GREEN BANKING: AN INDISPENSABLE STEP FOR THE BANK TO SAVE OUR ENVIRONMENT

Authors

  • Noorjahan Begum CCN University of Science & Technology, Bangladesh
  • Md. Mazharul Islam Bhuiyan CCN University of Science & Technology, Bangladesh
  • Nushrat Hashmi  CCN University of Science & Technology, Bangladesh
  • Nayan Kumar Sadhu CCN University of Science & Technology, Bangladesh
  • Md. Ali Imran CCN University of Science & Technology, Bangladesh
  • Abu Obida Rahid  CCN University of Science & Technology, Bangladesh
  • Ikbal Ahmed CCN University of Science & Technology, Bangladesh

DOI:

https://doi.org/10.46545/aijbms.v3i1.146

Keywords:

Green Banking, Corporate Social Responsibility, Corporate Environmental Responsibility, Sustainable development, Global warming.

Abstract

This research aims at keeping our planet safe which we are harming day by day by the advancement of modern civilization. In modern age, we are now vastly dependent on bank sector for our important activities. As a result, banks in Bangladesh are performing digitalize and effective activities to maintain a sound economy due to emphasize public services for profits. In this study the authors found that profit should not be earned at the expense of the world's most pressing environmental problem which can be caused a climate change through global warming. Western countries have already thought out of the box and introduced green banking for sustainable development. Sampling framed and statistical tools used by researchers and reveals that green banking (GB) is not only corporate social responsibility (CSR) but also in broader sense of corporate environmental responsibility (CER). It also explains the main objective of green banking is to keep the world livable without any significant damage. Specifically, we already have seen the light. But we have to adopt this idea for all commercial Bank either public or private.

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Author Biographies

  • Noorjahan Begum, CCN University of Science & Technology, Bangladesh

    Lecturer

    Dept. of BBA

    CCN University of Science & Technology, Bangladesh

     

  • Md. Mazharul Islam Bhuiyan, CCN University of Science & Technology, Bangladesh

    Lecturer

    Dept. of BBA

    CCN University of Science & Technology, Bangladesh

  • Nushrat Hashmi,  CCN University of Science & Technology, Bangladesh

    Lecturer

    Dept. of Mathematics

     CCN University of Science & Technology, Bangladesh

     

  • Nayan Kumar Sadhu, CCN University of Science & Technology, Bangladesh

    Lecturer

    Dept. of BBA

    CCN University of Science & Technology, Bangladesh

  • Md. Ali Imran, CCN University of Science & Technology, Bangladesh

    Lecturer

    Dept. of BBA

     CCN University of Science & Technology, Bangladesh

  • Abu Obida Rahid,  CCN University of Science & Technology, Bangladesh

    Lecturer

    Dept. of BBA

     CCN University of Science & Technology, Bangladesh

  • Ikbal Ahmed, CCN University of Science & Technology, Bangladesh

    Lecturer

    Dept. of CSE

    CCN University of Science & Technology, Bangladesh

References

Bihari, S. C. (2011). Green banking–socially responsible banking in India. The India Banker, 6(1), 32-37.

Chowdhury, M. A. A., & Dey, M. (2016). Green banking Practices in Bangladesh. The Cost and Management, 44(2), 34-39.

Chen, Z., Hossen, M. M., Muzafary, S. S., & Begum, M. (2018). Green banking for environmental sustainability-present status and future agenda: Experience from Bangladesh. Asian Economic and Financial Review, 8(5), 571.

Hoque, N., Mowla, M., Uddin, M. S., Mamun, A., & Uddin, M. R. (2019). Green Banking Practices in Bangladesh: A Critical Investigation, International Journal of Economics and Finance, 11(3), 58-68.

Masud, M., Kaium, A., Hossain, M. S., & Kim, J. D. (2018). Is green regulation effective or a failure: comparative analysis between Bangladesh Bank (BB) green guidelines and global reporting initiative guidelines. Sustainability, 10(4), 1267.

Thombre, K. A. (2011). The new face of banking: Green banking. Research Paper–Commerce, 1(2), 1-4.

Ullah, M. S. (2014). Green Banking in Bangladesh: Progress, Problems and Prospects. NIBM, Prajnan, 43(1).

Verma, M. K. (2012). Green banking: a unique corporate social responsibility of India Banks. International Journal of Research in Commerce & Management, 3(1), 110-114.

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Published

2021-08-20

Issue

Section

Original Articles/Review Articles/Case Reports/Short Communications

How to Cite

GREEN BANKING: AN INDISPENSABLE STEP FOR THE BANK TO SAVE OUR ENVIRONMENT. (2021). American International Journal of Business and Management Studies , 3(1), 1-11. https://doi.org/10.46545/aijbms.v3i1.146

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