Izvorni znanstveni članak
https://doi.org/10.7906/indecs.24.5.10
Climate Change Risk Management in the Banking Industry – Case Study of South Africa and Kenya
Janos Besenyo
orcid.org/0000-0001-7198-9328
; Óbuda University, Budapest, Hungary
Tamas Somogyi
orcid.org/0000-0003-1397-697X
; Óbuda University, Budapest, Hungary
*
Rudolf Nagy
orcid.org/0000-0001-5108-9728
; Óbuda University, Budapest, Hungary
* Dopisni autor.
Sažetak
Climate change is recognised as a serious concern that jeopardise the essential services. Although the effects of climate change have been extensively studied, its impact on the banking industry has received scant attention. The aim of this article is to provide an overview of the climate change risk management in the banking industry in South Africa and Kenya through the lenses of the central banks. This paper analyses policy measures and approaches in these countries. Elements of content analysis were used within the qualitative research framework where relevant literature and sector-specific data was analysed.
The results demonstrate that the examined entities are aware of the risks and of their social responsibility. Banks are motivated to discover new types of activities, assets and products in order to support the effort of keeping the global temperatures within an acceptable range. However, the banking industry could do further work. Thus, recommendations are provided, which may be useful for the stakeholders and policymakers.
Ključne riječi
South Africa; Kenya; climate change; risk management; banking industry
Hrčak ID:
349660
URI
Datum izdavanja:
30.10.2026.
Posjeta: 0 *