Key Regulatory Initiatives in EU Sustainable Banking: Exploring Sustainability Risk Management in the EU Banking Industry - Couverture souple

Hanganu, Alexandra-Cristina

Couverture souple

ISBN 10 : 900454318X ISBN 13 : 9789004543188

Editeur : Brill, 2023

Synopsis

With temperature exhibiting a growing trend and posing threats to future generations, the Paris Agreement set a cap level of no more than 2°C for the temperature increase, emphasizing the need for cross-national participation to combat climate change. At the European level, the European Commission pledged to make Europe achieve carbon neutrality by mid-century. However, to deliver on its commitment, extensive financial support and engagement from both private and public-sector players were acknowledged as requisites. Therefore, through their funding mechanism, banks assumed a leading role in financing the transition to a green economy. However, a new challenge of systemic nature - i.e. ESG risks - emerged, gaining regulatory attention and subsequently triggering numerous regulatory reforms. Therefore, this study explores the current European regulatory environment addressing sustainability, aiming to identify whether such regulatory frameworks can be considered a strategic opportunity, or contrastingly, a strategic burden for credit institutions.

A propos du livre

À propos de l'auteur

Alexandra-Cristina Hanganu, MA (2022), Lauder Business School Vienna, recently became an alumnus of the mentioned university, graduating with merits from the study program Strategic Finance & Business Analytics. Her professional interests lie in the areas of environmental, social, governance (ESG), and corporate strategy, currently activating in financial services advisory.

Détails de l'édition

• Éditeur: Brill
• Date d'édition: 2023
• Langue: anglais
• ISBN 10: 900454318X
• ISBN 13: 9789004543188
• Reliure: Broché
• Nombre de pages: 68
• Coordonnées du fabricant: non disponible
• Personne responsable: non disponible