| dc.description.abstract | This study investigates the relationship between climate policy uncertainty and
Environmental, Social, and Governance (ESG) performance in Australia from 2002 to
2023. The findings reveal a positive relationship between CPU and ESG performance.
Further analysis indicates that companies with greater financial flexibility and reduced
external financial dependence exhibit a stronger impact of CPU on ESG, suggesting that
firms are increasingly integrating ESG initiatives into their strategic responses to mitigate
the risks associated with climate policy uncertainty. Overall, my finding underscores the
role of financial resilience in enhancing the effectiveness of ESG strategies amid evolving
climate challenges | en_US |
