The Effect of Greenhouse Gas Emission Intensity and Liquidity on Profitability at PT Unilever Indonesia Tbk for the Period 2015-2024

Lindra Anggara; Endang Puji Astutik

doi:10.61536/escalate.v4i3.743

Authors

Lindra Anggara Pamulang University
Endang Puji Astutik Pamulang University

DOI:

https://doi.org/10.61536/escalate.v4i3.743

Keywords:

Greenhouse Gas Emission Intensity, Current Ratio, Return On Assets

Abstract

This Study aims to determine the effect of Greenhouse Gas Emission Intensity and liquidity as measured by the Current Ratio (CR) on profitability as measured by Return On Assets (ROA) at PT Unilever Indonesia Tbk for the 2015-2024 period. The method used is quantitative with a descriptive-associative approach. The research population consists of the sustainability reports and financial statements of PT Unilever Indonesia Tbk for the 2015-2024 period, with samples including emission intensity reports, income statements, and statements of financial position over 10 years. Data analysis uses descriptive statistical tests, classic assumption tests, multiple linear regression tests, correlation coefficient tests, coefficient of determination tests, and hypothesis testing using SPSS Software version 20. The results show that partially, Greenhouse Gas Emission Intensity has a positive and significant effect on ROA (t-count 3.886 > t-table 2.36462; sig. 0.006 < 0.05). Current Ratio also has a positive and significant effect on ROA (t-count 6.772 > t-table 2.36462; sig. 0.000 < 0.05). Simultaneously, Greenhouse Gas Emission Intensity and Current Ratio have a significant effect on ROA (f-count 64,254 > f-table 4,74; sig. 0.000 < 0.05). The R Square value of 0.948 indicates that both variables contribute 94.8% to ROA, while the remaining 5.2% is influenced by other factors.

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