Environmental management and financial performance of Peruvian mining companies
DOI:
https://doi.org/10.5281/zenodo.17058006Keywords:
financial performance, environmental management, miningAbstract
This study examines the relationship between environmental management and financial performance of the main Peruvian mining companies during the 2017–2022 period. Given the growing pressure to adopt sustainable practices, it is analyzed whether the implementation of environmental strategies, evaluated by ESG indicators, correlates with favorable financial results, especially in terms of Roa, ROE and Ebitda margin. The investigation adopted a quantitative approach, with a relational, non -experimental, observational and longitudinal design. The intentional sample included four mining companies with data available in Bloomberg. Information collection focused on five key financial performance indicators and environmental sustainability. For statistical analysis, descriptive measures and correlations of Pearson were applied. The results reveal a marked heterogeneity among companies: Southern and Minsur demonstrated a positive relationship between environmental and financial performance; In contrast, volcano and Buenaventura showed a disconnection between both dimensions. It is concluded that the financial impact of environmental strategies depends on the degree of institutionalization of these strategies and their effective integration in the business model of each organization. Thus, sustainability should not only be an isolated practice, but a central component to achieve sustainable economic benefits in the mining sector.
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