Role of Green Finance in Attaining Corporate CSR Goals

Authors

  • Muhammad Rizwan Kamran Government College University Faisalabad, Pakistan. https://orcid.org/0000-0003-4811-1618
  • Sadaf Ambreen Government College Women University Faisalabad, Pakistan. https://orcid.org/0000-0002-2306-0554
  • Faiqa Kiran Government College University Faisalabad, Pakistan.
  • Raheel Mumtaz Government College University, Faisalabad, Pakistan.

DOI:

https://doi.org/10.52131/pjhss.2022.1004.0295

Keywords:

CSR, Green Finance, Banks, Sustainability

Abstract

To achieve sustainable development goals, economies are increasingly adopting a green financing strategy. Socioeconomic and environmental initiatives are required for the long-term growth of the firm. CSR developed as a strategy to foster social harmony via the sustained prosperity of corporations. However, in order for organizations to remain consistent with their CSR and sustainability objectives, enormous resources are required. This study explores how green finance contributes to accomplishing, succeeding at, and strengthening CSR in the banking sector. Primary information was gathered from 320 workers in the Pakistani banking sector in order to establish the relationship between the variables used in this study. Green financing and its environmental, economic, and social considerations contribute to the improvement of CSR's numerous aspects, as shown by survey data. The results demonstrated a positive relationship between green finance dimensions and CSR goals. Based on these findings, the researcher concludes the hat financial services industry should put more resources into cultivating CSR behaviours.

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Author Biographies

Muhammad Rizwan Kamran, Government College University Faisalabad, Pakistan.

Assistant Professor

Sadaf Ambreen, Government College Women University Faisalabad, Pakistan.

Lecturer

Faiqa Kiran, Government College University Faisalabad, Pakistan.

Assistant Professor

Raheel Mumtaz, Government College University, Faisalabad, Pakistan.

Assistant Professor

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Published

2022-12-31

How to Cite

Kamran, M. R. ., Ambreen, S. ., Kiran, F. ., & Mumtaz, R. (2022). Role of Green Finance in Attaining Corporate CSR Goals. Pakistan Journal of Humanities and Social Sciences, 10(4), 1371–1383. https://doi.org/10.52131/pjhss.2022.1004.0295

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