在做得好的同时做得好?ESG管理是西班牙大型银行影响导向可持续融资的障碍

IF 9.1 2区 管理学 Q1 BUSINESS
Clara García, Fabio Casalegno
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引用次数: 0

摘要

应对环境和社会可持续性挑战需要大量私人融资。作为回应,包括西班牙主要银行在内的全球金融机构越来越多地采用可持续金融(SF)。然而,持续的“洗绿”行为让人质疑这些做法是否有意义地推进了可持续发展目标。本专题分析指出了阻碍西班牙银行将顺丰承诺转化为切实成果的制度障碍。它调查了实施实践和组织间关系的影响。研究结果揭示了在组织层面成功的顺丰制度化,但受到ESG管理框架的限制。这种方法强调财务重要性,而忽略了影响重要性,为真正的以影响为导向的SF创造了障碍,这需要双重重要性的整合。最终,这种以esg为重点的制度化使金融机构能够在假定自己“做好事”的情况下“做得好”(财务上)——尽管影响问责制不足。因此,目前的SF承诺和实践可能无法推动实质性的可持续性进展。
本文章由计算机程序翻译,如有差异,请以英文原文为准。

Doing Good While Doing Well? ESG Management as an Obstacle to Impact-Oriented Sustainable Finance in Large Spanish Banks

Doing Good While Doing Well? ESG Management as an Obstacle to Impact-Oriented Sustainable Finance in Large Spanish Banks

Addressing environmental and social sustainability challenges demands significant private financing. In response, financial institutions globally—including major Spanish banks—have increasingly adopted sustainable finance (SF). However, persistent greenwashing concerns question whether these practices meaningfully advance sustainability objectives. This thematic analysis identifies institutional obstacles preventing Spanish banks from translating SF commitments into tangible outcomes. It investigates both implementation practices and the influence of inter-organizational relationships. The findings reveal successful SF institutionalization at the organizational level, yet constrained within ESG management frameworks. This approach emphasizes financial materiality while neglecting impact materiality, creating barriers to genuine impact-oriented SF that requires double-materiality integration. Ultimately, this ESG-focused institutionalization enables financial institutions to “do well” (financially) while presuming they “do good”—despite inadequate impact accountability. Consequently, current SF commitments and practices may fail to drive substantial sustainability progress.

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来源期刊
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.
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