ENVIRONMENTAL HAZARDS AND RISK MANAGEMENT IN THE FINANCIAL SECTOR: A SYSTEMATIC LITERATURE REVIEW

被引：40
|
作者：
Breitenstein, Miriam [1 ]
Nguyen, Duc Khuong [2 ,3 ]
Walther, Thomas [1 ,4 ]
机构：
[1] Tech Univ Dresden, Dresden, Germany
[2] Vietnam Natl Univ, IPAG Business Sch, Hanoi, Vietnam
[3] Vietnam Natl Univ, Int Sch, Hanoi, Vietnam
[4] Univ Utrecht, Utrecht, Netherlands
来源：
JOURNAL OF ECONOMIC SURVEYS | 2021年 / 35卷 / 02期
关键词：
Banking; Climate; Environment; Financial Institutions; Risk Management; CLIMATE-CHANGE; CARBON RISK; COST; RESPONSIBILITY; PERFORMANCE; INSURANCE; AWARENESS; INDUSTRY; IMPACT; ESG;
D O I：
10.1111/joes.12411
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
We conduct a systematic literature review on environmental and climate-related risk management in the financial sector. We classify the current literature into three categories: (i) the impact of environmental concerns on financial risk; (ii) the current state of environmental risk practices in the financial sector; and (iii) measures to assess the financial exposure to environmental risks. We find that financial institutions can reduce their risk exposure by highly committing with environmental responsibility and performance. Moreover, the increase in willingness to assess climate-related financial risk incentivizes corporate managers to adopt more proactive environmental policies and practices.
引用
收藏
页码：512 / 538
页数：27
相关论文
共 50 条
  • [21] Organizational change for environmental, social, and financial sustainability: A systematic literature review
    Syed Awais Ahmad Tipu
    Review of Managerial Science, 2022, 16 : 1697 - 1742
  • [22] Organizational change for environmental, social, and financial sustainability: A systematic literature review
    Tipu, Syed Awais Ahmad
    REVIEW OF MANAGERIAL SCIENCE, 2022, 16 (06) : 1697 - 1742
  • [23] Financial development and environmental quality in developed countries: a systematic literature review
    Wijethunga, Ambepitiya Wijethunga Gamage Champa Nilanthi
    Rahman, Mohammad Mafizur
    Sarker, Tapan
    ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH, 2023, 30 (56) : 118950 - 118963
  • [24] Mitigation and financial risk management for natural hazards
    Kunreuther, H
    GENEVA PAPERS ON RISK AND INSURANCE-ISSUES AND PRACTICE, 2001, 26 (02): : 277 - 296
  • [25] Mitigation and Financial Risk Management for Natural Hazards
    Howard Kunreuther
    The Geneva Papers on Risk and Insurance - Issues and Practice, 2001, 26 : 277 - 296
  • [26] SAFETY MANAGEMENT SYSTEM AND HAZARDS IN THE AIRCRAFT MAINTENANCE INDUSTRY: A SYSTEMATIC LITERATURE REVIEW
    Tyagi, Alok
    Tripathi, Rajesh
    Bouarfa, Soufiane
    AVIATION, 2023, 27 (03) : 212 - 224
  • [27] The effects of continuing public sector management education: a systematic literature review
    Sorensen, Peter
    INTERNATIONAL JOURNAL OF PUBLIC SECTOR MANAGEMENT, 2023, 36 (4/5) : 300 - 314
  • [28] The Relationship between Environmental Characteristics and Risk Management Practices on Produce Farms: A Systematic Literature Review
    Jayawardhana, Dilhani Nisansala
    Cao, Loan Thi Thanh
    Yeargin, Thomas A.
    Gibson, Kristen E.
    Fraser, Angela M.
    AGRICULTURE-BASEL, 2020, 10 (12): : 1 - 21
  • [29] Risk management in aviation maintenance: A systematic literature review
    Mendes, Naila
    Vieiraa, Jose Geraldo Vidal
    Mano, Aline Patricia
    SAFETY SCIENCE, 2022, 153
  • [30] ADOPTION OF RISK MANAGEMENT IN SMES: A SYSTEMATIC LITERATURE REVIEW
    Lima, Ferreira de Araujo Priscila
    Verbano, Chiara
    Crema, Maria
    GLOBAL AND NATIONAL BUSINESS THEORIES AND PRACTICE: BRIDGING THE PAST WITH THE FUTURE, 2017, : 2111 - 2114
12345