Jurnal Pendidikan Ekonomi & Bisnis
Vol. 13 No. 01 (2025): Jurnal Pendidikan Ekonomi & Bisnis (DOAJ & SINTA 2 Indexed)-In press

Predicting Financial Outcomes from Environmental Costs in Shariah Green Accounting

Suginam (Unknown)
Siregar, Saparuddin (Unknown)
Nurlaila (Unknown)
Silalahi, Alistraja Dison (Unknown)



Article Info

Publish Date
21 Apr 2025

Abstract

This study aims to explore the relationship between environmental costs and financial performance in the Islamic finance sector using advanced machine learning techniques. By integrating CSR Expenditure, Energy Consumption, and Carbon Emissions as environmental factors, the research applies Gradient Boosting, XGBoost, and Artificial Neural Networks (ANN) to predict Retail Banking Revenue, Wholesale Banking Revenue, and Third-Party Funds. The objective is to evaluate how sustainability practices impact financial outcomes, using an innovative approach that combines economic modeling with computer-based prediction. The findings reveal that Gradient Boosting outperforms other models, demonstrating strong predictive accuracy, especially for Third-Party Funds and Wholesale Banking Revenue. XGBoost also provides valuable insights, while ANN struggles with overestimations, indicating the need for further optimization. This research underscores the growing significance of environmental sustainability in shaping financial performance and provides a computational framework for financial institutions and policymakers to assess the impact of green accounting on economic growth.

Copyrights © 2025






Journal Info

Abbrev

jpeb

Publisher

Subject

Economics, Econometrics & Finance Education

Description

Jurnal Pendidikan Ekonomi & Bisnis ISSN: 2302-2663 is a research-based journal published by Faculty of Economics, Universitas Negeri Jakarta, Indonesia. The journal published two times per year in March and October. This journal started publishes since 2013. The scope and focus are related to the ...