Finance and Sustainability

Running Head: FINANCE AND SUSTAINABILITY
FINANCE AND SUSTAINABILITY
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1FINANCE AND SUSTAINABILITY
Table of Contents
Literature Review.......................................................................................................................2
Sustainability..........................................................................................................................2
Stakeholders...........................................................................................................................4
Banking Sector.......................................................................................................................5
Research Model..........................................................................................................................6
Contributions..............................................................................................................................7
Reference....................................................................................................................................8

2FINANCE AND SUSTAINABILITY
Literature Review
Sustainability
World commission on Environment and Development (1987) has highlighted the
impact of the business activities of the company on the society and the environment. It was
due to this there was growing awareness internationally for these impacts that resulted in the
introduction of the concept of sustainable development. The sustainability development is
much far from being the definitive harmony condition, it is considered rather the process of
the change, exploitations of the resources, investments directions, technological development
orientations and changes in the institutions are made consistent with the current needs as well
as future needs. According to Souad S. Moufty, it is difficult to achieve corporate
sustainability without engagement of the different groups of stakeholders as well as
implementations of the strategy of the sustainability (Moufty, 2017). According to Michael
Carley, in the world where there is the problems of environmental are spill across the
administrative, political and disciplinary boundaries, it has become pressing need for the clear
understanding of the organizations kinds, structures of management and the approaches of
policy making that are required for bringing equitable socially as well as ecologically
sustainable development. According to Goran Ingvar Broman, the framework for the strategic
sustainable development has proved for aid the organizations in the thorough understanding
as well as putting themselves in context of challenge of global sustainability and moving
themselves towards the strategically sustainability (Broman & Robèrt, 2017).
Sustainability and Stakeholders
Sustainability and stakeholders are closely related, it is due to the fact that, without
taking into account the stakeholders, it is difficult to achieve sustainability. According to
Belen, the transparency of the sustainability is generally affected by the companies’