Current Waste Management in Banks from 11 Asian Countries vs Sberbank ESG Reporting
The relevance of the topic lies in the fact that the level of competitiveness of a bank in waste management will have an increasing impact on its ESG ratings in the future. The purpose of this paper is to improve waste management in a bank (mainly faulty office equipment and paper waste). However, n...
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Government of the Russian Federation, Financial University
2023-12-01
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| Series: | Финансы: теория и практика |
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| Online Access: | https://financetp.fa.ru/jour/article/view/2521 |
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| author | J. An A. Yu. Mikhaylov |
| author_facet | J. An A. Yu. Mikhaylov |
| author_sort | J. An |
| collection | DOAJ |
| description | The relevance of the topic lies in the fact that the level of competitiveness of a bank in waste management will have an increasing impact on its ESG ratings in the future. The purpose of this paper is to improve waste management in a bank (mainly faulty office equipment and paper waste). However, not all banks use active management methods in waste management, so this article offers recommendations for the successful management of key indicators. The article uses data on waste from banks in Bangladesh, China, Indonesia, Kuwait, India, Malaysia, Nepal, Pakistan, Sri Lanka, the UAE, and Vietnam. The objectives of the study include: identification of the essence of the competitiveness of waste management in a bank; consideration of the types of competitiveness of waste management; assessment of the impact of blockchain technology on the competitiveness of waste management; assessment of minimizing waste management costs in a bank. A method for waste composition and waste export based on statistical analysis and a regression model. It used data about the current waste management activities of a bank. This study uses data from an annual time series covering the period from 2013 to 2021. The results of the study confirm that the problem of electronic waste of banks in Asia can be solved by increasing financing and a complete analysis of bank waste. There are points of novelty in the article: (1) the essence of the competitiveness of waste management in a bank is determined, which consists in the recycling of most waste and not in their disposal; (2) the ideas of the competitiveness of waste management are considered in Sberbank; (3) the impact of blockchain technology on the competitiveness of waste management in banks is assessed; (4) an assessment of the competitiveness of waste management in a commercial bank is given. In order to better understand the factors influencing the production of e-waste in the region, the study focuses on the significance of addressing the rising problem of e-waste in Asia and the need for better collection and analysis of waste data in a bank. The main conclusion is the need to recycle waste and increase recycling costs in the future, which is the most environmentally friendly option compared to incineration. |
| format | Article |
| id | doaj-art-48e25d710812481dbebd8b9550558b5f |
| institution | DOAJ |
| issn | 2587-5671 2587-7089 |
| language | Russian |
| publishDate | 2023-12-01 |
| publisher | Government of the Russian Federation, Financial University |
| record_format | Article |
| series | Финансы: теория и практика |
| spelling | doaj-art-48e25d710812481dbebd8b9550558b5f2025-08-20T03:00:43ZrusGovernment of the Russian Federation, Financial UniversityФинансы: теория и практика2587-56712587-70892023-12-0127617318410.26794/2587-5671-2023-27-6-173-1841104Current Waste Management in Banks from 11 Asian Countries vs Sberbank ESG ReportingJ. An0A. Yu. Mikhaylov1College of Business, Hankuk University of Foreign StudiesFinancial University ; Financial Research Institute of Ministry of Finance of the Russian FederationThe relevance of the topic lies in the fact that the level of competitiveness of a bank in waste management will have an increasing impact on its ESG ratings in the future. The purpose of this paper is to improve waste management in a bank (mainly faulty office equipment and paper waste). However, not all banks use active management methods in waste management, so this article offers recommendations for the successful management of key indicators. The article uses data on waste from banks in Bangladesh, China, Indonesia, Kuwait, India, Malaysia, Nepal, Pakistan, Sri Lanka, the UAE, and Vietnam. The objectives of the study include: identification of the essence of the competitiveness of waste management in a bank; consideration of the types of competitiveness of waste management; assessment of the impact of blockchain technology on the competitiveness of waste management; assessment of minimizing waste management costs in a bank. A method for waste composition and waste export based on statistical analysis and a regression model. It used data about the current waste management activities of a bank. This study uses data from an annual time series covering the period from 2013 to 2021. The results of the study confirm that the problem of electronic waste of banks in Asia can be solved by increasing financing and a complete analysis of bank waste. There are points of novelty in the article: (1) the essence of the competitiveness of waste management in a bank is determined, which consists in the recycling of most waste and not in their disposal; (2) the ideas of the competitiveness of waste management are considered in Sberbank; (3) the impact of blockchain technology on the competitiveness of waste management in banks is assessed; (4) an assessment of the competitiveness of waste management in a commercial bank is given. In order to better understand the factors influencing the production of e-waste in the region, the study focuses on the significance of addressing the rising problem of e-waste in Asia and the need for better collection and analysis of waste data in a bank. The main conclusion is the need to recycle waste and increase recycling costs in the future, which is the most environmentally friendly option compared to incineration.https://financetp.fa.ru/jour/article/view/2521esg ratingsbankswaste managementelectronic wasterecyclingcompetitivenesseconomic analysisblockchainfinancing |
| spellingShingle | J. An A. Yu. Mikhaylov Current Waste Management in Banks from 11 Asian Countries vs Sberbank ESG Reporting Финансы: теория и практика esg ratings banks waste management electronic waste recycling competitiveness economic analysis blockchain financing |
| title | Current Waste Management in Banks from 11 Asian Countries vs Sberbank ESG Reporting |
| title_full | Current Waste Management in Banks from 11 Asian Countries vs Sberbank ESG Reporting |
| title_fullStr | Current Waste Management in Banks from 11 Asian Countries vs Sberbank ESG Reporting |
| title_full_unstemmed | Current Waste Management in Banks from 11 Asian Countries vs Sberbank ESG Reporting |
| title_short | Current Waste Management in Banks from 11 Asian Countries vs Sberbank ESG Reporting |
| title_sort | current waste management in banks from 11 asian countries vs sberbank esg reporting |
| topic | esg ratings banks waste management electronic waste recycling competitiveness economic analysis blockchain financing |
| url | https://financetp.fa.ru/jour/article/view/2521 |
| work_keys_str_mv | AT jan currentwastemanagementinbanksfrom11asiancountriesvssberbankesgreporting AT ayumikhaylov currentwastemanagementinbanksfrom11asiancountriesvssberbankesgreporting |