NEXUS BETWEEN SUSTAINABILITY REPORTING AND FINANCIAL PERFORMANCE

Abstract

This research investigates the impact of sustainability reporting on commercial banks' performance listed on the Pakistan Stock Exchange (PSX) 100 Index. Shareholder and Legitimacy theory guides the theoretical framework used in this research. The data is gathered from the financial statements of Pakistan's commercial banks from 2000-2022. A Simple regression technique is used to test the hypotheses. The findings suggest that sustainable reporting significantly influences the financial performance of banks in Pakistan. It means that using sustainable financial reporting helps the banks generate more profit in Pakistan—specifically, helps achieve the eight Sustainable Development Goals, i.e., decent work and economic growth.