Strategic Risk Management and Sustainable Banking

This book examines the role of strategic risk management (SRM) in the transformation of banks and their customers towards more sustainable business practices.Banks play a particularly important role in this transformation because they have been tasked with redirecting capital flows to sustainable investments. This book has two inter-related aims: to provide the reader with an analysis of the challenges associated with implementing strategic risk management as discussed in the existing literature, as well as to conduct an empirical investigation into SRM implementation in a large European Bank headquartered in the Nordic region.The book consists of 7 chapters. Chapters 1-3 introduce the main concepts, research question and theoretical framework.Chapters 4-6 describe the integration challenges associated with SRM in an empirical context, i.e., Nordbank.Finally, Chapter 7 presents key insights and avenues for future research. The book will benefit readers in a variety of ways, including p