Impact of Green Banking Initiatives on The Level of Carbon Foot Print - An Empirical Study

This paper investigates how far the green banking initiative has reduced the level of carbon footprint. Now-a-days the carbon footprint levels are drastically increasing to reduce its usage the banking industry introduced the new concepts called green banking. Its main aim is to bring paperless banking towards customers. The aim of the present study is to examine the impact of green banking initiative on the level of carbon footprint. To achieve this objective, the hypothesis were framed and the study found that Green banking initiatives such as retail electronic payment system adopted by the banker contributes to the great extent to reduction on the level of carbon foot print.