Preprint Article Version 1 This version is not peer-reviewed

The Access to Credit in the Context of the ESG Framework at Global Level

Version 1 : Received: 1 August 2024 / Approved: 4 August 2024 / Online: 6 August 2024 (04:48:51 CEST)

How to cite: Arnone, M.; Laureti, L.; Costantiello, A.; Anobile, F.; Leogrande, A. The Access to Credit in the Context of the ESG Framework at Global Level. Preprints 2024, 2024080239. https://doi.org/10.20944/preprints202408.0239.v1 Arnone, M.; Laureti, L.; Costantiello, A.; Anobile, F.; Leogrande, A. The Access to Credit in the Context of the ESG Framework at Global Level. Preprints 2024, 2024080239. https://doi.org/10.20944/preprints202408.0239.v1

Abstract

This paper explores the critical role of the banking sector in facilitating the ecological transition through the integration of ESG (Environmental, Social, and Governance) factors. By analyzing the intersection of ESG considerations and access to credit globally, the study highlights how banks can catalyze sustainable investments while balancing financial risks. Using a systematic literature review and k-Means clustering analysis, we assess the global landscape of credit access, emphasizing the implications of ESG adoption on financial stability and economic growth. The findings suggest that while ESG integration presents challenges, it offers significant opportunities for banks to enhance their competitiveness and foster resilient financial systems. The paper concludes by proposing policy recommendations aimed at improving the incorporation of ESG factors within credit risk management and promoting sustainable finance.

Keywords

ESG; Access to Credit; Sustainable Finance; Banking Sector; k-Means Clustering

Subject

Business, Economics and Management, Finance

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