Present Scenario of Green Banking Practices Followed by Private Commercial Banks in Bangladesh: A Descriptive Analysis

Abstract

The study was conducted to find out the Present scenario of green banking practices in Bangladesh. Green banking is not just a corporate social responsibility activity; it is all about going beyond to keep the world livable without any significant damage. Green banking that considers all the social and environmental factors is also called ethical banking. The main objective of green Banking is to ensure the use of organizational resources in favor of the environment and society. Green banking as a concept is proactive and smart way of thinking with a vision for future sustainability of our only Spaceship earth. Bangladesh Bank is the first central bank in the world that has taken real initiatives to facilitate the way of Green banking practice. With some specific guidelines and legal frameworks the central bank of Bangladesh has been urging all the commercial banks in Bangladesh to develop their own Green Banking Policies.