Executive Summary

Green banking, also known as a social, an ethical bank, alternative, civic, or sustainable bank, is a bank concerned with the social and environmental impacts of its investments and loans. Ethical banks are part of a larger societal movement toward more social and environmental responsibility in the financial sector. Now world is trying to adapt green banking in all banking sector due to reduce environment pollution, and for scarcity of natural power like gas, oil, coal etc. This movement includes: ethical investment, socially responsible investment, corporate social responsibility, and is also related to such movements as the fair trade movement ethical consumerism, boycotting, etc. Ethical banking is a juvenile sector within this movement. Other areas, such as fair trade, have comprehensive codes and regulations to which all industries that wish to be certified as fair trade must adhere. Ethical banking has not developed to this point; because of this it is difficult to create a concrete definition distinguishing exactly what it is that sets an ethical bank apart from conventional banks. Ethical banks are regulated by the same authorities as traditional banks and have to abide by the same rules. In this report at first I tried to summarize an overview of IBBL. Then I tried to define definition of green Banking, history and background of green banking. In the middle of this report, I motivated by my study to describe about the importance, major areas, products of green banking. Then I give various initiatives taken by internationally, nationally to implement green banking. Then I tried to describe the green banking policy of IBBL. I also give some findings of report. In conclusion I describe the advantages of IBBL to use Green Banking as an instrument to reach the 16 core people of Bangladesh.

Manarat International University Green Banking 0