Conference Paper

Sustainability Reporting and Financial Performance of Listed Deposit Money Banks in Nigeria.

The study examined the effect of sustainability reporting on financial performance of listed deposit money banks in Nigeria over the period of 10 years (2016 – 2025). The study specifically quantified sustainability reporting with the use of corporate social responsibility disclosure and environmental accounting disclosure, while financial performance was proxy by return on assets. The study adopted ex-post facto research design, while secondary source of data through administration of annual reports and accounts of the selected deposit money banks in Nigeria was employed. Ten (10) listed deposit money banks in Nigeria were selected for the study. Descriptive statistics, correlation and linear regressions were the statistical tools used to analyze the data collected. The findings revealed that environmental accounting disclosure has positive and significant effect on return on assets (β = 0.040, p-value = 0.015 < 0.05), while corporate social responsibility disclosure has positive but insignificant effect on return on assets (β = 0.023, p-value = 0. .065 > 0.05) of the chosen listed deposit money banks in Nigeria. The study concluded that investors can rely on disclosure of environmental accounting disclosure, but cannot rely on corporate social responsibility disclosure in predicting the financial performance (return on assets) of the chosen banks in Nigeria. The study recommended that Nigerian government through its agencies should provide basis for meaningful evaluation and measurement of both social and environmental impacts in the areas of operations. Keywords: Corporate Social Responsibility, Environmental Accounting, Financial, Performance, Return on Assets, and Sustainability Reporting