GREEN FINANCE BRIDGES THE GAP: IMPACT OF GREEN BANKING PRACTICES ON ENVIRONMENTAL PERFORMANCE

Aamir Sohail; Ahmad Saeed; Nazakat Khan

Aamir Sohail Lecturer, Department of Commerce, The Thal University Bhakkar, Punjab, Pakistan
Ahmad Saeed Assistant Professor, Noon Business School, University of Sargodha, Pakistan
Nazakat Khan Ph.D. Scholar, Qurtuba University, Dera Ismail Khan, KP, Pakistan

Keywords: Banks Environmental Performance, Green Financing, Green Banking practices, Pakistan

Abstract

The objective of this research is to examine significant influence of green banking practices on the environmental performance of banks, while also exploring the intermediary role of green finance. Iplementation of green banking practices, which include employee-related, operation-related, and customer-related initiatives, significantly influences environmental impact of banks. It is crucial for understanding the intricate relationship amid these practices and their impact on environmental performance in framework of sustainable banking. In order to accomplish these aims, thorough empirical investigation was undertaken. Research used a standardized questionnaire survey method to gather data from a heterogeneous sample of the banks operating in different geographical areas. Study used statistical methods, namely regression analysis as well as mediation analysis, to investigate the associations and mediation effects within conceptual framework. Results of study are statistically significant. Research revealed a significant mediating influence of green financing on the relationship between green banking practices and the environmental performance of banks. This highlights the crucial role of funding in translating sustainable activities into measurable environmental results