Gender diversity in bank boardrooms helps to combat climate change

Tools

Gambacorta, Leonardo and Pancotto, Livia and Reghezza, Alessio and Spaggiari, Martina (2023) Gender diversity in bank boardrooms helps to combat climate change. SUERF Policy Brief. (https://www.suerf.org/suer-policy-brief/60453/gend...)

[thumbnail of Gambacorta-etal-SUERF-2023-Gender-diversity-in-bank-boardrooms-helps-to-combat-climate-change]
Preview
 Text. Filename: Gambacorta_etal_SUERF_2023_Gender_diversity_in_bank_boardrooms_helps_to_combat_climate_change.pdf
Final Published Version
License: Strathprints license 1.0
Download (766kB)| Preview

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.

ORCID iDs

Gambacorta, Leonardo, Pancotto, Livia ORCID logoORCID: https://orcid.org/0000-0001-9247-3662, Reghezza, Alessio and Spaggiari, Martina;
CORE (COnnecting REpositories)