Abstract
Banks have an influence on the global economy through their capacity of funding. Regarding the policy of the banks, they can ease or not the funding of sustainable development policies or projects. Apart from "greenwashing" strategies the initiatives taken to fund sustainable development are limited but permitted by the socially responsible investment.
Socially responsible investment "also known as sustainable, socially conscious, green or ethical investing, is any investment strategy which seeks to consider both financial return and social good". It is a set of investment decisions based on criteria that integrate social and environmental positive or negative side effects. "SRI industry can be summarized as environment, social justice, and corporate governance, as in environmental social governance (ESG) issues". The investment decision is taken after an accurate financial analysis of the firm or project that needs funding.
