Preferencje help
Widoczny [Schowaj] Abstrakt
Liczba wyników
2020 | 3 (27) | 141--154
Tytuł artykułu

How Are Banks Doing on Sustainable Finance?

Treść / Zawartość
Warianty tytułu
Języki publikacji
In recent years, the banking sector has started to prioritize sustainable development, recognizing the growing benefits of sustainable investment. However, they e ncounter many obstacles on the road, among others, the time horizon, waiting for regulatory proposals, and a lack of understanding of the potential effects of climate change. To strengthen its sustainability policy, the ESMA decided to harmonize transparency rules that should have a significant impact on the entire banking sector. The purpose of the article is to organize basic definitions related to the sustainable development policy, to show the role of finance in the whole process, to present important changes in the regulation, and to approximate current changes in the field of sustainable development in the banking sector. (original abstract)
Słowa kluczowe
Opis fizyczny
  • Uniwersytet Łódzki
  • Alexander S.K., Fisher P., 2019, Banking regulation and sustainability,
  • Bacia B., 2020, ESMA przyjęła strategię w sprawie zrównoważonego finansowania,
  • Caldecott B.L., Tilbury J., Carey C., 2014, Stranded Assets and Scenarios, Discussion Paper, Smith School of Enterprise and the Environment, University of Oxford, Oxford.
  • Dyllick T., Muff K., 2016, Clarifying the meaning of sustainable business introducing a typology from business-as-usual to true business sustainability, "Organization & Environment", vol. 29(2), pp. 156-174.
  • Dziawgo L., 2014, Greening financial market, "Copernican Journal of Finance & Accounting", vol. 3(2),
  • EBA, 2019, Action Plan on Sustainable Finance, an%20on%20sustainable%20finance.pdf.
  • ESMA, Strategy on Sustainable Finance, 2020, 1052_sustainable_finance_strategy.pdf [access 17.01.2020].
  • European Commission, 2018, Action Plan: Financing Sustainable Growth, COM (2018) 97 final (8 March 2018), pp. 4-11.
  • Falconer A., Stadelmann M., 2015, Five Ways to Build Effective Climate Finance Readiness Programs, [access 17.01.2020].
  • G20 Green Finance Study Group 2016 G20 Green Finance Synthesis Report, 2016, [access 17.01.2020].
  • Granthan Research Institute on Climate Change and the Environment, 2018, What is climate finance?, [access 17.01.2020].
  • Inderst G., Kaminker Ch., Stewart F., 2014, Defining and Measuring Green Investments: Implications for Institutional Investors Asset Allocations, "OECD Working Papers on Finance, Insurance and Private Pensions", vol. 24,
  • Levine R., 2005, Finance and Growth: Theory, Mechanisms and Evidence, [in:] P. Aghion, S.N. Durlauf (eds), Handbook of Economic Growth, Elsevier.
  • Nowakowski M., 2020, Zielone finanse: mimo ryzyka banki nie mają alternatywy, [access 17.01.2020].
  • Omran M., Ramdhony D., 2015, Theoretical Perspectives on Corporate Social Responsibility Disclosure: A Critical Review, "International Journal of Accounting and Financial Reporting" vol. 5(2), pp. 38-55.
  • PCCP, 2018, Climate Change Finance Readiness for the Pacific, [access 17.01.2020].
  • Pricewaterhouse Coopers Consultants (PWC), 2013, Exploring Green Finance Incentives in China, PWC.
  • Raworth K., 2017, Doughnut Economics: Seven Ways to Think Like a 21st-Century Economist, Random House Business Books, London.
  • Ryszawska B., 2016, Sustainability Transition Needs Sustainable Finance, "Copernican Journal of Finance & Accounting", vol. 5(1), pp. 185-194.
  • Schoenmaker D., 2019, Investing for the Common Good: A Sustainable Finance Framework, [access 17.01.2020].
  • Schoenmaker D., Schramade W., 2017, Principles of Sustainable Finance, Oxford University Press, [access 17.01.2020].
  • Stewart R., Kingsbury B., Rudyk B., 2009, Climate Finance: Regulatory and Funding Strategies for Climate Change and Global Development, NYU Press, New York.
  • Strategy on Sustainable Finance, 2020, %20Market%20practices.pdf [access 17.01.2020].
  • Sustainable Finance Study Group, 2018, Synthesis Report, [access 17.01.2020].
  • Sustainable Finance, 2020, [access 17.01.2020].
  • True Price, Deloitte, EY and PwC, 2014, The Business Case for True Pricing: Why you will benefit from measuring, monetizing and improving your impact, Second edition, Amsterdam.
  • UN Principles for Responsible Investment, 2019, ESG Database, Standard&Poor's Financial Services LLC.
  • UNEP, 2015, Aligning the financial system with Sustainable Development. The Coming Financial Climate, The Inquiry`s 4th Progress Report, United Nations Environment Programme.
  • UNEP, 2020, What Is Climate Finance Readiness?, [access 17.01.2020].
  • UNFCCC Standing Committee on Finance, 2014, Biennial Assessment and Overview of Climate Finance Flows Report, pplication/pdf/2014_biennial_assessment_and_overview_of_climate_finance_flows_report_ web.pdf p. 5 [access 17.01.2020].
  • Vandeweerd V., Glemarec Y., Billett S., 2014, Readiness for Climate Finance: A Framework for Understanding What It Means to Be Ready to Use Climate Finance; United Nations Development Programme, New York NY, USA, pp. 1-28.
  • Whiteman G., Walker B., Perego P., 2013, Planetary Boundaries: Ecological Foundations for Corporate Sustainability, "Journal of Management Studies", vol. 50(2), pp. 307-336.
Typ dokumentu
Identyfikator YADDA

Zgłoszenie zostało wysłane

Zgłoszenie zostało wysłane

Musisz być zalogowany aby pisać komentarze.
JavaScript jest wyłączony w Twojej przeglądarce internetowej. Włącz go, a następnie odśwież stronę, aby móc w pełni z niej korzystać.