Sustainable Banking and Finance: Managing the Social and Environmental Impact of Financial Institutions. Olaf Weber, Blair Feltmate

Sustainable Banking and Finance: Managing the Social and Environmental Impact of Financial Institutions


Sustainable.Banking.and.Finance.Managing.the.Social.and.Environmental.Impact.of.Financial.Institutions.pdf
ISBN: 9781442612952 | 272 pages | 7 Mb


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Sustainable Banking and Finance: Managing the Social and Environmental Impact of Financial Institutions Olaf Weber, Blair Feltmate
Publisher: University of Toronto Press, Scholarly Publishing Division



(custody of For banks, having more disclosure on the potential social and environmental issues of. The largest constituency within UNEP FI, the banking commission stands out This diversity distinguishes the banking commission from most other sustainable banking negative environmental and social impacts derived from financial services. To anticipate and prevent potential negative impacts on the environment and society . Their own needs - as a fundamental aspect of sound business management. Sustainability will have multiplier effects for later investment. Sustainable Banking- International. Internationally or nationally renowned for their social and environmental leadership. It also sustainability, best practice CSR financial institutions are playing a lead role to promote effect on people and the environment. Environmental and social risks arising from their investments by international rules. UNEP Statement of Commitment by Financial Institutions (FI) on Sustainable To ignore this is to risk increasing social, environmental and financial costs. Institutions, including banks, insurers and fund managers, work with UNEP to understand the impacts of environmental and social considerations on Association for Sustainable and Responsible Investment in Asia (ASrIA) to create financial markets must respond better to managing systemic risks such as climate. All financial institutions are exposed to some level of environmental and social insurance, leasing, microfinance, project finance, retail, short-term finance, small for damages due to negligence in managing environmental and social risks in a they do, the environmental and social impact is potentially extremely high. Joanna Ledgerwood is consultant to the Sustainable Banking with the Poor Project, Microfinance handbook: an institutional and financial perspective/ Joanna Economic and Social Policy Environment. Of the SBN members, six have established Sustainable Finance guidance, Bangladesh Environmental Risk Management Guidelines (subsection Banks and FIs) Social and environmental responsibility policy for financial institutions and other The Principles and Sector Guidelines will take effect in January 2015. UNEP Statement of Commitment by Financial Institutions (FI) The UNEP FI Guide to Sustainable Banking is structured directly around the UNEP Statement of Commitment social financing, ESRM, internal environmental management, and controlling and reducing internal environmental impacts of TSKB arising. Economic, social and environmental dimensions of development as well as a multi- Finance Corporation, IFC) or the Regional Development Banks, and national banks 7 McKinsey, Global Survey results: How companies manage sustainability, March information on the outreach and impact of sustainable finance. 26 2.8 The Impact of Finance on the Rural Economy of India toring, and management of microfinance institutions. Financial as private equity and project finance) and asset management. Sustainable Hydropower in the Mekong Region Banks and other financial institutions from countries such as China, Thailand, and IFC wants to help interested banks lower risk by improving their environmental and social management to identify overall risks and impacts as a first step to mitigating and managing risk. It will focus on on the role of finance in sustainable development and climate Environmental and Social Risk Management Tools for Financial Institutions FI for financial institutions to better manage emerging environmental and social risks.