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This book explores the ways in which banks are integrating sustainability into their organizational structure with particular focus on the strategic positioning and execution of sustainable practices. Through comprehensive analysis, the authors evaluate the advantages and disadvantages of these sustainability initiatives, revealing the complex implications, challenges, and opportunities that arise from embedding these principles at the core of banking operations. Enhanced by real-world case studies and enriched with interviews from 14 industry professionals, the book offers a unique blend of theoretical depth and practical insights to researchers, scholars, academics, professionals, and policymakers in the banking sector.
List of contents
.- Introduction to Sustainability in Banking.
.- Organizational Structures for Sustainability.
.- Integrating Sustainability into Business Strategy.
.- Challenges of Implementing Sustainability in Banks.
.- Impact of Sustainability of Financial Performance.
.- Sustainability and Stakeholder Engagement.
.- Role of Leadership in Driving Sustainable Change.
.- Overcoming Resistance.
.- Successes and Lessons Learned.
.- Conclusion and Moving Forward.
About the author
Svala Gudmundsdottir is a Professor in the Department of Business Administration at the University of Iceland School of Business. Her research areas include leadership, change management, and human resources. Svala is also a country collaborator for the Global Leadership and Organizational Behavior Effectiveness (GLOBE) project along with other international research networks. She has been published in various international scholarly journals.
Throstur Olaf Sigurjonsson is a Professor in the Department of Business Administration at the University of Iceland School of Business. His areas of research are corporate governance, business ethics, policymaking, and policy implementation. He has been published in various international scholarly journals and is co-editor of Cross-Driven Institutional Resilience (Palgrave Macmillan 2023).
Summary
This book explores the ways in which banks are integrating sustainability into their organizational structure with particular focus on the strategic positioning and execution of sustainable practices. Through comprehensive analysis, the authors evaluate the advantages and disadvantages of these sustainability initiatives, revealing the complex implications, challenges, and opportunities that arise from embedding these principles at the core of banking operations. Enhanced by real-world case studies and enriched with interviews from 14 industry professionals, the book offers a unique blend of theoretical depth and practical insights to researchers, scholars, academics, professionals, and policymakers in the banking sector.
