Analysis on Correlation between Climate Change Management Performance and Financial Performance of Companies

Abstract

Based on a survey investigating companies' action for climate change, we analyzed their performance in addition to their financial information. Then, we analyzed a correlation between companies' financial performance and their climate change management performance and did multiple regression analysis so as to prove that climate change management is no longer a cost for companies but a benefit. Each analysis was conducted on Japanese, United States and United Kingdom companies. We could see that climate change management performance was positively correlated with their financial performance, and that it was affected by the national situation.