<![CDATA[The dynamics towards sustainable energy encourage energy companies in Indonesia to integrate sustainability practices through ESG disclosure, financial slack as financial flexibility, and the implementation of green innovation. This study analyzes the effect of ESG disclosure and financial slack on the financial performance of energy sector companies and the role of green innovation as a moderating variable. The research data covers 16 energy sector companies listed on the Indonesia Stock Exchange (IDX) during the 2020–2024 period, with 64 observations selected using purposive sampling and analyzed using Moderated Regression Analysis in SPSS. The analysis results indicate that ESG disclosure has not shown a significant relationship with financial performance, financial slack tends to be associated with decreased performance, while green innovation makes a positive contribution and strengthens the influence of financial slack, but does not moderate the relationship between ESG disclosure and financial performance.]]>
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