Green HRM: Leveraging HR Practices to Achieve Environmental Sustainability in Organizations

  Introduction This blog examines the strategic role of Green Human Resource Management (GHRM) in fostering environmentally responsible workplaces and promoting sustainable organizational practices. It explores how key HR functions such as green recruitment, training, performance management, leadership, and rewards contribute to environmental sustainability while enhancing employee engagement and organizational performance. Additionally, the discussion highlights regulatory frameworks, supporting institutions, and practical strategies to overcome challenges in implementing GHRM effectively. Green Human Resource Management (GHRM) Green Human Resource Management (GHRM) incorporates environmentally friendly ideas into human resource activities in order to foster a sustainable organizational culture (Aggarwal & Agarwala, 2023). It is an important green business strategy that improves environmental performance and promotes long-term sustainability (Afriha, 2024). GHRM promotes sus...

Introduction This blog examines how Green Human Resource Management (GHRM) is driving sustainability in Sri Lankan and global banks. It explores how HR practices integrate environmental responsibility, employee engagement, and green operations. The discussion highlights both local and international examples to demonstrate HRM’s strategic role in promoting sustainable banking. Overview of the Banking Sector in Sri Lanka The banking industry dominates Sri Lanka's financial system, accounting for 61.9% of total financial assets in 2024. It has 30 licensed banks, including 24 commercial banks and six specialized banks. The sector maintained high capital and liquidity levels, exceeding regulatory standards. Banks added 13 new branches and 368 ATMs this year. Total assets increased by 8.7% year on year, driven mostly by increased investments and financial stability measures. Banks' investments and financing activities assist government operations and long-term economic growth, indi...