LEVELS OF ENVIRONMENTAL RISK MANAGEMENT IN UNIVERSAL BANKS
Virginia Zhelyazkova
Strony: 480-486
Opublikowano: 11 Aug 2016
Wyświetlenia: 2,855
Pobrania: 387
Citations: 3 (Google Scholar)
Streszczenie: Environmental risk management is becoming more and more important for banks around the world for a number of reasons. On the one hand, the regulatory pressure on companies, banks’ customers, to operate in an environmentally friendly way is an exogenous factor affecting risk management practices in the banks. On the other hand, an internal, endogenous understanding of the importance of the implementation of a holistic approach on risk management, including the environmental risks, has been growing. This understanding has gained momentum especially during the years of the financial crisis when many banks were faced with assets burdened with environmental problems. The aim of the current paper is to outline the levels of environmental risk management in universal banks. Four levels have been identified, and they are presented from a high-level, conceptual perspective.
Słowa kluczowe: environmental risk, lending, direct environmental impacts, indirect environmental impacts
Cytowanie artykułu: Virginia Zhelyazkova. LEVELS OF ENVIRONMENTAL RISK MANAGEMENT IN UNIVERSAL BANKS. Journal of International Scientific Publications: Ecology & Safety 10, 480-486 (2016). https://www.scientific-publications.net/en/article/1001218/
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