Des banques préoccupées par le développement durable ?: Le cas de la société Fortis

Houda Elabidi and Badreddine Hamdi
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Houda Elabidi: ISTEC - Institut supérieur des Sciences, Techniques et Economie Commerciales - ISTEC, IAE Toulon - Institut d'Administration des Entreprises (IAE) - Toulon
Badreddine Hamdi: LEG - Laboratoire d'Economie et de Gestion - UB - Université de Bourgogne - CNRS - Centre National de la Recherche Scientifique

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Abstract: Case Study: Are Banks Concerned About Sustainable Development? The Case of FortisThe financial sector has been criticized for its lack of action on sustainable development. To counter this criticism, several banks have taken initiatives aimed at integrating sustainability into their business. But what is the best approach? This article first looks at some of the issues and challenges facing banks with regard to sustainable development. It then describes the different stages of a sustainable development project implemented by the bank Fortis, including planning and development, implementation, control and management. A summary of the impact of this project shows that the long-term improvement of environmental performance requires that key elements of sustainable development be integrated in the banking professions and in core processes. Finally, based on this case study and the literature, we conclude by making recommendations and indicating the priorities that should be considered by banks as well as organizations in other sectors wishing to commit to sustainable development.

Keywords: bank; social integration; social responsibility; sustainable development; sustainable procurement; abastecimiento sostenible; banco; desarrollo sostenible; instituciones financieras; integración social; responsabilidad social; sector financiero; responsabilité sociale; institutions financières; intégration sociale; approvisionnement durable; banque; développement durable; finance; financial institutions; financial sector; fonctions; secteur financier (search for similar items in EconPapers)
Date: 2011-03
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Published in Gestion - HEC Montréal, 2011, 36 (1), pp.66-73. ⟨10.3917/riges.361.0066⟩

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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-01346772

DOI: 10.3917/riges.361.0066

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