Finance for Sustainability: The Role of Banks in Advancing the ESG Agenda in the ASEAN Region

Shahida Shahimi (), Siti Aisyah Zahari (), Kamarul Ariffin Nur Aiman and Mohammed R. M. Salem ()
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Shahida Shahimi: Universiti Kebangsaan Malaysia
Siti Aisyah Zahari: Universiti Kebangsaan Malaysia
Kamarul Ariffin Nur Aiman: Universiti Kebangsaan Malaysia
Mohammed R. M. Salem: Universiti Kebangsaan Malaysia

A chapter in Corporate Governance and Sustainability, 2024, pp 83-104 from Springer

Abstract: Abstract Environmental, Social, and Governance (ESG) concerns in the financial sector have been growing significantly in tandem with the worldwide sustainability agenda. Due to the diverse economic and financial development among ASEAN countries, the integration of ESG principles into banking practices and operations poses challenges and opportunities. This chapter delves into the role of the banking sector in advancing ESG in the region and provides the state of the art of ESG in this part of the world.

Keywords: Environmental; Financial performance; Governance; Social; Sustainable Development Goals (SDGs) (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-981-97-7808-9_5

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DOI: 10.1007/978-981-97-7808-9_5

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