2025, Vol. 8, Issue 2

author(s)
Hero Kamal Rahim and Jamal Hadash Mohammed

abstract
This study aims to analyze the impact of sustainable finance on enhancing the financial sustainability of a sample of Iraqi commercial banks listed on the Iraq Stock Exchange over a specified period. The research adopts a descriptive analytical methodology to present the theoretical dimensions of sustainable finance, in addition to employing statistical methods to measure its relationship with financial sustainability indicators, namely solvency, liquidity, profitability, and financial stability. Sustainable finance was measured based on the Environmental, Social, and Governance (ESG) indicators. The findings revealed a positive and significant correlation between sustainable finance and financial sustainability, confirming that adopting sustainable financial policies contributes to enhancing banks' ability to continue and achieve stable financial performance. The results also showed that governance had the most significant impact, followed by environmental and then social dimensions. The study recommends integrating sustainable finance strategies into the operational plans of banks while developing periodic measurement mechanisms to monitor their impact on sustainability.