Sustainable Finance and Banking

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Organization and CommunicationAbout Sustainability

INTRODUCTION

The road to sustainable banking involves organizational change. This can be achieved in an autonomous, ad hoc or structured way. The approach chosen will depend on the bank's current phase of sustainability or the stance it adopts with regard to sustainability (ie defensive, preventive, offensive or sustainable). An offensive or sustainable stance demands a completely different organizational structure than, for example, a preventive stance. An important question is whether sustainable behaviour is centrally or decentrally organized and thus where authorization and responsibilities lie. What is the role of employees and what is the role of the management or the board of directors? ...