Affiliation:
1. Chandigarh University, India
2. Graphic Era University (Deemed), India
Abstract
Green finance and responsible investment are gaining importance within the scope of sustainable development goals (SDGs). This chapter explores how important green finance is to improving the sustainability performance of Indian commercial banks. The study looks at how social, economic, and environmental aspects of green finance, such as green financing techniques, environmental risk management, and economic characteristics, affect sustainability performance. Information is acquired from primary sources through surveying and interviewing influential figures in the financial sectors with 392 respondents in New Delhi using a sampling (non-probabilistic) approach. The results highlight the possibility for financial institutions to promote favorable environmental outcomes while guaranteeing long-term economic viability, shedding light on the considerable impact of green finance's social, economic, and environmental components on sustainability performance.