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Title:Impact of CSR, Green Finance and Green Innovation on Environmental Performance of Banks in India
Authors:ID Meraj, Maryam (Author)
ID Afzal, Mohammed (Author)
ID Kaur, Manpreet (Author)
ID Chauhan, Jahangir (Author)
Files:URL https://ojs.upr.si/index.php/fm/article/download/218/87
 
.pdf MGT_Meraj_Maryam_2025.pdf (364,22 KB)
MD5: D9B9F55130F13B9792074D0C80B6BB77
 
Language:English
Work type:Article
Typology:1.01 - Original Scientific Article
Organization:ZUP - University of Primorska Press
Abstract:In an era of growing environmental challenges, the role of banks in promoting sustainability is critical. This study examines how Corporate Social Responsibility (CSR), green finance, and green innovation influence the environmental performance of Indian banks. Guided by legitimacy theory and the natural resource-based view, survey data from 379 bank employees were analysed using structural equation modelling. The results reveal that robust CSR initiatives, effective green finance practices, and innovative green strategies significantly enhance banks’ environmental performance. These findings contribute to theoretical understanding and offer practical insights for improving sustainability in the banking sector. The study recommends that banks in emerging economies strengthen internal resources by investing in CSR, adopting green finance, and fostering green innovation to boost environmental performance. Such efforts align with global sustainability goals, positioning banks as key players in environmentalprotection and responsible finance.
Keywords:corporate social responsibility, green finance, green innovation, environmental performance of banks, structural equation modelling
Publication status:Published
Publication version:Version of Record
Publication date:30.06.2025
Year of publishing:2025
Numbering:Vol. 23, no. 2
PID:20.500.12556/RUP-22251 This link opens in a new window
eISSN:1854-6935
DOI:https://doi.org/10.26493/1854-6935.23.201-231 This link opens in a new window
Publication date in RUP:18.12.2025
Views:187
Downloads:0
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Record is a part of a journal

Title:Managing Global Transitions
Publisher:University of Primorska Press
ISSN:1854-6935

Licences

License:CC BY-SA 4.0, Creative Commons Attribution-ShareAlike 4.0 International
Link:http://creativecommons.org/licenses/by-sa/4.0/
Description:This Creative Commons license is very similar to the regular Attribution license, but requires the release of all derivative works under this same license.

Secondary language

Language:Slovenian
Title:Vpliv družbene odgovornosti podjetij, zelenega financiranja in zelene inovativnosti na okoljsko uspešnost bank v Indiji
Abstract:V času naraščajočih okoljskih izzivov je vloga bank pri spodbujanju trajnosti ključna. Pričujoča raziskava preučuje, kako družbena odgovornost podjetij (angl. Corporate Social Responsibility – CSR), zeleno financiranje in zelene inovacije vplivajo na okoljsko uspešnost indijskih bank. Na podlagi teorije legitimnosti in naravnih virov kot konkurenčne prednosti so bili podatki iz ankete med 379 bančnimi zaposlenimi analizirani z uporabo modeliranja strukturnih enačb. Rezultati kažejo, da močne pobude CSR, učinkovite prakse zelenega financiranja in inovativne zelene strategije pomembno izboljšajo okoljsko uspešnost bank. Ugotovitve prispevajo k teoretičnemu razumevanju in ponujajo praktične vpoglede za izboljšanje trajnosti v bančnem sektorju. Na podlagi raziskave priporočamo, da banke v državah v razvoju okrepijo notranje vire z vlaganjem v CSR, s sprejetjem zelenega financiranja in spodbujanjem zelenih inovacij za izboljšanje okoljske uspešnosti. Takšna prizadevanja so skladna z globalnimi cilji trajnostnega razvoja in banke izpostavljajo kot ključne akterje pri varovanju okolja ter odgovornem financiranju.
Keywords:družbena odgovornost podjetij, zeleno financiranje, zelene inovacije, okoljska uspešnost bank, modeliranje strukturnih enačb


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