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

Changes in environmental performance and liquidity conditions can affect the profitability of manufacturing companies. This study aims to analyze the effect of Greenhouse Gas Emission Intensity and Current Ratio on Return on Assets at PT Unilever Indonesia Tbk for the period 2015–2024. The study uses a quantitative descriptive associative approach. The population and sample are financial reports and sustainability reports of PT Unilever Indonesia Tbk for 2015–2024 with a purposive sampling technique, resulting in 10 observations. Secondary data were analyzed using descriptive statistics, classical assumption tests, multiple linear regression, correlation, coefficient of determination, t-test, and F-test. The results show that Greenhouse Gas Emission Intensity has a positive and significant effect on ROA (t = 3.886; p = 0.006), while Current Ratio also has a positive and significant effect (t = 6.772; p < 0.001). Simultaneously, both variables have a significant effect on ROA (F = 64.254; p < 0.001; R² = 0.948). In conclusion, variations in ROA can be strongly explained by emission intensity and liquidity

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