Proceedings of the 2nd International Conference on Emerging Technologies and Sustainable Business Practices-2024 (ICETSBP 2024)

<Previous Article In Volume
Next Article In Volume>

Integration of Environmental, Social, and Governance (ESG) Factors in Bank Asset Quality Assessment: A Review

Authors
Shradha Jain1, *, Ashish Kumar1, Ankit Dambhare2, R. K. Mittal1
1Guru Gobind Singh Indraprastha University, New Delhi, India
2Institute of Hotel Management, Catering Technology and Applied Nutrition, Lucknow, India
*Corresponding author. Email: shradhajain175@gmail.com
Corresponding Author
Shradha Jain
Available Online 17 October 2024.
DOI
10.2991/978-94-6463-544-7_41How to use a DOI?
Keywords
ESG Factors; Banking Sector; Bank Asset Quality; Review
Abstract

When financial organizations realize how important sustainable financing is, they progressively include Environmental, Social, and Governance (ESG) factors in their asset quality assessments. The methods, impacts, and outcomes of including ESG considerations in evaluating bank assets are examined in this paper. The paper highlights the significance of using ESG variables to enhance risk mitigation, promote ethical investment practices, and adhere to regulatory and social obligations. The article does highlight several shortcomings, though, such as the lack of standard ESG metrics, the potential for greenwashing, and challenges in quantifying social and governance issues. Despite these challenges, the growing emphasis on ESG concerns signals a paradigm shift towards more robust and sustainable banking systems.

Copyright
© 2024 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Download article (PDF)

<Previous Article In Volume
Next Article In Volume>
Volume Title
Proceedings of the 2nd International Conference on Emerging Technologies and Sustainable Business Practices-2024 (ICETSBP 2024)
Series
Advances in Economics, Business and Management Research
Publication Date
17 October 2024
ISBN
978-94-6463-544-7
ISSN
2352-5428
DOI
10.2991/978-94-6463-544-7_41How to use a DOI?
Copyright
© 2024 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

risenwbib
TY  - CONF
AU  - Shradha Jain
AU  - Ashish Kumar
AU  - Ankit Dambhare
AU  - R. K. Mittal
PY  - 2024
DA  - 2024/10/17
TI  - Integration of Environmental, Social, and Governance (ESG) Factors in Bank Asset Quality Assessment: A Review
BT  - Proceedings of the 2nd International Conference on Emerging Technologies and Sustainable Business Practices-2024 (ICETSBP 2024)
PB  - Atlantis Press
SP  - 624
EP  - 634
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-544-7_41
DO  - 10.2991/978-94-6463-544-7_41
ID  - Jain2024
ER  -