This special issue focuses on exploring the transformative role of green banking, finance, and insurance in advancing environmental sustainability and social responsibility within the global financial sector.
Guest editors:
Prof. Khaled GUESMI, CRECC Paris School of Business, France, k.guesmi@psbedu.paris
Special issue information:
In an era characterized by unprecedented environmental challenges and a global commitment to sustainable development, the financial sector stands at the forefront of transformative change. The intersection of Sustainability, Environment, and Social Transition in Economics and Finance has become a focal point for academia, industry, and policymakers alike (Campiglio et al., 2018; Chen et al., 2021; Flammer et al., 2019). Within this context, the International Review of Financial Analysis is proud to announce a compelling call for papers for a special issue dedicated to unraveling the complexities of "Green Banking, Finance, and Insurance."
The advent of sustainable finance marks a paradigm shift, where financial institutions actively engage in initiatives that promote ecological integrity and social well-being (Chen et al., 2021). As the global community rallies towards a more sustainable future, this special issue seeks to explore how the financial sector is embracing and reshaping its role in fostering environmental and social sustainability.
Unveiling innovative financial instruments is critical in understanding the intricate interplay between finance and environmental responsibility (Bourcet & Bovari, 2020; Wen et al., 2021). This special issue encourages contributions that evaluate the development and impact of green financial products, shedding light on their effectiveness, market dynamics, and the overall transformation of financial landscapes through sustainable investment vehicles (Flammer et al., 2019).
Climate change poses significant risks to both the global economy and financial institutions (Campiglio et al., 2018; Chen et al., 2021). This issue invites research on the identification, assessment, and management of climate-related financial risks, as well as the regulatory frameworks shaping these responses (Campiglio et al., 2018; Polzin et al., 2021). Examining financial institutions' strategies for mitigating climate risks will contribute to building resilience and fostering sustainability within the sector.
The corporate landscape is witnessing a fundamental shift in financial decision-making, with climate considerations becoming integral to corporate strategies (Hillier et al., 2011; Liu & Feng, 2023). This special issue delves into how corporations incorporate climate considerations into their financial decision-making processes, financing strategies for sustainable projects, and the broader impact on firm valuation (Liu et al., 2021).
The ongoing energy transition introduces both challenges and opportunities for financial markets (Knoefel et al., 2018; Vermeulen et al., 2021). By exploring the financial challenges and opportunities for energy companies, this special issue aims to unravel the complexities of sustainable financing options and corporate finance strategies tailored to navigate the intricate landscape of renewable energy projects (Vermeulen et al., 2021).
The role of Corporate Social Responsibility (CSR) is integral to the sustainability discourse (Flammer et al., 2019). This issue welcomes research exploring the impact of CSR on financial performance, sustainability reporting practices, and the broader financial implications of socially responsible business practices (Liu et al., 2021).
We extend a warm invitation to academics, researchers, and practitioners to contribute original research articles, review papers, and case studies that will enrich our understanding of these critical themes. Manuscripts should align with the International Review of Financial Analysis guidelines and be submitted through the online submission system.
We invite submissions addressing, but not limited to, the following topics:
Green Banking, Finance, and Insurance:
Integration of sustainability in banking operations
Development and impact of green financial products
Role of insurance in promoting climate-resilient practices
Green Investments and Financial Instruments:
Evaluation of green investment opportunities
Performance analysis of sustainable financial instruments
Market dynamics of green bonds and other sustainable securities
Climate Risks: Management and Regulation:
Identification and assessment of climate-related financial risks
Regulatory frameworks for managing climate risks in the financial sector
Financial institutions' strategies for climate risk mitigation
Climate Corporate Finance:
Incorporating climate considerations in corporate financial decision-making
Financing strategies for climate-friendly projects
Impact of climate-related factors on firm valuation
Corporate Finance for Energy Companies:
Financial challenges and opportunities in the energy transition
Sustainable financing options for energy companies
Corporate finance strategies for renewable energy projects
Corporate Social Responsibility and Sustainability:
The impact of corporate social responsibility on financial performance
Sustainability reporting and disclosure practices
Financial implications of socially responsible business practices