How sustainable banking fosters the SDG 10 in weak institutional environments

Úbeda, Fernando; Forcadell, Francisco Javier; Aracil, Elisa; Méndez, Álvaro

doi:10.1016/j.jbusres.2022.03.065

Cited by 30 publications

(15 citation statements)

References 68 publications

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“…The existing interpretation aims AI at combating crisis phenomena in economic systems; therefore, it is most appropriate to call it anti-crisis AI (Benaben et al, 2020;De Nicola et al, 2020;Wang et al, 2020;Prahl and Goh, 2021;Shakira Fathima and Dilshad Begum, 2021;Hernandez et al, 2022;Simeonovski et al, 2022;Wang, 2022). The concept of "sustainability," in turn, is rooted in environmental protection, to which most of the UN SDGs are devoted (Buonomano et al, 2022;Carayannis et al, 2022;Maheshwari et al, 2022;Úbeda et al, 2022). Therefore, from the standpoint of environmental economics and management, a new interpretation of sustainable AI as a "smart" environmental protection technology is proposed.…”

Section: Sustainable Ai: Rethinking From the Perspective Of Environme...mentioning

confidence: 99%

Sustainable AI in environmental economics and management: Current trends and post-COVID perspective

Lobova

Bogoviz²,

Alekseev³

2022

Front. Environ. Sci.

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Section: Sustainable Ai: Rethinking From the Perspective Of Environme...mentioning

confidence: 99%

Sustainable AI in environmental economics and management: Current trends and post-COVID perspective

Lobova

Bogoviz²,

Alekseev³

2022

Front. Environ. Sci.

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“…In general, the aims for the planet are to ensure responsible production and consumption in order to protect the ecosystem from depletion and deterioration and to reduce hunger and poverty among people (Suchodolski et al., 2022). Moreover, a worldwide conference has been established by a number of nations as a cooperative effort to bring together the people and organizations engaged in research and applications related to the transition from conventional to sustainable production and consumption practices (Úbeda et al., 2022). Samour and Pata (2022) posited that the usage of fossil fuels has a negative influence on the environment.…”

Section: Introductionmentioning

confidence: 99%

“…The incorporation of sustainability into the company's current and future policies is among the most important and difficult problems. All interested parties are extremely concerned about the preservation of the environment due to the rising annual generation of tonnes of greenhouse gases (Úbeda et al., 2022). The banks and financial organizations must integrate environmental responsibility into long‐term business practices, just like other industries (Kumar & Prakash, 2020; Wellalage & Kumar, 2021).…”

Section: Introductionmentioning

confidence: 99%

Understanding the sustainable banking practices: Empirical evidence from an emerging economy

Gautam

2023

Int Social Sci J

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The objective of the current study was to design and test a conceptual framework for examining the drivers of customer intentions to use sustainable banking practices and services. This research applied the theory of planned behaviour, adding environmental knowledge (ENK) as a construct in addition to its fundamental variables. The primary data was acquired using a field survey method from a cross‐sectional sample of 207 Indian bank customers. Covariance‐based structural equation modelling technique was employed to test the study model. The findings demonstrated that one's attitude towards sustainable banking services is significantly influenced by one's ENK. No evidence of a significant mediation function for attitude towards sustainable banking services was found, which would have provided empirical support for the indirect relationship between ENK and purchase intentions. The findings also confirmed that purchasing intentions had a significant impact on actual behaviour. In particular, female bank customers showed higher levels of effects of consumer perceived efficacy and control over availability on buy intentions. The findings imply that bank managers should employ a sensible combination of old and modern communication channels to emphasize the value of a pollution‐free environment to the public.

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“…By focusing on the last case, it is identified that current studies focus on examining sustainability performance of banking institutions towards triple-bottom-line and lately sustainable development goals (SDGs). Many studies have focused on examining how banks promote SDGs overall (Scheyvens et al 2016 ; Suchodolski et al 2022 ) and some specific SDG goals such as SDG 10 (Úbeda et al 2022 ). Specially, the SDGs include a set of 17 goals suitable for promoting successful solutions for various economic, social, and environmental aspects.…”

Section: Introductionmentioning

confidence: 99%

The role of customers’ awareness towards the sustainable development goals (SDGs) of banks on their behavior

Stauropoulou

Sardianou

Malindretos

et al. 2022

Environ Sci Pollut Res

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Banks and sustainable development have lately gone hand in hand. Of late, banks have focused on sustainable management in order to improve their environmental footprint, to eliminate financial risks, to promote social issues, and to exploit new opportunities. The sustainable development management of organizations attracts new customers over and above conventional institutions thus leading to greater market share and increased revenues. This paper aims to examine if and how sustainable development goals (SDGs) adopted by banking institutions play a role in customers’ decisions and behavior. The way that banks, SDGs, and sustainable image affect customer behavior, attitudes, trust, loyalty, satisfaction, and perceived fair pricing policy is assessed. To this end, 1084 questionnaires were collected and the PLS-SEM method was utilized. The findings show a positive relationship between the stance of banks relating to SDGs and customer trust, loyalty, and perceived fair pricing policy. Finally, the SDGs adopted by banks are an important strategic tool which strengthens relationship with their customers.

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How sustainable banking fosters the SDG 10 in weak institutional environments

Cited by 30 publications

References 68 publications

Sustainable AI in environmental economics and management: Current trends and post-COVID perspective

Sustainable AI in environmental economics and management: Current trends and post-COVID perspective

Understanding the sustainable banking practices: Empirical evidence from an emerging economy

The role of customers’ awareness towards the sustainable development goals (SDGs) of banks on their behavior

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