Evolution and Challenges of Sustainability Reporting in the Banking Sector: A Systematic Literature Review
The objective of this study is to present an overview of sustainability reporting in the financial industry between 2016 and 2024, carrying out a systematic review of the literature on the topic in the banking sector. The theoretical framework addresses the integration of sustainability from the per...
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| Format: | Article |
| Language: | English |
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MDPI AG
2024-12-01
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| Series: | Administrative Sciences |
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| Online Access: | https://www.mdpi.com/2076-3387/14/12/333 |
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| author | Adão M. Sebastião Maria C. Tavares Graça Azevedo |
| author_facet | Adão M. Sebastião Maria C. Tavares Graça Azevedo |
| author_sort | Adão M. Sebastião |
| collection | DOAJ |
| description | The objective of this study is to present an overview of sustainability reporting in the financial industry between 2016 and 2024, carrying out a systematic review of the literature on the topic in the banking sector. The theoretical framework addresses the integration of sustainability from the perspectives of stakeholders, agency and legitimacy theories, highlighting the interrelationship between financial practices and social responsibility. The research used quantitative and qualitative methods, focusing on a systematic review of the literature, analyzing databases such as Scopus and Web of Science in 116 articles. The results showed an annual publication growth rate of 29.68%, with an emphasis on environmental and social sustainability practices. The dissemination of knowledge about sustainability in the banking sector remains low. The central themes included sustainability disclosure, circular economy and FinTechs. Limitations in regulations and the lack of adequate regulations in developing countries, especially in Latin America and Africa, make it difficult to effectively implement these practices, highlighting the need for greater supervision and awareness. This study highlights that the sustainability disclosure in the banking context is a topic that still lacks sufficient exploration. |
| format | Article |
| id | doaj-art-76312bf160da4e16a8f35cb91ada7bf8 |
| institution | DOAJ |
| issn | 2076-3387 |
| language | English |
| publishDate | 2024-12-01 |
| publisher | MDPI AG |
| record_format | Article |
| series | Administrative Sciences |
| spelling | doaj-art-76312bf160da4e16a8f35cb91ada7bf82025-08-20T02:55:35ZengMDPI AGAdministrative Sciences2076-33872024-12-01141233310.3390/admsci14120333Evolution and Challenges of Sustainability Reporting in the Banking Sector: A Systematic Literature ReviewAdão M. Sebastião0Maria C. Tavares1Graça Azevedo2Department of Economics, Management, Industrial Engineering and Tourism, University of Aveiro (DEGEIT-UA), 3810-193 Aveiro, PortugalGOVCOPP—Research Unit on Governance, Competitiveness and Public Policies, Higher Institute for Accountancy and Administration of University of Aveiro (ISCA-UA), University of Aveiro, 3810-193 Aveiro, PortugalHigher Institute for Accountancy and Administration, University of Aveiro (ISCA-UA), 3810-193 Aveiro, PortugalThe objective of this study is to present an overview of sustainability reporting in the financial industry between 2016 and 2024, carrying out a systematic review of the literature on the topic in the banking sector. The theoretical framework addresses the integration of sustainability from the perspectives of stakeholders, agency and legitimacy theories, highlighting the interrelationship between financial practices and social responsibility. The research used quantitative and qualitative methods, focusing on a systematic review of the literature, analyzing databases such as Scopus and Web of Science in 116 articles. The results showed an annual publication growth rate of 29.68%, with an emphasis on environmental and social sustainability practices. The dissemination of knowledge about sustainability in the banking sector remains low. The central themes included sustainability disclosure, circular economy and FinTechs. Limitations in regulations and the lack of adequate regulations in developing countries, especially in Latin America and Africa, make it difficult to effectively implement these practices, highlighting the need for greater supervision and awareness. This study highlights that the sustainability disclosure in the banking context is a topic that still lacks sufficient exploration.https://www.mdpi.com/2076-3387/14/12/333disclosurebanking industrybanking sectorreportingsustainability |
| spellingShingle | Adão M. Sebastião Maria C. Tavares Graça Azevedo Evolution and Challenges of Sustainability Reporting in the Banking Sector: A Systematic Literature Review Administrative Sciences disclosure banking industry banking sector reporting sustainability |
| title | Evolution and Challenges of Sustainability Reporting in the Banking Sector: A Systematic Literature Review |
| title_full | Evolution and Challenges of Sustainability Reporting in the Banking Sector: A Systematic Literature Review |
| title_fullStr | Evolution and Challenges of Sustainability Reporting in the Banking Sector: A Systematic Literature Review |
| title_full_unstemmed | Evolution and Challenges of Sustainability Reporting in the Banking Sector: A Systematic Literature Review |
| title_short | Evolution and Challenges of Sustainability Reporting in the Banking Sector: A Systematic Literature Review |
| title_sort | evolution and challenges of sustainability reporting in the banking sector a systematic literature review |
| topic | disclosure banking industry banking sector reporting sustainability |
| url | https://www.mdpi.com/2076-3387/14/12/333 |
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