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the Management of the environmental risk from the perspective of the financial activities

Carmen Lenuta Trica and Gabriela Piciu ()

Revista Economica, 2012, vol. Supplement, issue 2, 427-432

Abstract: In this document we presented what the management of the environmental risk means from the perspective of the financial activities. I also we described the loan evaluation process from the perspective of the environmental risk management. In the context of the fast development of the banking activities within the field of the sustainable development, we consider that at least a first step of education and informing within this field is mandatory. Evaluating the environmental risk is very important for the financial institutions as well; there even were banks that went bankrupt because of the legal environment standards. The banks have the opportunity, through the smooth involvement of the banking sector into environmental issues, to collaborate with their customers in the environmental risk management.

Date: 2012
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Handle: RePEc:blg:reveco:v:supplement:y:2012:i:2:p:427-432