Ecological Evolution of Financial Market: Ecologically Responsible Investment

Leszek Dziawgo () and Ewa Dziawgo ()
Additional contact information
Leszek Dziawgo: Nicolaus Copernicus University
Ewa Dziawgo: Nicolaus Copernicus University

A chapter in Business Challenges in the Changing Economic Landscape - Vol. 1, 2016, pp 167-178 from Springer

Abstract: Abstract The international financial market is significantly influenced by ideas of Corporate Social Responsibility/Environmental-Social-Governance. As it is commonly known—CSR/ESG-ideas contain also crucial ecological components. Nowadays, a lot of leading financial institutions in Europe keep or gain clients thanks to using environmental aspects. The aim of the elaboration is to indicate and analyse the problem of implementation of environmental rules in financial business, especially Ecologically Responsible Investment (ERI). The considerations are based on selected cases of business practice of Polish financial market and surveys conducted in the period of 2009–2014 on a representative sample of Polish society. Poland is one of the most important and promising emerging markets hosting key financial players such as Deutsche Bank, Commerzbank, Citigroup, BNP Paribas, UniCredit, Millennium, Raiffeisen Bank, ING, and also Banco Santander. The results clearly show that problem of ecological adjustment of financial institutions to public requirements concerning ecological standards really exist. The growing and consistent engagement of financial business for natural environment protection is a fact. ERI is a clear evidence of that. The results could be also useful for creating responsible financial business in modern economy. However, the implementation of environmental rules on financial market is not only inspiring, but also questionable. Undoubtedly, the ecological challenge in financial business is an important subject of scientific research.

Keywords: Ecology; Corporate social responsibility; Financial market (search for similar items in EconPapers)
Date: 2016
References: Add references at CitEc
Citations: View citations in EconPapers (3)

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

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:spr:eurchp:978-3-319-22596-8_11

Ordering information: This item can be ordered from
http://www.springer.com/9783319225968

DOI: 10.1007/978-3-319-22596-8_11

Access Statistics for this chapter

More chapters in Eurasian Studies in Business and Economics from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().