An Assessment of Sustainable Banking Performance in Sub-Saharan Africa—Does Doing Good and Doing Well Go Hand in Hand?

IF 9.1 2区管理学 Q1 BUSINESS

Corporate Social Responsibility and Environmental Management Pub Date : 2025-06-19 DOI:10.1002/csr.70038

Adwoa Appiah, Olaf Weber, Amr ElAlfy, Adam Vitalis

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Abstract

This paper evaluates sustainable banking performance and its relationship with financial performance among 99 banks across six Sub-Saharan Africa (SSA) countries. Prior research has shown that there are limited studies on benchmarking sustainable banking performance, and the relationship between sustainable banking and financial performance remains inconclusive. We conducted a benchmarking of sustainable banking performance using a 44-indicator framework and a 4-stage ranking system. Regression analysis is used to examine the relationship between sustainability and financial performance. Results indicate that most banks in SSA are in the early stages of adopting sustainable banking practices. A positive relationship exists between sustainable banking performance and financial performance. This finding aligns with good management theory. This win–win situation offers a compelling case for banks to integrate sustainability into their core strategies, creating economic value while addressing social and environmental challenges. Banking regulators can leverage sustainable banking to implement regulations that promote sustainable development in the region.

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撒哈拉以南非洲可持续银行绩效评估——做好事和做得好是齐头并进的吗？

本文评估了六个撒哈拉以南非洲（SSA）国家99家银行的可持续银行绩效及其与财务绩效的关系。以往的研究表明，对可持续银行绩效的基准化研究有限，可持续银行与财务绩效之间的关系尚无定论。我们使用44个指标框架和4阶段排名系统对可持续银行绩效进行了基准测试。回归分析用于检验可持续性与财务绩效之间的关系。结果表明，SSA的大多数银行都处于采用可持续银行实践的早期阶段。银行可持续绩效与财务绩效之间存在正相关关系。这一发现与良好的管理理论相一致。这种双赢的局面为银行将可持续发展纳入其核心战略提供了一个令人信服的案例，在创造经济价值的同时应对社会和环境挑战。银行业监管机构可以利用可持续银行业来实施促进该地区可持续发展的法规。

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来源期刊

Corporate Social Responsibility and Environmental Management Multiple-

CiteScore

17.20

自引率

16.30%

发文量

189

期刊介绍： Corporate Social Responsibility and Environmental Management is a journal that publishes both theoretical and practical contributions related to the social and environmental responsibilities of businesses in the context of sustainable development. It covers a wide range of topics, including tools and practices associated with these responsibilities, case studies, and cross-country surveys of best practices. The journal aims to help organizations improve their performance and accountability in these areas. The main focus of the journal is on research and practical advice for the development and assessment of social responsibility and environmental tools. It also features practical case studies and evaluates the strengths and weaknesses of different approaches to sustainability. The journal encourages the discussion and debate of sustainability issues and closely monitors the demands of various stakeholder groups. Corporate Social Responsibility and Environmental Management is a refereed journal, meaning that all contributions undergo a rigorous review process. It seeks high-quality contributions that appeal to a diverse audience from various disciplines.