
Sustainable banking
Sustainable banking refers to financial practices that prioritize environmental integrity, social responsibility, and economic viability. It involves banks making lending and investment decisions that consider their impact on the planet and society, such as funding renewable energy projects or supporting local communities. These banks aim to balance profit with purpose, promoting long-term sustainability rather than short-term gains. By integrating environmental, social, and governance (ESG) factors into their operations, sustainable banks contribute to a more sustainable economy and help address issues like climate change and inequality.