title: Sustainable banking: conceptualization and implementation practice
metadata.name: dc.contributor.author
metadata.value: Kanaev, Alexander V.
metadata.lang: -
metadata.name: dc.contributor.author
metadata.value: Kanaeva, Olga A.
metadata.lang: -
metadata.name: dc.date.accessioned
metadata.value: 2019-11-26T10:33:02Z
metadata.lang: -
metadata.name: dc.date.available
metadata.value: 2019-11-26T10:33:02Z
metadata.lang: -
metadata.name: dc.date.issued
metadata.value: 2019-09
metadata.lang: -
metadata.name: dc.identifier.citation
metadata.value: Kanaev, A. V., Kanaeva, O. A. (2019) Sustainable banking: conceptualization and implementation practice. St Petersburg University Journal of Economic Studies, vol. 35, issue 3, pp. 448–479.
metadata.lang: en_GB
metadata.name: dc.identifier.other
metadata.value: https://doi.org/10.21638/spbu05.2019.306
metadata.lang: -
metadata.name: dc.identifier.uri
metadata.value: http://hdl.handle.net/11701/16638
metadata.lang: -
metadata.name: dc.description.abstract
metadata.value: The article explores the actively developing and little-investigated phenomenon of a modern
  financial system termed “sustainable banking.” The relevance of the study is due to a number
  of circumstances: first, awareness of the growing importance of sustainable (responsible) financing
  as key driver of sustainable development for solving large-scale economic, social, and
  environmental problems; second, the lack of a generally accepted holistic system of views on
  sustainable banking, the content of relevant concepts, which indicates that its conceptualization
  is incomplete; third, scholarly and public interest in foreign banks’ modern practices of
  sustainable development, which opens up broad opportunities for Russian banks to use their
  experience. This article determines the direction of sustainable banking, reveals the content
  of its conceptualization, and identifies features of the formation of this phenomenon in Russia.
  By sustainable banking, the authors understand processes of theoretical comprehension
  and generalization of the practice of banks that declare a commitment to ideas of sustainable development, leading to the formation of ideas about this phenomenon and formation of a
  relevant system of concepts. The article describes current approaches to sustainable banking;
  shows the most important international initiatives for incorporating ideas and principles of
  sustainable development into activities of financial institutions, as well as practical steps taken
  by various financial institutions (development banks, traditional banks and so-called nontraditional
  banks, known as sustainable banks) for integrating principles of sustainable development
  into strategies and bank operations. The authors conclude that this integration and
  the development of sustainable banks allows us to speak of the formation of a special business
  model of responsible business conduct — a sustainable banking model. A separate section is
  devoted to an analysis of the situation in the area in question and identification of measures to
  enhance the role of banks in ensuring responsible financing in Russia.
metadata.lang: en_GB
metadata.name: dc.language.iso
metadata.value: ru
metadata.lang: en_GB
metadata.name: dc.publisher
metadata.value: St Petersburg State University
metadata.lang: en_GB
metadata.name: dc.relation.ispartofseries
metadata.value: St Petersburg University Journal of Economic Studies;Volume 35; Issue 3
metadata.lang: -
metadata.name: dc.subject
metadata.value: development banks
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: “green” banking
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: inclusive growth
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: Islamic banks
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: responsible finance
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: responsible investments
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: risk management
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: project financing
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: sustainable development
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: sustainable banking
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: sustainable finance
metadata.lang: en_GB
metadata.name: dc.title
metadata.value: Sustainable banking: conceptualization and implementation practice
metadata.lang: en_GB
metadata.name: dc.type
metadata.value: Article
metadata.lang: en_GB
resources.filename: 448-479.pdf
resources.url: https://dspace.spbu.ru/bitstream/11701/16638/1/448-479.pdf
resources.format: Adobe PDF
resources.size: 808,8 kB