dc.contributor.author | Kozar, Łukasz | |
dc.date.accessioned | 2022-04-14T07:39:51Z | |
dc.date.available | 2022-04-14T07:39:51Z | |
dc.date.issued | 2022-03-30 | |
dc.identifier.issn | 2391-6478 | |
dc.identifier.uri | http://hdl.handle.net/11089/41644 | |
dc.description.abstract | The purpose of the article/hypothesis: The main objective of the article is to present the directions of pro-environmental activities undertaken by institutions from the financial sector operating in Poland and their significance for green transformation of the economy. In turn, an additional aim of the analysis undertaken is to show whether financial institutions have instruments that are typical for them, but at the same time are aimed directly at the process of greening the economy.Methodology: The study is of a theoretical and analytical character. In addition to a review of available domestic and foreign literature on the subject, selected good environmental practices implemented in financial sector institutions in Poland in 2016–2020 were analysed. Qualitative data analysis (content analysis of good practices) was applied.Results of the research: 94 good environmental practices from 24 financial sector institutions were analysed. Different subject and object orientations of the good practices were observed. It was found that through the implementation of environmental activities, financial institutions can build a positive image in their surroundings. In terms of issues related to green transformation, a special role was assigned to banks, which can offer green banking products. Products of this type are directly aimed at supporting investments whose role is to change the existing way of economy to a more sustainable one. | en |
dc.language.iso | en | |
dc.publisher | Wydawnictwo Uniwersytetu Łódzkiego | pl |
dc.relation.ispartofseries | Finanse i Prawo Finansowe;33 | pl |
dc.rights.uri | https://creativecommons.org/licenses/by-nc-nd/4.0 | |
dc.subject | financial institutions | en |
dc.subject | good environmental practices | en |
dc.subject | green banking products | en |
dc.subject | sustainable development | en |
dc.title | The Financial Sector and Sustainable Development - A Review of Selected Environmental Practices Implemented in Financial Institutions Operating in Poland Between 2016 and 2020 | en |
dc.type | Article | |
dc.page.number | 143-157 | |
dc.contributor.authorAffiliation | University of Lodz, Faculty of Economics and Sociology | en |
dc.identifier.eissn | 2353-5601 | |
dc.references | Barua, S. (2020). Green Banking Intervention and Adoption Process. In: S. Barua, Principles of Green Banking, Berlin/Boston: De Gruyter https://doi.org/10.1515/9783110664317-007 | en |
dc.references | Boissinot, J., Huber, D. and Lame, G. (2015). Finance and climate: The transition to a low-carbon and climate-resilient economy from a financial sector perspective. OECD Journal: Financial Market Trends, (1), pp. 7–23 http://dx.doi.org/10.1787/fmt-2015-5jrrz76d5td5 | en |
dc.references | Brown, D. and McGranahan, G. (2016). The urban informal economy, local inclusion and achieving a global green transformation. Habitat International, 53, pp. 97–105 http://dx.doi.org/10.1016/j.habitatint.2015.11.002 | en |
dc.references | Burchard-Dziubińska, M. (2014). Wdrażanie zielonej gospodarki jako odpowiedź Unii Europejskiej na trudności rozwojowe. Acta Universitatis Lodziensis. Folia Oeconomica, 3(303), pp. 135–150. | en |
dc.references | Chaudhury, S.K., Das, S.K. and Sahoo, P.K. (2011). Practices of corporate social responsibility (CSR) in banking sector in India: An assessment. Research Journal of Economics, Business and ICT, 4, pp. 76–81. | en |
dc.references | Ferguson, P. (2015). The green economy agenda: business as usual or transformational discourse? Environmental Politics, 24(1), pp. 17–37 http://dx.doi.org/10.1080/09644016.2014.919748 | en |
dc.references | Fernández-Olit, B., de la Cuesta-González, M. and Holgado, F.P. (2018). Social and environmental responsibility in the banking industry: A focus on commercial business. In: T. Walker, S.D. Kibsey, R. Crichton, ed., Designing a sustainable financial system, Cham: Palgrave Macmillan https://doi.org/10.1007/978-3-319-66387-6_3 | en |
dc.references | FOB (2017). Raport odpowiedzialny biznes w Polsce 2016. Dobre praktyki, Warszawa: Forum Odpowiedzialnego Biznesu. | en |
dc.references | FOB (2018). Raport odpowiedzialny biznes w Polsce 2017. Dobre praktyki, Warszawa: Forum Odpowiedzialnego Biznesu. | en |
dc.references | FOB (2019). Raport odpowiedzialny biznes w Polsce 2018. Dobre praktyki, Warszawa: Forum Odpowiedzialnego Biznesu. | en |
dc.references | FOB (2020). Raport odpowiedzialny biznes w Polsce 2019. Dobre praktyki, Warszawa: Forum Odpowiedzialnego Biznesu. | en |
dc.references | FOB (2021). Raport odpowiedzialny biznes w Polsce 2020. Dobre praktyki, Warszawa: Forum Odpowiedzialnego Biznesu. | en |
dc.references | Fuso Nerini, F., Sovacool, B., Hughes, N., Cozzi, L., Cosgrave, E., Howells, M., Tavoni, M., Tomei, J., Zerriffi, H. and Milligan, B. (2019). Connecting climate action with other Sustainable Development Goals. Nature Sustainability, 2(8), pp. 674–680 https://doi.org/10.1038/s41893-019-0334-y | en |
