THE ROLE OF GREEN BANKING

FOR SUSTAINABLE DEVELOPMENT

INTRODUCTION

• Today’s business is all about being green. From Walmart to Apple, everyone is talking about how green their approach, packaging, or methods are. But green business is really in its infancy, and the future of being green will no doubt distill down to some very real and definable goals and practices.

Renewable Energy Sources.

PV, BIOMASS, WIND, GEOTHERMAL,

SOLARTHERMAL, SMALL HYDRO

ECO-TOURISM

AGRO-TOURISM

ENERGY EFFICIENCY ECO-BUILDING, GREEN BUILDING MATERIALS, ENERGY INSPECTORS

ORGANIC FARMINGPRODUCTION, PACKAGING,

DISTRIBUTION, SALES, CERTIFICATION, etc.

“GREEN” CHEMISTRY PRODUCTS

NATURAL COSMETICS, BIOPOLYMERS,”GREEN”

DETERGENTS, etc

WASTE MngmntRECYCLING, COMPOSTING, etc.

FINANCIAL SERVICESGREEN BANKING PRODUCTS, MUTUAL FUNDS, INSURANCE

PRODUCTS, etc.

GREEN BUSINESS

FINANCIAL SERVICES

• Banks.• Credit Card Companies.• Insurance Companies. • Consumer Finance Companies.• Stock Brokerages.• Investment Funds.

BANK

A bank is a financial intermediary that accepts deposits and channels those deposits into lending activities, either directly or through capital markets. A bank connects customers with capital deficits to customers with capital surpluses.

Do Banks have impact on the environment?

THINK……

A BIG YES!!!

LET US SEE HOW

A bank uses the following resources in the day today operation which are the part of the environment such as

Buildings (land)

Energy Consumption

Paper Consumption

Water Consumption

What can we do about those operational

environmental impacts? 1. Find out who is gathering the bills

and receipts (find our sources of data)

2. Set our limits (boundary setting in space and time)

3. Manage the data

GREEN BANKING

• Green Banking helps to create effective and far-reaching market-based solutions to address a range of environmental problems, including climate change, deforestation, air quality issues and biodiversity loss, while at the same time identifying and securing new business opportunities that benefit customers.

ExamplesGreen car loans, energy efficiency

mortgages, alternative energy venture capital, eco-savings deposits,

“green” credit cards, etc.

METHODS OF ADOPTING GREEN BANKING

• Net Banking.

• Credit and Debit Cards.

• Online Bill Payment.

• Electronic Fund Transfer.

• Mobile Banking.

BENEFITS OF GREEN BANKING

• Avoids Paper Work.• Creating Awareness to Business people

about Environmental and Social responsibility.

• Environmental Standards for lending.• Loans at comparatively lesser rates.

ATTAINING SUSTAINABLE DEVELOPMENT

•Awareness

•Education

AWARNESS

Awareness can be created through communication.

The first step would be defining Target groups

and means of Communication.

Target groups Means Managers Weekly green news on intranet Personnel E-learning programme

High level meetings Bank’s newsletters/ publications

Clients Website Subsidiaries Capacity building General public Road shows

Events-meetings Benchmarking Media

Internal

External

EDUCATION

Interactive E-learning Programs.

Interactive Internet Applications.

Special fields on the Internet.

Participation in Conferences and Meetings.

Publication of Information Material

Annual Environmental Report.

STEPS THAT CAN BE ADOPTED BY BANKS TO

ENCOURAGE GREEN BANKING

Construct a Website&Spread the News

Educate through the Bank’s Intranet and Public Website

Participate in Events.

Set up outlets to promote green

business.

Communicate through the Press.

Disseminate info through Leaflets.

DONE BY:Mrs. P. Radhika.

Mrs. Kavitha Ramu. Lecturer.Tina.G,

SG.Suryah.Student

Dept. of Management SciencesPSG College of Arts & Science