Hållbarhetsarbete och företagets lönsamhet : En kvantitativ studie om sambandet mellan det totala ESG-betyget ochlönsamhet för företag noterade på OMX Stockholm Large Cap

Sammanfattning: Background: Interest in CSR has increased among investors and other stakeholders. They usually require the company to work sustainably, which makes the incentive to invest in ESG activities greater. Legitimacy theory and stakeholder theory suggest that the overall ESG rating should have a positive impact on the company's profitability. However, there is no consensus among previous studies on whether there is a significant relationship between the overall ESG rating and profitability, which creates a research gap. Purpose: The purpose of this study is to investigate whether there is any significant relationship between the total ESG rating and profitability among the companies listed on the OMX Stockholm Large Cap. The study examines whether there is a significant relationship between the total ESG rating and profitability in the form of ROA and ROE. Method: The method used in this study is a quantitative method with a deductive approach. The data collection has been done using the Refinitiv Eikon database for the overall ESG rating and Retriever Business for ROA and ROE. The statistical program used in this study is Jamovi and this program is used to perform all statistical tests. A total of 113 companies are examined with data for the financial year 2022. Conclusion: The study's results answer the study's questions and no significant relationship between the ESG rating and profitability in the form of ROA and ROE is demonstrated. The result indicates a weak positive relationship between the ESG rating and profitability, but the relationship is not significant.