A Quantitative Exploration of the Correlations and Effects between Sustainability and Profitability

The purpose of this study is to examine the correlations and effects between sustainability and profitability in a view point of systematic circulation. 86 cases of the Dow Jones Sustainability World Indexes are assessed of its associations and effects of sustainability performance with the accounting base of profitability. Various quantitative tools are applied to test the causal relationships in a precedent position over time. The outcomes reiterate the existence of correlations between sustainability and profitability contemporary though it may be inconsistent; there are positive effects of sustainability upon profitability within the same period as well and yet the time-series’ effects between the twos remain insignificant . Influences of industrial nature and firm sizes upon sustainability development are also being tested to waive the concerns of possible impact on the sustainability development.