Fintech for ESG and the circular economy:
Gespeichert in:
Weitere beteiligte Personen: | , , , |
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Format: | Buch |
Sprache: | Englisch |
Veröffentlicht: |
Hoboken, NJ ; Beverly, MA
John Wiley & Sons, Inc.
[2024]
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Schriftenreihe: | Fintech in a sustainable digital society
|
Schlagwörter: | |
Links: | http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=035436133&sequence=000001&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA |
Beschreibung: | Description based on online resource; title from digital title page (viewed on October 16, 2024) |
Umfang: | xix, 293 Seiten Illustrationen |
ISBN: | 9781394233960 |
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Contents Preface xvii Acknowledgments xix 1 2 Data-Driven Sustainability: Unlocking the Potential of Machine Learning and Big Data for ESG Integration and the Circular Economy 1 Priya Soni 1.1 Introduction to Big Data and Machine Learning 1.2 Environmental, Social, and Governance (ESG) 1.3 Circular Economy 1.4 ESG and Circular Economy Integration 1.4.1 Machine Learning Applications for Sustainable Practices 1.4.2 Circular Economy Implementation with Big Data and Machine Learning 1.4.3 Risk Management and ESG Compliance through Data-Driven Approaches 1.5 Future Trends and Challenges in ESG and Circular Economy 10 References 11 Blockchain Technology' and Its Potential in Sustainable Finance and Investment 13 Neeti Misra, Abhilasha Chauhan and Nikita Siddhu 2.1 Introduction 2.2 Literature Review 2.2.1 Blockchain Technology 2.2.2 Sustainable Finance and Investment 2.2.2.1 Sustainable Foreign Direct Investment (SFDI) 2.2.2.2 Impact Investing 2.2.2.3 Socially Responsible Investment (SRI) 2.2.2.4 Green Finance 14 15 16 17 20 20 21 21 2 4 5 6 6 7 8 vii
viii Contents Five Pillars of Sustainable Finance Projects (Greenfield, 2022) Role of Blockchain Technology in Sustainable Finance and Investment 2.3.1 Benefits of Sustainability in Finance Challenges of Blockchain Technology 2.4.1 Challenges of Adoption of Blockchain Technology in Sustainable Finance and Investment Conclusion Implications Suggestion and Recommendations References 2.2.3 2.3 2.4 2.5 2.6 2.7 3 21 22 23 25 25 26 27 27 28 The Relationship Between FinTech and Financial Sustainability: Turkey Case Seda Yildirim, Tugba Kantarci, Durmuç Çagri Yildirim and Kenan Aydin 3.1 Introduction 3.2 The Framework for FinTech and Financial Sustainability 3.2.1 The FinTech 3.2.2 What is Financial Sustainability? 3.3 The Profile of FinTech in Turkey 3.4 Conclusion References Websites 31 32 33 33 36 37 42 43 46 4 Leveraging FinTech for the Advancement of Circular Economy 49 Radha Agarwal, Mariam Fatima and Amit Malhotra 4.1 Introduction 50 4.1.1 Knowing FinTech 50 4.1.2 Knowing Circular Economy 52 4.2 The Circular Economy - FinTech Linkage 53 4.3 FinTech-Driven Triumphs of Circular Economy 56 4.4 FinTech-Related Challenges that Hinder Circular Economy 59 4.5 Conclusion 60 References 61 5 Cyber Ecosystem and Digital Currency. Review and Current Status Nitish Ojha, Divya Gohil and Abhishek Vaish 5 .0 Introduction 5 .1 Digital Currency in Other Countries 63 64 64
6 Contents ix 5.2 Types of Digital Currency 5.3 Arguments in Favor of Digital Currency 5.4 Arguments - Why Digital Currency Must be Discouraged 5.4.1 Weak Bank Weak Link in the Chain 5.4.2 Low Bank Penetration 5.4.3 High Dormancy 5.4.4 Poor Quality of Services by Public Sector Banks 5.4.5 Prone to Financial Instability 5.4.6 Lack of IT Implementation by Banks in their Portals 5.4.7 Availability of Bank Services 5.4.8 Availability of Diverse Banking Services 5.5 Attack on the Banking System 5.5.1 Vulnerability Vs No. of Online Users 5.5.2 Technology Supported Attacks 5.5.3 Rise of Cyber Attacks 5.6 What are the Biggest Threats to Digital Currency? 5.7 Why are Indian Banking Organizations Targeted? 5.7.1 Reasons Behind Cyberattack Against Banks in India 5.8 How to Reduce the “Security Threats” in the Banking Sector? 