| Author | Mayer, Beatriz |
| Call Number | AIT Thesis no.UE-98-23 |
| Subject(s) | Banks and banking--Thailand--Bangkok--Environmental aspects
|
| Note | A thesis submitted in partial fulfillment of the requirements for the degree of Master of
Science. School of Environment, Resources and Development
|
| Publisher | Asian Institute of Technology |
| Abstract | Today the world is experiencing an acceleration of environmental degradation accompanied
by an increased involvement in environmental issues. Banks and financial institutions, who are
lending the capital for investment in commercial and industrial development, are becoming
more aware of their customers involvement in environmental issues.
This new involvement is not due to a sudden increase in environmental awareness or
consciousness "for preservation of the environment and/or conservation of natural resources",
but it is due rather too the financial exposure of the banks to the environmental liabilities of
their customers. Thus the bank shave a new financial risk associated with the accountability
and exposure of their industrial customers, whose production processes or products negatively
impact on the environment (through the use or production of toxic, infectious or hazardous
materials). The banks therefore are indirectly responsible and financially accountable for
environmental degradation.
This paper studies the level of awareness and the current responses of both local and
international banks in the Bangkok Metropolitan Region to environmental issues and
environmental risks. What responses are the banks giving to the increased significance of
environmental issues? The study included a survey of over 30 banks in Bangkok. Results
indicate that banks are being slow to follow this international trend.
The study also analyses the growing need that banks in Bangkok will be facing as new
scenario changes take place. |
| Year | 1999 |
| Type | Thesis |
| School | School of Environment, Resources, and Development |
| Department | Department of Energy and Climate Change (Former title: Department of Energy, Environment, and Climate Change (DEECC)) |
| Academic Program/FoS | Urban Environmental and Management (UE) |
| Chairperson(s) | Zimmermann, Willi; |
| Examination Committee(s) | Buchel, Bettina ;Frankel, Richard; |
| Scholarship Donor(s) | Asian Institute of Technology Fellowship; |
| Degree | Thesis (M.Sc.) - Asian Institute of Technology, 1999 |