Emerging economies endeavor to achieve a green economy by realizing their potential for sustainable commercial success. Due to natural resource restrictions, businesses must concentrate on green investment, financing, and resources to promote sustainable company performance. To better understand how to implement corporate social responsibility (CSR) and sustainable company performance, this study looks at the effect of green financing and investment. The study used quantitative research techniques through primary and secondary data sources from Indonesia’s 238 sampled international chemical companies. Additionally, a standardized questionnaire was employed in this study to gather data. The study used Smart-PLS and a structural equation model (SEM) to examine the data gathered and determine the relationship between green investment, green financing, CSR, and sustainable business performance. The study shows that green investments and financing significantly and favorably affect CSR and sustainable performance. Additionally, it was found that CSR significantly mediates green investment and green financing with sustainable business performance relationships. This work added to the body of literature and emphasized the significance of each construct. The study’s conclusions also suggested that highly polluting chemical businesses should incorporate green financing, investment, and CSR to improve sustainable economic performance.

This research aims to examine the impact of Corporate Social Responsibility (CSR) on the financial performance of highly polluted national and international companies in Indonesia. Additionally, the study explores the role of industry competitiveness in mediating the relationship between CSR dimensions and financial performance. The research employed a quantitative methodology and collected data from 238 company respondents using primary and secondary sources. Partial least square structural equation modeling (PLS-SEM) was used to analyze the data and establish significant relationships between the variables. The results indicate that both CSR dimensions and industry competitiveness have a substantial impact on financial performance. Specifically, CSR’s economic, environmental, and social dimensions positively and significantly affect financial performance. Furthermore, industry competitiveness significantly mediates between corporate social responsibility (CSR) and financial performance. These findings provide empirical and theoretical insights for improving CSR measures and financial performance in heavily polluted industries. Companies should actively pursue CSR initiatives and increase industry competitiveness to enhance financial performance sustainably.

This study aims to analyze the mechanism of corporate responsibility for financial performance in the basic and chemical industries in Indonesia from 2016 to 2020. Independent variable of corporate social responsibility; the dependent variable is financial performance with 3 variables namely net profit margin, return on assets and return on equity. for this study the authors also add mediating variables and control variables, there are 2 mediating variables namely economic development and industrial competition, regarding control variables namely Sales Sales, Earnings Per Share and the last is Earnings Before Interest and Taxes. This study took data on basic and chemical industry companies that had carried out corporate social responsibility on the Indonesia Stock Exchange from 2016 to 2020. The selection of research samples was based on a purposive sampling method. The population used in this study is all sectors of basic industry and chemicals listed on the Indonesia Stock Exchange (Indonesia Stock Exchange or IDX), with a total of 75 companies. Through empirical analysis, we can understand that Corporate Social Responsibility can have a positive impact on financial performance, and we can also understand that GDP and market share have a significant role in driving Corporate Social Responsibility on financial performance. The effect of Corporate Social Responsibility mediation on financial performance is more significant. Finally, Operating Income, Earnings Per Share, and Sales Revenue are not significant enough as control variables for financial performance.