Research Article

A Survey on Comparative Analysis of ESG Performance: FinTech vs. Traditional Financial Institutions

Volume: 6 Number: 1 June 30, 2026
EN

A Survey on Comparative Analysis of ESG Performance: FinTech vs. Traditional Financial Institutions

Abstract

The convergence of financial technology (fintech), traditional finance and sustainable finance represents an important development in the pursuit of responsible and ethical financial systems. This review paper examines the current landscape of fintech and non-fintech applications within the realm of sustainable finance, particularly focusing on the integration of environmental, social, and governance (ESG) criteria. Based on a comprehensive analysis of scholarly articles, industry reports, and regulatory frameworks, the study synthesizes key trends, challenges, and opportunities in these domains.

Keywords

References

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  3. Ahmad, N., Mobarek, A., & Roni, N. N. (2021). Revisiting the impact of ESG on financial performance of FTSE350 UK firms: Static and dynamic panel data analysis. Cogent Business & Management, 8(1). https://doi.org/10.1080/23311975.2021.1900500
  4. Allen, F., & Carletti, E. (2009). The roles of banks in financial systems. In Oxford University Press eBooks. https://doi.org/10.1093/oxfordhb/9780199640935.013.0002
  5. Atayah, O. F., Najaf, K., Ali, M. H., & Marashdeh, H. (2023). Sustainability, market performance and FinTech firms. Meditari Accountancy Research, 32(2), 317–345. https://doi.org/10.1108/medar-08-2021-1405
  6. Baig, U., Zehra, S., Anjum, S., & Hussain, M. (2022). FinTech past and future: Ecosystem, business model and its proximate challenges. Pakistan Business Review, 24(1). https://doi.org/10.22555/pbr.v24i1.645
  7. Basel Committee on Banking Supervision. (2018). Sound practices: Implications of FinTech developments for banks and bank supervisors. Bank for International Settlements. https://www.bis.org/bcbs/publ/d431.pdf
  8. Bhuiyan, M. A., Rahman, M. K., Patwary, A. K., Akter, R., Zhang, Q., & Feng, X. (2024). Fintech adoption and environmental performance in banks: Exploring employee efficiency and green initiatives. IEEE Transactions on Engineering Management, 71, 11346–11360. https://doi.org/10.1109/tem.2024.3415774

Details

Primary Language

English

Subjects

Microeconomics (Other)

Journal Section

Research Article

Publication Date

June 30, 2026

Submission Date

February 7, 2026

Acceptance Date

May 29, 2026

Published in Issue

Year 2026 Volume: 6 Number: 1

APA
Sedghiani, N., & Doğan, B. (2026). A Survey on Comparative Analysis of ESG Performance: FinTech vs. Traditional Financial Institutions. Industrial Policy, 6(1), 15-25. https://doi.org/10.61192/indpol.1883149
AMA
1.Sedghiani N, Doğan B. A Survey on Comparative Analysis of ESG Performance: FinTech vs. Traditional Financial Institutions. INDPOL. 2026;6(1):15-25. doi:10.61192/indpol.1883149
Chicago
Sedghiani, Nawres, and Burak Doğan. 2026. “A Survey on Comparative Analysis of ESG Performance: FinTech Vs. Traditional Financial Institutions”. Industrial Policy 6 (1): 15-25. https://doi.org/10.61192/indpol.1883149.
EndNote
Sedghiani N, Doğan B (June 1, 2026) A Survey on Comparative Analysis of ESG Performance: FinTech vs. Traditional Financial Institutions. Industrial Policy 6 1 15–25.
IEEE
[1]N. Sedghiani and B. Doğan, “A Survey on Comparative Analysis of ESG Performance: FinTech vs. Traditional Financial Institutions”, INDPOL, vol. 6, no. 1, pp. 15–25, June 2026, doi: 10.61192/indpol.1883149.
ISNAD
Sedghiani, Nawres - Doğan, Burak. “A Survey on Comparative Analysis of ESG Performance: FinTech Vs. Traditional Financial Institutions”. Industrial Policy 6/1 (June 1, 2026): 15-25. https://doi.org/10.61192/indpol.1883149.
JAMA
1.Sedghiani N, Doğan B. A Survey on Comparative Analysis of ESG Performance: FinTech vs. Traditional Financial Institutions. INDPOL. 2026;6:15–25.
MLA
Sedghiani, Nawres, and Burak Doğan. “A Survey on Comparative Analysis of ESG Performance: FinTech Vs. Traditional Financial Institutions”. Industrial Policy, vol. 6, no. 1, June 2026, pp. 15-25, doi:10.61192/indpol.1883149.
Vancouver
1.Nawres Sedghiani, Burak Doğan. A Survey on Comparative Analysis of ESG Performance: FinTech vs. Traditional Financial Institutions. INDPOL. 2026 Jun. 1;6(1):15-2. doi:10.61192/indpol.1883149