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Research on Green Ecological Innovation Index of Chinese Commercial Banksese Commercial Banks
- 1 Beijing Wuzi University
- 2 Beijing Wuzi University
* Author to whom correspondence should be addressed.
Abstract
The development of green finance by commercial banks is a key way to achieve the goal of "carbon peak and carbon neutrality" in China. This paper uses entropy method to collect data from the social responsibility report and annual report of commercial banks, establishes the green ecological innovation index of commercial banks, and evaluates the development of green finance of commercial banks in recent years, and finds that the development of green finance of Chinese commercial banks is on the rise; In terms of organizational innovation, the management policies and full-time institutions of commercial banks have been continuously improved, but many banks still need to pay attention to the construction of management systems related to green finance. In terms of product innovation, the score of ecological innovation of commercial banks' products continues to rise significantly, and the green financial products of commercial banks continue to be abundant, but the products in the field of carbon finance are relatively simple. In terms of cultural innovation, banks still need to strengthen special training on green finance and deepen the concept of green development.
Keywords
green finance, commercial banks, entropy method
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Cite this article
Bian,T.;Zhu,C. (2023). Research on Green Ecological Innovation Index of Chinese Commercial Banksese Commercial Banks. Advances in Economics, Management and Political Sciences,63,1-14.
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The datasets used and/or analyzed during the current study will be available from the authors upon reasonable request.
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Volume title: Proceedings of the 2nd International Conference on Financial Technology and Business Analysis
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