5.8.1 Team Management 5.8.2 Creation of R D Board 5.8.3 Partnership 5.8.4 Framework Compliance 5.8.5 Establish Strict Access Management Policies 5.8.6 Keep Business Continuity Plan/Disaster Recovery Plan 5.8.7 Cybersecurity Training 5.9 Conclusion References 65 67 68 68 68 69 69 69 70 71 71 72 72 73 73 75 76 77 85 85 85 86 86 86 87 87 87 88 Navigating the Legal Landscape of Green Finance and Responsible Investment in India: A Critical Analysis 93 Shikha Dimri and Anushka Srivastava 6.1 Introduction 94 6.1.1 Green Financing in India 95 6.2 Legal Framework Governing Green Finance and Investment in India 97 6.3 Certain Indian Companies Engaged in Green Financing and Responsible Investment 100 6.4 Interface of Sustainable Development Goals and Green Finance 102
X Contents 6.5 CSR Rules and Companies Act, 2013, and Environmental Justice 104 6.6 Greenwashing: A Challenge to Honest Implementation of Green Bond 105 6.6.1 Renowned Brands Called Out for Greenwashing 6.6.1.1 H M and Uniqlo ("USA: H M faces ‘greenwashing’ class-action lawsuit over alleged misleading false marketing of ‘sustainable’ clothing line - business human rights resource centre,” n.d.) 6.6.1.2 Volkswagen (Pellegrino, 2023) 6.6.1.3 Innocent Drinks 6.6.2 Identification of Greenwashing 6.6.3 Rules Governing Greenwashing in India 6.6.3.1 French Climate and Resilience I.aw and European Union’s Proposed Uniair Commercial Practices Directive: A Standard Model to Combat Greenwashing 6.7 Implications of Regulating Sources of Green Financing on Policymakers, Business Houses, and Society 6.7.1 Impact of Green Financing on Policymakers 6.7.2 Impact of Green Financing on Business Houses 6.7.3 Impact of Green Financing on Society 6.8 Conclusion and Recommendations References 7 107 107 107 108 108 109 110 111 111 112 112 113 114 Impact of Environmental, Social, and Governance (ESG) and the Circular Economy (CE) on Financial Decision-Making 119 Jeamte-Marie Lawrence 7.1 Introduction 120 7.2 The Mandate for ESG and Circular Economy Global Goals 121 7.3 Organizations Impacting Sustainability Reporting and Financial Governance 123 7.3.1 Voluntary ESG and Sustainability Frameworks and Metrics 124 7.3.1.1 The Global Reporting Initiative 124 7.3.1.2 The Carbon Disclosure Project 125 7.3.1.3 The International Sustainability Standards Board (ISSB) 126 7.3.1.4 Sustainability Accounting
Standards Board (SASB) " 127
Contents Taskforce on Climate-Related Financial Disclosures (TCFD) 7.3.1.6 World Economic Forum International Business Council (WEF IBC) 7.3.1.7 Dow Jones Sustainability Indexes (DJSI) 7.3.2 National Governments and Regulatory Authorities 7.3.3 Financial Governing Institutions 7.3.3.1 United States Security and Exchange Commission (SEC) 7.3.3.2 European Banking Authority (EBA) 7.3.3.3 The Monetary Authority of Singapore (MAS) 7.3.4 Professional/Trade Organizations Financial Policies and Strategies of Asset Owners, Banks, and Other Financial Firms 133 7.4.1 Development Banks Impact of ESG and Circular Economy on Financial Decisions of Banks and Financial Intermediaries 137 Impact of ESG and Circular Economy on Financial Decisions of Firms 137 7.6.1 Impact of ESG and Circular Economy on Operational Financial Decisions of Firms 7.6.1.1 Profitability Ratios 7.6.1.2 Efficiency Ratios 7.6.1.3 Liquidity Ratios 7.6.1.4 Solvency Ratios 7.6.2 Impact of ESG and Circular Economy on Capital Investment Decisions of Firms Impact of ESG and Circular Economy on Decisions to Use Financial Technology (FinTech) Concluding Remarks References xi 7.3.1.5 7.4 7.5 7.6 7.7 7.8 8 Institutions and Crowdfunding Success in Africa Isaac Appiah-Otoo 8.1 Introduction 8.2 Literature Review and Hypothesis Development 8.2.1 Literature Review 8.2.2 Hypotheses Development 8.3 Methodology and Data 8.3.1 Data 8.3.2 Empirical Model 127 128 128 129 131 131 131 132 132 135 138 138 140 141 141 142 142 145 146 149 150 152 152 153 154 154 156
