Environmental, Social and Governance (ESG) are emerging as earnest agents of change. The corporate finance in recent years. Previously, an ESG factor is only treated as non-financial or peripheral, but today it is a leader in the scheme of the investment decision-making process, capital allocation, and management risks. As the climate debates steadily grow, so does it appear that the impact of such debates is steadily cumulating as well. Reaching operating responsibilities, and how governments perform their powers, the companies must develop an ability to turn more than before. consider factor ESG in their overall financial policies. The example of the effect of the ESG performance on the corporate finance is realized in this thesis.