business Ethics, 108(1), 61–79.

Detailed explanation-4: -Yes, the profitability and environmental sustainability of any organization can co-exist. When an organization makes a profit, it is its responsibility to take care of the environment and people from whom it is earning profit. For attaining this nowadays many corporations and government agencies are working together.