LEVELS OF ENVIRONMENTAL RISK MANAGEMENT IN UNIVERSAL BANKS
Virginia Zhelyazkova
Pagini: 480-486
Publicat: 11 Aug 2016
Vizualizări: 2,802
Descărcări: 382
Citations: 3 (Google Scholar)
Rezumat: 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.
Cuvinte cheie: environmental risk, lending, direct environmental impacts, indirect environmental impacts
Citează acest articol: 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/
Înapoi la cuprinsul volumului
© 2026 The Author(s). This is an open access article distributed under the terms of the
Creative Commons Attribution License https://creativecommons.org/licenses/by/4.0/, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited. This permission does not cover any third party copyrighted material which may appear in the work requested.
Disclaimer: The Publisher and/or the editor(s) are not responsible for the statements, opinions, and data contained in any published works. These are solely the views of the individual author(s) and contributor(s). The Publisher and/or the editor(s) disclaim any liability for injury to individuals or property arising from the ideas, methods, instructions, or products mentioned in the content.
