Environmental Risk Management and Its Importance for the Stability of the Banking Sector

The aim of the study is to identify the nature and importance of environmental risk to the stability and safety of the banking sector and to demonstrate the interdependence between these categories. The tools of environmental risk management have been identified and assessed. Also, the ways of mit...

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Main Author: EnvironmentalMagdalena Zioło
Format: Article
Language:English
Published: Wydawnictwo Naukowe Wydziału Zarządzania Uniwersytetu Warszawskiego 2017-04-01
Series:Problemy Zarządzania
Subjects:
Online Access:https://pz.wz.uw.edu.pl/resources/html/article/details?id=169655
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author EnvironmentalMagdalena Zioło
author_facet EnvironmentalMagdalena Zioło
author_sort EnvironmentalMagdalena Zioło
collection DOAJ
description The aim of the study is to identify the nature and importance of environmental risk to the stability and safety of the banking sector and to demonstrate the interdependence between these categories. The tools of environmental risk management have been identified and assessed. Also, the ways of mitigating this risk in the sector have been pointed out. Special attention has been paid to the imperfection of regulations on environmental risks and the consequences of this phenomenon for the stability of banks. Finally, the need for changes in this field has been stressed. The article uses the bibliographical analysis to diagnose the research gap in the existing literature and demonstrates that the inclusion of environmental risk in the regulations, suggestions, recommendations, and banking procedures, in particular in the creditworthiness assessment process, results in minimizing environmental risks in banking and impacts banks’ financial results.
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spelling doaj.art-6a292f2757784ff18c717a7f0de7cdf82022-12-22T03:30:23ZengWydawnictwo Naukowe Wydziału Zarządzania Uniwersytetu WarszawskiegoProblemy Zarządzania1644-95842300-87922017-04-01151(66) t.292106DOI:10.7172/1644-9584.66.6Environmental Risk Management and Its Importance for the Stability of the Banking SectorEnvironmentalMagdalena Zioło0Uniwersytet Szczeciński, Wydział Zarządzania i Ekonomiki Usług, Katedra Bankowości i Finansów PorównawczychThe aim of the study is to identify the nature and importance of environmental risk to the stability and safety of the banking sector and to demonstrate the interdependence between these categories. The tools of environmental risk management have been identified and assessed. Also, the ways of mitigating this risk in the sector have been pointed out. Special attention has been paid to the imperfection of regulations on environmental risks and the consequences of this phenomenon for the stability of banks. Finally, the need for changes in this field has been stressed. The article uses the bibliographical analysis to diagnose the research gap in the existing literature and demonstrates that the inclusion of environmental risk in the regulations, suggestions, recommendations, and banking procedures, in particular in the creditworthiness assessment process, results in minimizing environmental risks in banking and impacts banks’ financial results.https://pz.wz.uw.edu.pl/resources/html/article/details?id=169655environmental riskbankingmanagement
spellingShingle EnvironmentalMagdalena Zioło
Environmental Risk Management and Its Importance for the Stability of the Banking Sector
Problemy Zarządzania
environmental risk
banking
management
title Environmental Risk Management and Its Importance for the Stability of the Banking Sector
title_full Environmental Risk Management and Its Importance for the Stability of the Banking Sector
title_fullStr Environmental Risk Management and Its Importance for the Stability of the Banking Sector
title_full_unstemmed Environmental Risk Management and Its Importance for the Stability of the Banking Sector
title_short Environmental Risk Management and Its Importance for the Stability of the Banking Sector
title_sort environmental risk management and its importance for the stability of the banking sector
topic environmental risk
banking
management
url https://pz.wz.uw.edu.pl/resources/html/article/details?id=169655
work_keys_str_mv AT environmentalmagdalenazioło environmentalriskmanagementanditsimportanceforthestabilityofthebankingsector