Gender diversity in bank boardrooms helps to combat climate change

Leonardo Gambacorta, Livia Pancotto, Alessio Reghezza, Martina Spaggiari

Research output: Contribution to specialist publicationArticle

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Abstract

Banks with more gender-diverse boards provide less credit to browner companies. This evidence is robust when considering different types of emissions. Better-educated female directors grant lower credit volumes to more polluting firms. The "greening" effect of a greater female representation in banks' boardrooms is stronger in countries with more female climate-oriented politicians.
Original languageEnglish
Number of pages7
Specialist publicationSUERF Policy Brief
Publication statusPublished - 31 Jan 2023

Keywords

  • GHG emissions
  • gender
  • board diversity
  • credit registry
  • bank lending

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