Figure 1
The first graph at the top is titled “E S G Scores Across Bank Types with Variability (S D).” The horizontal axis is labeled “Bank Type” and has markings from left to right, including: J S C Bs, L S C Bs, U C Bs, and R C Bs. The vertical axis is labeled “E S G Score” and has markings ranging from 0.55 to 0.85 in increments of 0.05 units. The graph shows a line curve labeled “Mean E S G Score” that begins from (J S C B s, 0.749) and slopes down to the lower right, passing through the points (L S C Bs, 0.736), (U C Bs, 0.72), and (R C Bs, 0.66). A shaded area labeled “plus or minus 1 S D” is depicted around the curve that spans from (J C Bs, 0.72) and (J S C Bs, 0.784) to (R C Bs, 0.633) and (R C Bs, 0.70). The second graph is titled “E S G Score Distribution Across Bank Types.” The horizontal axis is labeled “Bank Type” and has markings from left to right, including: Joint Stock (J S C Bs), State-Controlled (L S C Bs), Urban (U C Bs), and Rural (R C Bs). The vertical axis is labeled “E S G Score” and has markings ranging from 0.55 to 0.85 in increments of 0.05 units. The graph shows box plots in each marking of the horizontal axis. The data from the graph is as follows: Joint Stock (J S C Bs): Lower quartile: 0.735. Median: 0.746. Upper quartile: 0.766. The whisker ranges from 0.689 to 0.809. State-Controlled (L S C Bs): Lower quartile: 0.695. Median: 0.738. Upper quartile: 0.764. The whisker ranges from 0.635 to 0.847. Urban (U C Bs): Lower quartile: 0.688. Median: 0.73. Upper quartile: 0.762. The whisker ranges from 0.626 to 0.845. Rural (R C Bs): Lower quartile: 0.64. Median: 0.67. Upper quartile: 0.68. The whisker ranges from 0.59 to 0.72. Multiple outliers labeled “Mean” are clustered in the whiskers. Additionally, an outlier is depicted at (Urban (U C Bs), 0.57). The first graph at the top is a violin plot titled “Density Distribution of E S G scores.” The horizontal axis is labeled “Bank Type” and has markings from left to right, including: J S C Bs, L S C Bs, U C Bs, and R C Bs. The vertical axis is labeled “E S G Score” and has markings ranging from 0.55 to 0.85 in increments of 0.05 units. The data from the graph is as follows: J S C Bs: Spans between 0.75, 0.83, 0.75, and 0.65, with a dashed horizontal line at 0.745, and two horizontal dotted lines at 0.729 and 0.768. L S C Bs: Spans around 0.75, 0.89, 0.75, and 0.55, with a dashed horizontal line at 0.739, and two horizontal dotted lines at 0.699 and 0.772. U C Bs: Spans around 0.70, 0.88, 0.70, and 0.55, with a dashed horizontal line at 0.72, and two horizontal dotted lines at 0.685 and 0.751. R C Bs: Spans around 0.67, 0.75, 0.67, and 0.578, with a dashed horizontal line at 0.67, and two horizontal dotted lines at 0.646 and 0.69. Note: All numerical values are approximated.ESG variation across banks nature. Source: Authors’ own work