Table 4.

Factor matrix

FactorValueClass
Our board of directors is actively involved in overseeing ESG practices0.887Governance
We consider environmental sustainability when making business decisions0.878Environmental
We invest in employee training and development programs0.871Social
We measure the success of our social responsibility initiatives0.861Social
Our company operates with transparency and accountability0.838Governance
We engage with the local community through social responsibility initiatives0.750Social
We promote diversity and inclusion within our workforce0.750Social
We actively seek ways to reduce our company’s environmental footprint0.647Environmental
Our corporate governance code addresses ESG considerations0.548Governance
Note(s):

Extraction Method: Principal axis factoring

Source(s): Author’s own work

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