Banking Business Strategies in the Paradigm of Digital Solutions and Sustainable Development Goals

Galina Panova
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Galina Panova: Moscow State Institute of International Relations (MGIMO University)

Chapter Chapter 19 in Technology and Business Strategy, 2021, pp 261-273 from Springer

Abstract: Abstract The theme of banking activity in the paradigm of achieving sustainable development goals—which is dictated, on the one hand, by the aggravation of environmental, social, and economic problems, and, on the other hand, by the desire to direct financial resources to their solution—has become particularly relevant in light of these modern challenges. Recent scientific research on this issue shows that a successful and profitable business cannot exist in the long term, neglecting the corporate culture and environmental care. The chapter analyzes banks’ approaches to the issues of achieving sustainable development goals in national and global financial markets; it also analyzes international initiatives aimed at solving global environmental and social problems by encouraging companies to comply with the principles of sustainable development and disclose information on the level of environmental, social, and corporate risks.

Keywords: Sustainable economic development; ESG risks; Green economy; Responsible investment; Technology; Business strategy; Digital solutions; G15; 16; Q01 (search for similar items in EconPapers)
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-030-63974-7_19

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DOI: 10.1007/978-3-030-63974-7_19

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