ABSTRACT
This chapter investigates how corporate social responsibility (CSR) may connect to the value chain in the banking industry. It concentrates on the banking industry's value chain as a whole and investigates banks' corporate social responsibility. Banks have a small direct impact on sustainable development because of the low resource intensity of their production processes. The chapter illustrates, the CSR of some internationally operating banks; we will not investigate their economic impact. Financial intermediaries satisfy the portfolio preferences of borrowers who wish to expand their holdings of real assets and the portfolio preferences of lenders who wish to hold their net worth in financial assets. Financial intermediaries may issue claims on themselves and use the proceeds to purchase other financial assets. Quantitative environmental goals were stated by the United States (US) and British banks, Deutsche Bank, and Credit Suisse. Banca Intesa and Mizuho Financial Group were the only banks that did not provide an explicit environmental policy.
