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Transformative Impacts of Green Finance on Co2 Emissions and Bank Stability

Table 2: Correlation between variables

Z – ROA Z – ROE CO2 GF OQ BS CR LR
Z – ROA 1.000
Z - ROE -0.226 1.0000
CO2 -0.118 -0.1241 1.0000
OQ -0.023 -0.1782 0.4163 1.0000
GF -0.089 -0.0284 0.6718 0.2535 1.0000
BS 0.435 -0.0998 0.1345 0.1451 0.0595 1.0000
CR 0.247 0.0817 -0.4338 -0.2669 -0.1491 -0.1629 1.0000
LR -0.059 -0.1574 0.4508 0.3414 0.1324 -0.0269 -0.8723 1.0000
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