Use of Esg-Investment Principles in the Selection of High-Performance Projects by Commercial Banks

Ostonaqulova Gulchehraxon Muhammadyoqub Qizi

GREEN ECONOMY AND DEVELOPMENT, 2023, vol. 1, issue 7

Abstract: This paper investigates the utilization of Environmental, Social, and Governance (ESG) investment principles inthe selection of high-performance projects by commercial banks. Employing a strategic lens, the study explores the interplaybetween ESG criteria and project selection within the commercial banking sector. Our findings reveal a positive correlationbetween the incorporation of ESG factors and enhanced financial performance, risk mitigation, and stakeholdertrust. We critically interpret these insights, emphasizing their strategic implications for commercial banking strategies andpolicy frameworks. The study contends that ESG-conscious project selection not only fosters sustainable value creationbut also positions commercial banks as resilient entities capable of navigating evolving market dynamics. In conclusion,the imperative for ESG integration extends beyond compliance, emerging as a strategic necessity for commercial bankscommitted to long-term viability and responsible financial practices.

Keywords: ESG Integration; Commercial Banking; Sustainable Finance; Project Selection; Financial Performance; Regulatory Frameworks; Sector-Specific Strategies. (search for similar items in EconPapers)
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:teu:ged000:v:1:y:2023:i:7:id:1209

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