Facing climate risk: how can corporate social responsibility support bank stability in Europe

Key Points

• The research aims to investigate the relationship between corporate social responsibility and bank stability in the context of climate risk.
• Analyzed frameworks of corporate social responsibility within the banking sector.
• Examined impacts on bank stability considering climate-related risks in Europe.
• Identified significant positive correlations between effective corporate social responsibility practices and improved bank stability.
• Highlighted the necessity for banks in Europe to adopt sustainability measures to mitigate climate risks.