Green
Banking defined as promoting environmental-friendly practices and reducing your
carbon footprint from your banking activities. Green banking thus involves a
two pronged approach. Firstly, green banking focuses on the green
transformation of internal operations of all banks. It means all the banks
should adopt appropriate ways of utilizing renewable energy, automation and
other measures to minimize carbon footprint from banking activities. Secondly,
all banks should adopt environmentally responsible financing; weighting up
environmental risks of project, before making financing decisions; and in
particular supporting and fostering growth of upcoming „green‟
initiatives and projects. Generally Green banking coverage includes:
Sustainable banking, Ethical banking, Green mortgages, Green loans, Green
credit cards, Green savings accounts, Green checking accounts, Green money
market accounts, Mobile banking, online banking, Remote deposit, Waste
Management, Roof Gardening, and Green Financing.
The
broad objective of the green banks are avoiding waste and giving priority to
environment and society. Focusing on environment-friendly initiatives by
providing innovative financial and ensure sustainable development. The main
objectives are:
1. Using
organizational resources with responsibility.
2. Keeping
the world livable for a long period of time.
3. To
minimize paper works as much as possible inside and outside the bank.
4.
To achieve cost and time efficiency.
0 comments:
Post a Comment