Green Disclosure Practices and Corporate Performance: A Predictive Indicator Model

Global warming and climate change have been the most challenging environmental problems the world is facing. This problem will affect the future of this planet which can be seen from different stances. Green disclosure refers to companies reporting their environmental impact, sustainability efforts, and eco-friendly initiatives. It aims to provide transparency about a company's commitment to environmental stewardship and its role in sustainable development. The study's three main goals are first, to examine the various theoretical frameworks that support green disclosure, giving readers a thorough understanding of the concepts, theories, and principles involved; second, to analyse and assess the green disclosure practices of a few chosen companies in the cement and automotive industries, showing how these sectors manage and report their environmental impact; and last, to develop a model that explains the significance of various green disclosure indicators, which will aid in evaluating and forecasting the environmental performance of companies. One-way ANOVA, correlation method, and neural network have been used to predict key indicators for the success or sound financial performance of the company. The result shows notable differences in the environmental disclosures made by the 26 companies chosen from the cement and automotive industries. The results imply that businesses with strong green disclosure policies vary from one another. Prediction of normalized importance material (GRI-1) found at the top priority with 80.4%, Biodiversity at 39.1%, and energy at 34.3% at second and third priority respectively