Short-Term Costs and Long-Term Benefits of Environmental, Social, and Governance Performance on Corporate Credit Ratings
Ertunç Ererdi · Elif Güneren Genç
International Journal of Finance & Banking Studies · 2025 · Vol. 14 / Issue 1 · 90-97
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Abstract
ESG (Environmental, Social and Corporate Governance) criteria are becoming increasingly important for companies to activate risk management and create long-term value within the framework of issues such as environmental concerns, expectations, reporting obligations, circular economy, regulatory compliance and investment demands. This study aims to explain how ESG scores and a company's financial performance affect credit risk. A company's ESG performance plays an important role in determining its credit score, which is directly reflected in its financial success and risk profile, and in strategic decision-making processes for investors and policy makers. The study determined that the balance between ESG performance and credit scores should be well understood, especially that high ESG scores may not always mean low financial risk, and that the long-term benefits of ESG investments should be well understood, as they will increase short-term costs.
Keywords: {'name': 'ESG'}, {'name': 'Credit Rating'}, {'name': 'Financial Risk'}
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Ertunç Ererdi
Affiliation not supplied
Elif Güneren Genç
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