An Overview of the European Policies on ESG in the Banking Sector

Michelangelo Bruno and Valentina Lagasio
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Michelangelo Bruno: Management Department, Faculty of Economics, Sapienza University of Rome, Via del Castro Laurenziano, 00185 Rome, Italy

Sustainability, 2021, vol. 13, issue 22, 1-10

Abstract: In recent years, European policy makers have ramped up their efforts to create a regulatory framework for improving sustainability in the financial system. We contribute to the on-going debate on Environmental, Social and Governance in the banking sector by providing an organic overview of the European policies put in place. The legislative framework is currently being enriched by policy makers and regulators that are carefully pursuing the objective of a more sustainable economic system, where financial institutions may act as catalysts. We also offer a comparison of the national level regulations for ESG practices in banking institutions and the related disclosure requirements.

Keywords: European Union; corporate governance; sustainable finance; Environmental, Social and Governance; Corporate Social Responsibility (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2021
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (12)

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Persistent link: https://EconPapers.repec.org/RePEc:gam:jsusta:v:13:y:2021:i:22:p:12641-:d:680050

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