Sustainable banking in developing economies

Janet Talata Abor, Joshua Yindenaba Abor and Ahmad Hassan Ahmad

Chapter 12 in Sustainable and Responsible Investment in Developing Markets, 2023, pp 190-203 from Edward Elgar Publishing

Abstract: Sustainable banking involves carrying out the business of banking and investment while prioritising environmental sustainability and social responsibility. It entails incorporating environmental, social and governance (ESG) considerations in the delivery of banking services. The benefits of sustainable banking, which range from increased financial inclusion to improved brand and reputation of banks and investor confidence, have caused banks to shift from simply managing their environmental and social risks to exploring new opportunities offered by sustainability principles in a proactive manner. This chapter examines trends and developments in sustainable banking with specific focus on developing markets. Specifically, it covers sustainable banking activities and the importance of sustainable banking. It discusses the concept of triple bottom line with respect to sustainable banking, and the interconnectivity among essentials of the triple bottom line theory. The chapter also examines sustainable banking principles, policies and practices in Africa. It concludes with important policy implications.

Keywords: Business and Management; Development Studies; Economics and Finance; Environment; Sustainable Development Goals (search for similar items in EconPapers)
Date: 2023
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.elgaronline.com/view/edcoll/9781803927060/9781803927060.00021.xml (application/pdf)
Our link check indicates that this URL is bad, the error code is: 503 Service Temporarily Unavailable

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:elg:eechap:21754_12

Ordering information: This item can be ordered from
http://www.e-elgar.com

Access Statistics for this chapter

More chapters in Chapters from Edward Elgar Publishing
Bibliographic data for series maintained by Darrel McCalla ().