The Influence of Green Taxes on Corporate Social Responsibility (CSR) and Sustainable Development of Listed Oil and Gas Firm in Nigeria

This study investigates the influence of green taxes on Corporate Social Responsibility (CSR) and sustainable development among listed oil and gas firms in Nigeria. Utilising a purposive sampling method, primary data were collected through a structured questionnaire administered to 40 respondents, selected as five representatives from each of the eight firms. The research employed descriptive statistics, correlation analysis, and multiple regression techniques to analyse the data. The findings reveal a moderate positive perception of green tax policies, with green taxes significantly influencing CSR practices (β = 0.474, p < 0.001) and sustainable development outcomes (β = 0.450, p = 0.002). The models accounted for 31% and 23% of the variance in CSR and sustainable development, respectively. These results underscore the role of environmental fiscal policies in incentivising responsible corporate behaviour and promoting sustainable development within the oil and gas sector. The study recommends that both government and corporate leaders strengthen the implementation of green tax measures and integrate these policies into strategic planning to achieve enhanced environmental performance and sustainable growth.