xii Contents 8.4 Results and Discussion 8.5 Conclusion and Policy Implications References 9 157 166 168 Legal Aspects of Smart Contracts and Application of Blockchain Technology inFinTech 173 Gioia Arnone 9.1 Introduction 174 9.1.1 What is FinTech? 175 9.1.2 What is Blockchain Technology? 175 9.1.3 What is a Smart Contract? 176 9.1.4 Legal Aspects of Smart Contracts 177 9.1.4.1 Contractual Features of Smart Contracts 177 9.1.4.2 Traditional Laws and Rules are Under Attack 178 9.1.4.3 Smart Contracts May be Created Legally 179 9.1.4.4 Legal Ramifications of Smart Contracts 179 9.1.5 Application of Blockchain Technology in FinTech 180 9.1.5.1 Asset Verification 181 9.1.5.2 Record Keeping 183 9.1.5.3 Data Privacy 184 9.1.5.4 Transaction Costs 186 9.2 Discussion and Conclusion 188 References 1S8 10 ESG Excellence in the Digital World: Circular Economy E-Business Solutions Rubee Singh Akash Gupta and Vinay Kandpal 10.1 Introduction 10.2 Literature and Theoretical Background 10.2.1 Connecting ESG and CE 10.2.2 14.0 (Digitalization), CE, and ESG 10.2.3 Circular Economy Practices and ESG 10.3 Research Methodology 10.4 Discussion and Recommendations 10.5 Conclusion References 11 Role of FinTech in Fueling Social Change: A Field Study SaiAanchal 11.1 Introduction 11.1.1 FinTech Usage in India 11.1.2 Rationale of the Study 193 191 196 196 197 197 199 199 201 202 205 205 206 207
Contents xiii Objectives of the Study Research Methodology Area of Study Sampling Frame and Sample of Respondents Major Findings of the Study 11.1.7.1 FinTech Usage—Paytm and Google Pay 11.1.7.2 FinTech Usage in Taksal 11.1.7.3 FinTech Usage in Pabri Factors Behind the FinTech Usage in Taksal and Pabri 11.2.1 No Need for the Bank Account Information to Send Money to One’s Relatives 11.2.2 Perceived Ease of Access and Safety 11.2.3 Aided in Keeping a Stringent Check on the Expenses of One’s Spouse 11.2.4 Easy to Receive Money in Times of Emergency 11.2.5 Fear of Demonetization 11.2.6 Influence of Peers Impact of FinTech on the Lives of Respondents of Taksal and Pabri 214 11.3.1 Socio-Cultural Change 11.3.2 Extent of Womens Empowerment Conclusion References 207 208 208 209 210 210 210 211 211 11.1.3 11.1.4 11.1.5 11.1.6 11.1.7 11.2 11.3 11.4 211 212 212 213 213 214 214 216 219 220 12 Significance of Digital Currencies in Sustainable Finance and Investment—An Indian Perspective 225 Sulagna Das 12.1 Digital Money 225 12.2 Role of The Reserve Bank of India in Fostering Financial Inclusion through Digital Transformation of Financial Services 228 12.2.1 Digital Public Infrastructure 228 12.2.2 Institutional Arrangements 229 12.2.3 Policy Initiatives 230 12.2.4 Transformational Initiatives Using Technology to Foster Innovation 230 12.3 Role of CBDCs in Digital Financial Transformation 231 12.3.1 Banking System and CBDC 233 12.3.2 Monetary Policy and CBDC 233 12.3.3 Technology Risk and CBDC 233
xiv Contents 12.3.4 RBI’s Approach to CBDC 234 12.3.5 Legal Framework 234 12.3.6 What Comes Next for CBDC in India? 12.4 Digital Rupee e? Story of India 12.4.1 How will e? Work? 12.4.2 Proposed e?-Architecture 12.4.2.1 Private Blockchain 12.4.2.2 Consortium Blockchain 12.5 Significant Role Played by Digital Currencies in Supporting Green and Sustainable Finance 12.5.1 Moving Toward Sustainability 12.5.2 Trustworthiness Created by Central Banks 12.5.3 More Sustainable Payment Systems 12.5.4 Overview of the Future Outlook 12.6 Potential Risk Involved in Digital Currencies References 13 A Leap Towards Tokenomics: The Future of Sustainability Soumyajit Chakraborty 13.1 A Few Words on Tokenomics 13.2 Opportunities Presented by Tokenomics 13.3 The “Economics” in Tokenomics 13.4 Challenges with Tokenomics 13.5 Tokenomics in the Indian Context 13.6 Conclusion References 14 Advancing Financial Inclusion through Digital Finance Innovations in Tanzania Galinotna Gahele Lubawa and Vinay Kandpal D. Litt 14.1 Introduction 14.2 Literature Review 14.2.1 Digital Finance 14.2.2 Inclusive Finance 14.2.3 The Role of Digital Finance in Enabling Inclusive Financing 14.2.4 Theoretical Background 14.3 Research Methods 14.3.1 Planning the Review 14.3.2 Search Strategy 14.4 Results and Discussions 235 236 236 237 237 238 239 240 241 241 212 242 244 247 247 249 249 251 251 252 252 255 255 262 262 262 263 264 266 266 267 273
