Greening financial market

Abstract

The idea of Corporate Social Responsibility is one of the most inspiring ideas in modern business, also even in financial business. CSR, already widely implemented in economy, contains significant ecological components. Nowadays, around the world many leading banks, investment funds, pension funds, insurance companies and public companies, use environmental aspects in their business. The growing and diversified ecological engagement of different financial institutions could be even called ecological evolution of financial business. The same process has started also in Poland. The financial institutions support natural environment in many ways: saving resources, financing proecological organizations, maintaining adequate PR and IR communication and even offering special financial products such as: deposits, payment cards, shares, bonds, investment funds and specialized stock index Respect. Especially, the new investment possibilities are clear evidence of positive changes of the Polish financial market. The aim of the elaboration is to indicate the phenomenon of environmental rules implementation in Polish financial business. The considerations in the article are focused on financial offer related to natural environment protection. The issue is presented in two aspects: theoretical and empirical. In the article, critical analysis of literature and reports, analysis of financial market data, induction method and comparison method have been used. Especially, selec-Leszek Dziawgo 10 ted financial products offered on Polish financial market were analysed in the period of 2008-2014 in respect to ecological criteria. The problem of financial market "ecologization" is a very important subject of scientific research. The process is not only very inspiring, but also controversial. Zieleniejący rynek finansowy Słowa kluczowe: ekologia, społeczna odpowiedzialność biznesu, rynek finansowy.

Corporate Social Responsibility in Japanese Banking Sector

“…MUFG's green bond will be used to finance projects focused on the generation of renewable energy, specifically solar and wind energy (MUFG, 2016b). This initiative confirms that in today's financial world increasingly recognized the creation of green products and services (Dziawgo, 2014).…”

Accountancy-Based Sources of Information for Planning Purposes in SMEs

“…For example, strategic decisions are slightly differentiated and are based on generalized information about markets, products, resources and technologies, while operating decisions are highly differentiated and are based on detailed information with precise parameters for revenues, fixed costs, variable costs, etc. (Papazov, Mihaylova 2010;Peršić, Bakija, Vlašić 2015;Ciemleja, Lāce 2009;Kocmanová, Simberova 2014;Raulinajtys-Grzybek, Świderska 2014;Dziawgo 2014).…”

Private Banking − Wealth Management: Ecological Aspects

“…zużycie: energii elektrycznej, energii cieplnej, wody, papieru itd. ), a następnie poprzez aktywność PR oraz IR informuje o tym odpowiednie grupy interesariuszy [Dziawgo 2011;Dziawgo, Dziawgo 2014]. Do tego zakresu aktywności należy również oferowanie różnym kategoriom klientów produktów i usług finansowych powiązanych z koncepcją CSR.…”

“…produktowemu poziomowi implementacji standardów CSR (rys. 1) [Dziawgo 2014]. Są to wyspecjalizowane fundusze inwestycyjne (kapitał krajowy i zagraniczny), RESPECT Index na GPW (grudzień 2016: akcje 25 spółek, w tym 7 finansowych) [www.gpw.pl], produkty strukturyzowane 6 .…”