Development of a model for assessing the bank’s level of achievement of ESG indicators

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Abstract

The article deals with issues related to the formation of ESG model aimed at assessing the performance of systemically important banks in the context of their contribution to the development of «green finance». The article presents the author's approach aimed at assessing the E S and G components based on the UN Sustainable Development Goals, as this is the only «indicator» used by most systemically important banks in their «green finance» reports as a measure of their contribution to social, environmental and corporate development. ESG is assessed on the basis of banks' non-financial reports in the context of their contribution to ESG development at the bank level and at the level of the economy as a whole.

About the authors

Daniel Ruslanivich Didigov

Peoples' Friendship University of Russia (RUDN University)

Author for correspondence.
Email: didigov-dr@rudn.ru
ORCID iD: 0000-0002-7326-2808
SPIN-code: 8986-0194

Assistant Professor of Finance and Credit, Faculty of Economics

117198, Moscow, Miklukho-Maklaya str., 6

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