ISO 14001 Standards Implementation in the European Union Bank of Organisations
ISO 14001 Standards Implementation in the European Union Bank of Organisations

Summary/Abstract: EU banking organizations have adapted quickly the practice of using international environmental management standards ISO 14001 which regulate the actions needed to be undertaken in the environmental field, the laws and the principle of continuous improvement of environmental performance. The purpose of this article is to identify the level of implementation of ISO 14001 by banking organizations in U.E by identifying the extent to which business goals and banking organizations strategies are adopted to achieve environmental policies. In this sense, a focus group qualitative research was conducted, on a sample of 54 European banking organizations. In the interviews they were used mixed methods of collecting and analyzing data. The main results obtained showed high importance given to organizations reduces the volume of waste, energy, water and consumables as well as monitoring the environmental risks of projects funded. Most banks apply strategies based on sustainable development programs and the implementation of integrated policies of banking products. Although organizations given priority to promoting "green products" and active environmental programs by empowering economic agents, environmental monitoring system of the environmental risks show some weaknesses especially on the surveillance of companies funded performing activities that show a high degree of ecological risk or have already generated a negative impact on the environment. Originality is determined by identifying the item of preference. Basically banking organizations declare in reports that they are increasingly involved in environmental actions while indicators of the operational and management performance indicate a visible improvement, but lowered due to the current conditions.

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