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Sustainable Banking and Sustainable Living: How to incentivize the Private Sector towards Energy-Efficient Alternatives

Carlesso, Marta (2020) Sustainable Banking and Sustainable Living: How to incentivize the Private Sector towards Energy-Efficient Alternatives. Master thesis, Sustainable Entrepreneurship (SE).

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Abstract

Over the past years, people are becoming more concerned about social and environmental issues. Leaders in the financial services industry are promoting more energy-efficient practices and creating appropriate governance structures to appease shareholders and consumers. Banks integrate sustainability in their operations through innovative initiatives and offer specific products and services to customers and businesses to pursue environmental and social responsibility. These practices are defined by the term “Sustainable Banking”: the financial sector is moving towards sustainable operations, meaning that profit maximization is combined with social and environmental goals. This study outlines the role of the banking sector in incentivizing the private sector towards energy-efficient options, as exemplified by the construction industry. Banks are complex financial organizations but they can influence customers towards a sustainable energy transition.

Item Type: Thesis (Master)
Name supervisor: Folmer, E.C.
Date Deposited: 16 Jun 2020 12:30
Last Modified: 16 Jun 2020 12:30
URI: https://campus-fryslan.studenttheses.ub.rug.nl/id/eprint/17

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