Naslov (eng)

Sustainable Banking in Serbia: The Importance of Managing ESG Risks

Autor

Soleša, Katarina
Vapa, Jelena

Opis (eng)

Abstract: Sustainable development in banking refers to conducting financial activities in a manner that supports long-term economic growth while taking into account environmental protection and social well-being. Banks play an important role in the economy because they influence how capital is allocated across different sectors. An increasing number of banks, both globally and in Serbia, are integrating ESG factors into their operations and decision-making processes related to lending, investment and risk management. The paper aims to highlight the importance of ESG risk management in the banking sector in Serbia. The focus is on regulatory developments, institutional processes and emerging challenges. The research has shown that some banks in Serbia have made significant progress in the area of ESG risk management and the integration of ESG factors into their operations, while others have only recently begun activities in this field. Banks engagement with ESG issues represents one of the leading trends in the global financial market and is becomming an imperative for institutions that aim to maintain their market position.

Jezik

engleski

Datum

2026

Licenca

Creative Commons licenca
Ovo delo je licencirano pod uslovima licence
Creative Commons CC BY 4.0 - Creative Commons Autorstvo 4.0 International License.

http://creativecommons.org/licenses/by/4.0/legalcode

Predmet

Keywords: ESG risks; banking sector; Republic of Serbia; sustainable finance; risk management

Deo kolekcije (1)

o:1600 Radovi profesora i saradnika Fakulteta za ekonomiju i inženjerski menadžment