dc.references | Gangi, F., Meles, A., D’Angelo, E. and Daniele, L.M. (2019). Sustainable development and corporate governance in the financial system: Are environmentally friendly banks less risky? Corporate Social Responsibility and Environmental Management, 26(3), pp. 529–547 http://dx.doi.org/10.1002/csr.1699 | en |
dc.references | Herath, H.M.A.K. and Herath, H.M.S.P. (2019). Impact of Green banking initiatives on customer satisfaction: A conceptual model of customer satisfaction on green banking. Journal of Business and Management, 1(21), pp. 24–35. | en |
dc.references | Ilić, B., Stojanovic, D. and Djukic, G. (2019). Green economy: Mobilization of international capital for financing projects of renewable energy sources. Green Finance, 1(2), 94–109 http://dx.doi.org/10.3934/GF.2019.2.94 | en |
dc.references | Jo, H., Kim, H. and Park, K. (2015). Corporate environmental responsibility and firm performance in the financial services sector. Journal of Business Ethics, 131(2), pp. 257–284 http://dx.doi.org/10.1007/s10551-014-2276-7 | en |
dc.references | Kapoor, N., Jaitly, M. and Gupta, R. (2016). Green banking: A step towards sustainable development. International Journal of Research in Management, Economics and Commerce, 7(6), pp. 69–72. | en |
dc.references | Knuth, S. (2018). “Breakthroughs” for a green economy? Financialization and clean energy transition. Energy Research & Social Science, 41, pp. 220–229 http://dx.doi.org/10.1016/j.erss.2018.04.024 | en |
dc.references | Kozar, Ł. (2019). Zielone miejsca pracy. Uwarunkowania – identyfikacja – oddziaływanie na lokalny rynek pracy. Łódź: Wydawnictwo Uniwersytetu Łódzkiego. | en |
dc.references | Lamperti, F., Bosetti, V., Roventini, A., Tavoni, M. and Treibich, T. (2021). Three green financial policies to address climate risks. Journal of Financial Stability, 54, 100875 http://dx.doi.org/10.1016/j.jfs.2021.100875 | en |
dc.references | Leal Filho, W., Tripathi, S.K., Andrade Guerra, J.B.S.O.D., Giné-Garriga, R., OrlovicLovren, V. and Willats, J. (2019). Using the sustainable development goals towards a better understanding of sustainability challenges. International Journal of Sustainable Development & World Ecology, 26(2), pp. 179–190 http://dx.doi.org/10.1080/13504509.2018.1505674 | en |
dc.references | Mazzioni, S., Corazza, F., Dal Magro, C.B. and Zanin, A. (2020). Socio-environmental responsibility policy in financial institutions. Macro Management & Public Policies, 2(1), pp. 17–27 https://doi.org/10.30564/mmpp.v2i1.906 | en |
dc.references | Nizam, E., Ng, A., Dewandaru, G., Nagayev, R. and Nkoba, M.A. (2019). The impact of social and environmental sustainability on financial performance: A global analysis of the banking sector. Journal of Multinational Financial Management, 49, pp. 35–53 http://dx.doi.org/10.1016/j.mulfin.2019.01.002 | en |
dc.references | Rai, R., Kharel, S., Devkota, N. and Paudel, U.R. (2019). Customers perception on green banking practices: A desk. The Journal of Economic Concerns, 10(1), pp. 82–95. | en |
dc.references | Ryszawska, B. (2013). Zielona gospodarka – teoretyczne podstawy koncepcji i pomiar jej wdrażania w Unii Europejskiej. Wrocław: Wydawnictwo Uniwersytetu Ekonomicznego we Wrocławiu. | en |
dc.references | Sulich, A. (2018). Sektor finansowy a zielone miejsca pracy. Rynek – Społeczeństwo – Kultura, 1(27), pp. 51–56. | en |
dc.references | Sulich, A. and Zema, T. (2018). Green jobs, a new measure of public management and sustainable development. European Journal of Environmental Sciences, 8(1), pp. 69–75 http://dx.doi.org/10.14712/23361964.2018.10 | en |
dc.references | Sun, H., Rabbani, M. R., Ahmad, N., Sial, M.S., Cheng, G., Zia-Ud-Din, M. and Fu, Q. (2020). CSR, co-creation and green consumer loyalty: Are green banking initiatives important? A moderated mediation approach from an emerging economy. Sustainability, 12(24), 10688 http://dx.doi.org/10.3390/su122410688 | en |
dc.references | Tsalis, T.A., Malamateniou, K.E., Koulouriotis, D. and Nikolaou, I.E. (2020). New challenges for corporate sustainability reporting: United Nations’ 2030 Agenda for sustainable development and the sustainable development goals. Corporate Social Responsibility and Environmental Management, 27(4), pp. 1617–1629 http://dx.doi.org/10.1002/csr.1910 | en |
dc.references | United Nations (2015). General Assembly Resolution A/RES/70/1. Transforming Our World, the 2030 Agenda for Sustainable Development https://www.un.org/ga/search/view_doc.asp?symbol=A/RES/70/1&Lang=E [Accessed 23.07.2021]. | en |
dc.references | Weber, O., Diaz, M. and Schwegler, R. (2014). Corporate social responsibility of the financial sector – strengths, weaknesses and the impact on sustainable development. Sustainable Development, 22(5), pp. 321–335 http://dx.doi.org/10.1002/sd.1543 | en |
dc.contributor.authorEmail | lukasz.kozar@uni.lodz.pl | |
dc.identifier.doi | 10.18778/2391-6478.1.33.08 | |
dc.relation.volume | 1 | |