The Effect of Green Banking Practices on Banks' Environmental Performance and “Green Financing”: An Empirical Study

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Ritu Saxena

Abstract

“green banking practices”  are considered as an effort for innovating financial Institutions and sectors particularly the banking industry to cater to the needs and demands for sustainability as an integrating part of environmental sustainability and responsibility as well as social responsibility as a means to attend the sustainable development goals and reduce impact on environment. “green banking practices”  involve “green financing” as an element that functions on contributing towards the growth of financial products, services and decisions associated with investment and lending as well as funding projects and organisations with particular focus on environment sustainability related projects and activities and negotiation on considering landing practices towards organisations on the basis of sustainability practices capacities. The development of “green banking practices”  have further contributed towards the growth and evolution of environmental performance of banks in Association with their potential and contributing towards the growth of financial decisions and product offerings that meet the needs and demands of wakefulness as well as comply with policy and concern for sustainability. 

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