in Finance -
Banking on the Planet
by Marcel Jeucken
and finance play a fundamental role in public policy and economic
performance as well as in all forms of commerce and industry. They are
crucial in determining whether society - from governments to individual
consumers - succeeds in following an environmentally sustainable path.
However, those working in the financial
sector are largely unaware of the rationale and pressures for
sustainable development and its bearing on their work, while those in
the relevant research and policy areas commonly overlook how vital the
financial sector is for progress.
This book sets out to rectify the state of affairs detailed above, in a style which is also
accessible to those with no experience of sustainability or finance
issues. It provides a comprehensive account of their interdependence:
why the financial sector is crucial to achieving sustainability and why
the triple bottom line of commercial, environmental and social success
points the way forward for banking.
From a systematic assessment of major
banks around the world and in-depth case studies, the book presents an
analytical framework to understand current and possible future steps of
the financial sector towards sustainability issues. It provides a comprehensive account of
current best practice, an analysis of the differences in approach and
performance, and recommendations of actions and policies for improved
performance that will contribute to sustainable development.
The book contains three main
parts. The second part of the book is, though updated, largely based on
the book Sustainable Finance and Banking, also by Marcel Jeucken (2001).
More information, including recommendations and book reviews, about this book can be found