DO CORPORATE SOCIAL RESPONSIBILITY PRACTICES AND GREEN FINANCE DIMENSIONS DETERMINE ENVIRONMENTAL PERFORMANCE? AN EMPIRICAL STUDY ON NORTH WESTERN PROVINCE BANKING INSTITUTIONS (WITH SPECIAL REFERENCE TO SELECTED STATE AND PRIVATE BANKS IN NORTH WESTERN PROVINCE)

Abstract

This study aims to examine the effects of Corporate Social Responsibility (CSR) and green fiancé dimensions on the environmental performance of banking institutions in a developing economy like north rvestern Province. The Independent variables are Green Financial Dimension and CSR activities. There are three Green Financial dimensions are Economics, Social and Envirdpmental. The dependent variable is Environmental Performance. This research studf relies on a data set derived from its survey of 300 employees who are working in selected state and private banks in North western province. A structured questionnaire was used as the method of data collection. The simple random sampling method was used to make the sampling framework and quantitative research approach used for this research study. This research has five objectives. So, the data were analyzed using descriptive statistics, correlation and simple regression analysis to achieve the objectives. The results suggested that CSR practices have a positive influence on the environmental performance. Furthermore, the results indicated that the Social, economic and environmental aspects of green financing significantly influence the environmental performance of banking institutions. Overall the paper concludes that CSR practices and financing of various eco-friendly projects play a crucial role in improving the environmental performance of organizations and ultimately promote a sustainable development in country. Finally, the study's findings can help managers of banking institutions in emerging economies like North western province strengthen internal resourced such as CSR activities and green finance to improve environment performance. Therefore, the major policy implications are further discussed.