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IJMIEDecember 2012Volume 2, Issue 12ISSN: 22490558___Green Banking In India Issues And Practices Dr. Naming Rapt Ballet AUR And Priya Aurora**ABSTRACT For past several years, economic institutions
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Understand the concept of green banking and its importance in promoting sustainability.
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Green banking practices refer to the initiatives and activities undertaken by banks to promote sustainable banking and environmental stewardship. This includes financing projects that support renewable energy, reducing carbon footprints, and minimizing the environmental impact of their operations.
Typically, financial institutions, including banks and credit unions, are required to file green banking practices as part of compliance with environmental regulations and guidelines set by regulatory bodies.
Filling out green banking practices usually involves completing a designated form or report that details the bank's sustainability initiatives, carbon footprint, and contributions to environmentally friendly projects.
The purpose of green banking practices is to foster environmental sustainability, reduce climate change impacts, promote renewable energy projects, and enhance the overall social responsibility of banking operations.
Information typically reported may include data on sustainable financing, energy usage, waste management practices, compliance with environmental regulations, and initiatives aimed at reducing greenhouse gas emissions.
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