The Effect of ESG Disclosure on the Financial Performance of UAE Banks

This paper aims to examine the impact of Environmental, Social, and Governance (ESG) performance on the financial performance of UAE banks. The sample includes UAE banks over the period 2014-2019. The data show that the ESG performance is increasing over time. In addition, the empirical results reveal that ESG performance has a positive and significant impact on banking financial performance. This study can be valuable to UAE banks to better determine the factors that directly influence their profitability to examine any present inefficiencies in their environmental and governance approaches. They can therefore examine the nature of these activities to see how they can effectively gear them to generate more profit in the future while at the same time being social, ethical, and sustainable