Contents xv 14.4.1 DFS’s Importance to SMEs and Inclusive Finance in Tanzania 273 14.4.2 DFS’s Importance to Agriculture and Inclusive Finance in Tanzania 14.4.3 Challenges in Promoting Inclusive Finance in Tanzania 277 14.4.3.1 Challenges in Promoting SMEs Inclusive Finance inTanzania 14.4.3.2 Challenges in Promoting Agriculture and InclusiveFinance in Tanzania279 14.5 Conclusion Direction of Future Research References Index 275 277 279 281 281 289 |
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record_format | marc |
series2 | Fintech in a sustainable digital society |
spelling | Fintech for ESG and the circular economy edited by Ernesto D.R. Santibanez Gonzalez, Vinay Kandpal, Peterson K. Ozili, Prasenjit Chatterjee Hoboken, NJ ; Beverly, MA John Wiley & Sons, Inc. [2024] xix, 293 Seiten Illustrationen txt rdacontent n rdamedia nc rdacarrier Fintech in a sustainable digital society Description based on online resource; title from digital title page (viewed on October 16, 2024) Kreislaufwirtschaft (DE-588)4361327-5 gnd rswk-swf Virtuelle Währung (DE-588)1081489480 gnd rswk-swf Finanztechnologie (DE-588)1115819186 gnd rswk-swf Maschinelles Lernen (DE-588)4193754-5 gnd rswk-swf Environmental, Social and Governance (DE-588)1299843611 gnd rswk-swf Finance / Technological innovations Finance / Social aspects Finances ; Innovations Finances ; Aspect social (DE-588)4143413-4 Aufsatzsammlung gnd-content Finanztechnologie (DE-588)1115819186 s Environmental, Social and Governance (DE-588)1299843611 s Kreislaufwirtschaft (DE-588)4361327-5 s Virtuelle Währung (DE-588)1081489480 s Maschinelles Lernen (DE-588)4193754-5 s b DE-604 Santibanez Gonzalez, Ernesto D.R edt Kandpal, Vinay edt Ozili, Peterson K. edt Chatterjee, Prasenjit 1982- (DE-588)1090791038 edt Erscheint auch als Online-Ausgabe 978-1-394-23403-5 Digitalisierung UB Regensburg - ADAM Catalogue Enrichment application/pdf http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=035436133&sequence=000001&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA Inhaltsverzeichnis |
spellingShingle | Fintech for ESG and the circular economy Kreislaufwirtschaft (DE-588)4361327-5 gnd Virtuelle Währung (DE-588)1081489480 gnd Finanztechnologie (DE-588)1115819186 gnd Maschinelles Lernen (DE-588)4193754-5 gnd Environmental, Social and Governance (DE-588)1299843611 gnd |
subject_GND | (DE-588)4361327-5 (DE-588)1081489480 (DE-588)1115819186 (DE-588)4193754-5 (DE-588)1299843611 (DE-588)4143413-4 |
title | Fintech for ESG and the circular economy |
title_auth | Fintech for ESG and the circular economy |
title_exact_search | Fintech for ESG and the circular economy |
title_full | Fintech for ESG and the circular economy edited by Ernesto D.R. Santibanez Gonzalez, Vinay Kandpal, Peterson K. Ozili, Prasenjit Chatterjee |
title_fullStr | Fintech for ESG and the circular economy edited by Ernesto D.R. Santibanez Gonzalez, Vinay Kandpal, Peterson K. Ozili, Prasenjit Chatterjee |
title_full_unstemmed | Fintech for ESG and the circular economy edited by Ernesto D.R. Santibanez Gonzalez, Vinay Kandpal, Peterson K. Ozili, Prasenjit Chatterjee |
title_short | Fintech for ESG and the circular economy |
title_sort | fintech for esg and the circular economy |
topic | Kreislaufwirtschaft (DE-588)4361327-5 gnd Virtuelle Währung (DE-588)1081489480 gnd Finanztechnologie (DE-588)1115819186 gnd Maschinelles Lernen (DE-588)4193754-5 gnd Environmental, Social and Governance (DE-588)1299843611 gnd |
topic_facet | Kreislaufwirtschaft Virtuelle Währung Finanztechnologie Maschinelles Lernen Environmental, Social and Governance Aufsatzsammlung |
url | http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=035436133&sequence=000001&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA |
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