财政与货币金融教研室学术讲座

报告题目：Do Banks Become Green when They Make Green Commitment?

报  告 人：陕晨煜（上海财经大学金融学院 副教授）

主  持 人：张一林（中山大学岭南学院 副教授）

时      间：2024年4月16日（周二）12:00

地     址：岭南堂汪道涵会议室（101）

语     言：中文

摘要:

Banks from more than 70 countries have signed the United Nations Principles for Responsible Banking (PRB) as their commitment to becoming socially responsible. However, the efficacy of such commitment is less understood. In this paper, we investigate whether and how banks fulfill their green commitment by providing bank-, firm-, and loan-level evidence. We find that banks with higher ESG scores are more likely to sign PRB. Signatory banks extend more sustainability-linked loans and become reluctant to initiate lending relationships with polluting firms after singing. However, they did not cut lending to their existing polluting borrowers, neither did their borrowers reduce pollution or achieve better environmental performance. Our findings suggest that banks tend to engage in green activities in visible terms, while their real environmental performance may not have improved.

报告人介绍：

        陕晨煜，上海财经大学金融学院副教授，终身教职，中美富布赖特学者，香港大学金融学博士。研究领域包括信用市场、金融机构、公司金融和企业社会责任。研究论文发表于Journal of Finance, Journal of Accounting and Economics, Review of Finance等国际顶级期刊。论文曾多次入选西部金融年会(WFA), 欧洲金融年会(EFA), 金融中介研究年会(FIRS)等学术会议；获得上海市哲社奖学术成果二等奖、中国国际金融年会最佳论文奖(CICF Best Paper), 华人金融协会最佳论文奖(TCFA Best Paper),亚太金融市场年会杰出论文奖(CAFM Outstanding Paper)等。主持国家自然科学基金青年和面上项目。担任International Review of Finance副主编；香港研究资助局外部评审；Management Science，JFQA等期刊审稿人。

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