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Business
Goa Institute Study Shows ESG Reporting Boosts Banking Transparency
✍️ Shiksha
🗓 12 Aug 2026, 03:03 PM
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A recent study by Goa Institute of Management indicates that incorporating ESG reporting can enhance transparency within India’s banking sector.
The Goa Institute of Management has released a study suggesting that environmental, social and governance (ESG) reporting can improve transparency in the banking sector.
ESG reporting involves banks disclosing information on their environmental impact, social responsibility and governance practices. The study argues that such disclosures can provide stakeholders with clearer insights into a bank’s operations.
By adopting ESG frameworks, banks could potentially reduce information asymmetry, thereby strengthening investor confidence and regulatory oversight.
The institute recommends that banks integrate ESG metrics into their annual reports and consider them in risk assessment processes.
ESG reporting involves banks disclosing information on their environmental impact, social responsibility and governance practices. The study argues that such disclosures can provide stakeholders with clearer insights into a bank’s operations.
By adopting ESG frameworks, banks could potentially reduce information asymmetry, thereby strengthening investor confidence and regulatory oversight.
The institute recommends that banks integrate ESG metrics into their annual reports and consider them in risk assessment processes.