How the Banking Industry Could Shape the Future for Corporate Sustainability
By Gizem Alper
More and more each day, sustainability is becoming a crucial topic in the business world. To this extent, the UN Global Compact has specified four main principles for maintaining a sustainable business: human rights, labor rights, environmental protection and anti- corruption.
As a crucial player in the business world, the banking industry has also recognized the importance of global sustainability. Banks have introduced many financial products and credits in order to promote the realization of corporate sustainability. Moreover, many measures dealing with sustainability issues have been implemented into compliance programs.
Gizem ALPER, P.hD. is a corporate lawyer admitted to the Istanbul Bar Association, and currently Visiting Scholar at The New School, Milano School of International Affairs, Management and Urban Policy in New York City.