Pengaruh Biaya Lingkungan Dan Kinerja Lingkungan Terhadap Laba Pada Perusahaan Pertambangan Di Bursa Efek Indonesia

Abstract

ABSTRACT

This study aims to analyze the effect of environmental costs and environmental performance on the profits of mining companies listed on the Indonesia Stock Exchange (IDX) during the 2018–2022 period. The study employs a descriptive quantitative approach using secondary data obtained from companies’ annual financial reports through documentation. The analysis examines the partial and simultaneous effects of each independent variable on company profits. The results indicate that environmental costs have a significant effect on company profits, whereas environmental performance does not have a significant effect on company profits. Simultaneously, environmental costs and environmental performance have a significant effect on the profits of mining companies listed on the Indonesia Stock Exchange during the observation period. These findings suggest that expenditures on environmental activities may be associated with company profitability, while environmental performance does not necessarily have a direct impact on profits within the observed period. Reporting environmental activities can serve as a means of conveying positive signals to stakeholders and strengthening trust in the company. Environmental costs can also be considered a long-term investment to support business sustainability and achieve optimal profitability.

Keywords: Environmental Costs; Environmental Performance; Company Profits.