21st Century, is the era
of going green and need of green in every small activity of individual as well
as corporate. The rapid pace of industrialization and globalization has
significantly accelerated the study of environmental issues worldwide. The
alarming rise in global warming has compelled business sectors to adopt
eco-friendly practices as part of their responsibility toward society. In the
search of the same green agenda, scholars have claimed that, Human Resource
Management (HRM) has integrated the concept of incorporating with environmental
studies and making it ‘Green HRM’. It is the need of hour to collaborate the
human resource management initiatives with the environmental studies therefore,
the study is undertaken to explore the current green HRM initiatives in Banking
industry.
The
purpose of the study is to explore the Impact of Green Human Resource
Management initiative in Banking Sector. The research gap identified from the
review of literature is as follows Firstly, from the past literature; it was
found that most of the research studies were concentrated on examining the
impact of green human resource management initiatives on employee and
organizational performance. Secondly, it was found that most of the studies
have been conducted on hotels, health, and the IT sectors. However limited
studies have been performed in the context of green Human Resource Management
initiatives in Banking Sector. The roles of Green Human Resource Management in
promoting sustainable development were studied theoretically but green
initiatives under Human Resource Practices were studied in limited studies
only. Lastly, most of the studies related to green Human Resource Management
were conducted in countries like the USA, Malaysia, and the UK. Very limited
studies have focused on Green Human Resource Management Initiatives in the
Indian context.
