Assessing sustainable development goals implementation at the business level: evidence from leading european banks

The United Nations’ Sustainable Development Goals (SDGs) reflect grand challenges the global community needs to address if we are to ensure economic welfare, environmental quality as well as social cohesion and prosperity for future generations. In this respect, the role of the Banking Sector, among...

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Main Authors: Avrampou, Anna, Αβράμπου, Άννα
Other Authors: Skouloudis, Antonios
Language:English
Published: 2019
Subjects:
Online Access:http://hdl.handle.net/11610/19373
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author Avrampou, Anna
Αβράμπου, Άννα
author2 Skouloudis, Antonios
author_facet Skouloudis, Antonios
Avrampou, Anna
Αβράμπου, Άννα
author_sort Avrampou, Anna
collection DSpace
description The United Nations’ Sustainable Development Goals (SDGs) reflect grand challenges the global community needs to address if we are to ensure economic welfare, environmental quality as well as social cohesion and prosperity for future generations. In this respect, the role of the Banking Sector, among other critical business entities and key stakeholders, is vital. The purpose of this paper is to examine the reported performance of banks over SDG endorsement, by employing a comparative assessment methodology relying on the well-established indicators of the Global Reporting Initiative (GRI) disclosed in stand-alone sustainability reports. Focusing on a small sample of leading European Banks in terms of sustainability management, we find that they disclose low contribution to SDGs in their reports along with considerably heterogeneous contribution to each SDGs. The most comprehensively reported SDGs tend to be linked to existing bank strategies while the critical importance of GRI indicators with multifaceted impact across several SDGs seem to be overlooked. The paper highlights managerial implications in terms of effectively improving reported SDG performance along with future research perspectives on SDG monitoring and performance appraisal within the enterprise.
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spelling oai:hellanicus.lib.aegean.gr:11610-193732025-03-17T10:59:37Z Assessing sustainable development goals implementation at the business level: evidence from leading european banks Avrampou, Anna Αβράμπου, Άννα Skouloudis, Antonios Evangelinos, Konstantinos Σκουλούδης, Αντώνιος Ευαγγελινός, Κωνσταντίνος Περιβαλλοντική Πολιτική και Διατήρηση Βιοποικιλότητας Sustainable Development Goals (SDGs) Banking Sector Global Reporting Initiative (GRI) guidelines quantitative study sustainability Economic policy Economic development Sustainable development Sustainable development reporting The United Nations’ Sustainable Development Goals (SDGs) reflect grand challenges the global community needs to address if we are to ensure economic welfare, environmental quality as well as social cohesion and prosperity for future generations. In this respect, the role of the Banking Sector, among other critical business entities and key stakeholders, is vital. The purpose of this paper is to examine the reported performance of banks over SDG endorsement, by employing a comparative assessment methodology relying on the well-established indicators of the Global Reporting Initiative (GRI) disclosed in stand-alone sustainability reports. Focusing on a small sample of leading European Banks in terms of sustainability management, we find that they disclose low contribution to SDGs in their reports along with considerably heterogeneous contribution to each SDGs. The most comprehensively reported SDGs tend to be linked to existing bank strategies while the critical importance of GRI indicators with multifaceted impact across several SDGs seem to be overlooked. The paper highlights managerial implications in terms of effectively improving reported SDG performance along with future research perspectives on SDG monitoring and performance appraisal within the enterprise. 2019-09-16T10:33:46Z 2019-09-16T10:33:46Z 2018-05 http://hdl.handle.net/11610/19373 en Default License 28 p. application/pdf Μυτιλήνη
spellingShingle Sustainable Development Goals (SDGs)
Banking Sector
Global Reporting Initiative (GRI) guidelines
quantitative study
sustainability
Economic policy
Economic development
Sustainable development
Sustainable development reporting
Avrampou, Anna
Αβράμπου, Άννα
Assessing sustainable development goals implementation at the business level: evidence from leading european banks
title Assessing sustainable development goals implementation at the business level: evidence from leading european banks
title_full Assessing sustainable development goals implementation at the business level: evidence from leading european banks
title_fullStr Assessing sustainable development goals implementation at the business level: evidence from leading european banks
title_full_unstemmed Assessing sustainable development goals implementation at the business level: evidence from leading european banks
title_short Assessing sustainable development goals implementation at the business level: evidence from leading european banks
title_sort assessing sustainable development goals implementation at the business level evidence from leading european banks
topic Sustainable Development Goals (SDGs)
Banking Sector
Global Reporting Initiative (GRI) guidelines
quantitative study
sustainability
Economic policy
Economic development
Sustainable development
Sustainable development reporting
url http://hdl.handle.net/11610/19373
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