Methane Emissions in the ESG Framework at the World Level

This article affords the question of methane emissions in the context of the ESG framework at the global level. The World Bank ESG-Environmental, Social, and Governance database was used. The data refers to 193 countries for a period between 2011 and 2020. The econometric models used are Panel Data with Random Effects, Panel Data with Fixed Effects, Pooled Ordinary Least Squares-OLS, and Weighted Least Squares-WLS. The impact of methane on the ESG model was calculated through three equations capable of analyzing the impact of methane emissions, respectively, con-cerning the E-Environmental, S-Social, and G-Governance components of the ESG model. The re-sults show that methane emissions tend to increase even in the improvement of ESG conditions at world level.