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Banking Business Strategies in the Paradigm of Digital Solutions and Sustainable Development Goals

In: Technology and Business Strategy

Author

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  • Galina Panova

    (Moscow State Institute of International Relations (MGIMO University))

Abstract

The theme of banking activity in the paradigm of achieving sustainable development goals—which is dictated, on the one hand, by the aggravation of environmental, social, and economic problems, and, on the other hand, by the desire to direct financial resources to their solution—has become particularly relevant in light of these modern challenges. Recent scientific research on this issue shows that a successful and profitable business cannot exist in the long term, neglecting the corporate culture and environmental care. The chapter analyzes banks’ approaches to the issues of achieving sustainable development goals in national and global financial markets; it also analyzes international initiatives aimed at solving global environmental and social problems by encouraging companies to comply with the principles of sustainable development and disclose information on the level of environmental, social, and corporate risks.

Suggested Citation

  • Galina Panova, 2021. "Banking Business Strategies in the Paradigm of Digital Solutions and Sustainable Development Goals," Springer Books, in: Igor Stepnov (ed.), Technology and Business Strategy, edition 1, chapter 0, pages 261-273, Springer.
    • Handle: RePEc:spr:sprchp:978-3-030-63974-7_19
    DOI: 10.1007/978-3-030-63974-7_19
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