Assessing the impact of environmental finance mechanisms on corporate sustainability in Banking sector
Tanveer Ahmed Siddquee
What the paper says
This study looks into the significance of ecological finance structures in advancing sustainable services in Bangladesh's banking arena. By applying a numeric research strategy, data was amassed using a thorough questionnaire answered by 400 respondents, which included tellers, customers, and market stakeholders. This review assesses how green financing methods, focusing on green loans and the management of ecological threats, contribute to the overarching sustainability goals in the industry. The results underscore that financial frameworks emphasizing environmental sustainability powerfully enhance sustainability effects, showcasing strong and positive links between green finance activities and corporate sustainability. This study sheds light on the critical importance of supervisory strategies, like the Green Banking Policy put forward by the Bangladesh Bank, to further responsible banking ventures. Limitations in budget allocations, poor educational opportunities, and the absence of credible reporting systems restrict the fluid implementation of these practices in daily habits. According to this analysis, it is recommended that banks give priority to expanding their green funding efforts, optimize their operational procedures, and elevate sustainability reporting to guarantee ongoing advantages for the environment and the economy.
1 citation
Evidence weight
Balanced mode · F 0.40 / M 0.15 / V 0.05 / R 0.40
| F · citation impact | 0.16 × 0.4 = 0.06 |
| M · momentum | 0.53 × 0.15 = 0.08 |
| V · venue signal | 0.50 × 0.05 = 0.03 |
| R · text relevance † | 0.50 × 0.4 = 0.20 |
† Text relevance is estimated at 0.50 on the detail page — for your query’s actual relevance score, open this paper from a search result.