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

被引:37
|
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
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
  • [1] Systematic literature review of the risk management process literature for the public sector
    Federal University of Alfenas, Alfenas
    Minas Gerais, Brazil
    不详
    不详
    [J]. Adv. Intell. Sys. Comput, (865-882): : 865 - 882
  • [2] Systematic Literature Review of the Risk Management Process Literature for the Public Sector
    Salgado, Eduardo Gomes
    dos Anjos, Fabio Henrique
    da Silva, Vinicius Nogueira
    de Souza, Maik
    Sant'Ana, Tomas Dias
    de Souza Bermejo, Paulo Henrique
    Mendonca, Lucas Cezar
    Pinheiro, Iara Ferreira
    [J]. THIRD INTERNATIONAL CONGRESS ON INFORMATION AND COMMUNICATION TECHNOLOGY, 2019, 797 : 865 - 882
  • [3] Advances in Machine Learning for Financial Risk Management: A Systematic Literature Review
    Abdulla, Yaqoob Yusuf
    Al-Alawi, Adel Ismail
    [J]. 2024 ASU International Conference in Emerging Technologies for Sustainability and Intelligent Systems, ICETSIS 2024, 2024, (531-535):
  • [4] Machine learning in internet financial risk management: A systematic literature review
    Tian, Xu
    Tian, Zongyi
    Khatib, Saleh F. A.
    Wang, Yan
    [J]. PLOS ONE, 2024, 19 (04):
  • [5] Systematic literature review: Characteristics of confined space hazards in the construction sector
    Arifin, Kadir
    Ahmad, Mohd Akhir
    Abas, Azlan
    Ali, Mohamad Xazaquan Mansor
    [J]. RESULTS IN ENGINEERING, 2023, 18
  • [6] Environmental accounting in the public sector: a systematic literature review
    Tommasetti, Aurelio
    Maione, Gennaro
    Bignardi, Andrea
    Lentini, Pietro
    [J]. INTERNATIONAL JOURNAL OF BUSINESS ENVIRONMENT, 2023, 14 (02) : 164 - 182
  • [7] Risk management and management accounting control systems in public sector organizations: a systematic literature review
    Bracci, Enrico
    Mouhcine, Tallaki
    Rana, Tarek
    Wickramasinghe, Danture
    [J]. PUBLIC MONEY & MANAGEMENT, 2022, 42 (06) : 395 - 402
  • [8] INFORMATION TECHNOLOGY COMPETENCY MANAGEMENT IN FINANCIAL SECTOR: LITERATURE REVIEW
    Supe, Lasma
    Natrins, Andris
    Mikelsone, Elina
    Sarnovics, Andris
    [J]. RESEARCH FOR RURAL DEVELOPMENT 2019, VOL 2, 2019, : 268 - 275
  • [9] Talent Management in the Banking Sector: A Systematic Literature Review
    Theodorsson, Unnar
    Gudlaugsson, Thorhallur
    Gudmundsdottir, Svala
    [J]. ADMINISTRATIVE SCIENCES, 2022, 12 (02)
  • [10] Knowledge management in the agriculture sector: a systematic literature review
    Tumwebaze, Rebecca P.
    Walsh, John N.
    Lannon, John
    [J]. KNOWLEDGE MANAGEMENT RESEARCH & PRACTICE, 2024,