NFRCSR (Non-Financial Reporting and CSR) Resource Centre >
International section >
Latest News Notes and related content Detailed map of International section Sitemap
Other (ethical banking, microfinance)
· GRI Global Reporting Initiative > e.g.
o Reporting Framework >
§ G3 Online >
o Financial Services
§ Sector Supplements >
· CorporateRegister.com »is the world's largest online directory of corporate non-financial reports. These include CSR, sustainability, environmental and social reports.« >> e.g.
o Advanced Companies Search & Advanced Reports Search
§ Business Sector:
· Banks
· Insurance
· Investment Companies
· Life Assurance
· Speciality & Other Finance
o GRI Guidelines Register (Find reports using the GRI guidelines) > e.g.
§ Search by: Business Sector
o AA1000AS Register (Find reports using the AA1000AS assurance standard) > e.g.
§ Search by: Business Sector
o Global Compact Register > e.g.
§ Search by: Business Sector
· The Equator Principles »A framework for banks to manage environmental and social issues in project financing«
o See also:
§ Ethical Corporation >> e.g.
· By Invitation: Debate: project finance – The Equator Principles – Is it a happy fifth birthday for the Equator Principles? (7 July 2008) - No, still need to do better, says Johan Frijns, BankTrack
· The Equator Principles: A toddler finds its feet, but still takes an occasional tumble (14 November 2007)
§ SocialFunds >> e.g.
· Revised Equator Principles Fall Short of International Best Practice for Project Finance (12 July 2006; By: Bill Baue)
· ABI Association of British Insurers (UK) >>
o Guidelines on Environmental Management and Reporting for the Financial Services Sector
§ The FORGE Group represents eight major UK financial institutions.
· VfU Verein für Umweltmanagement in Banken, Sparkassen und Versicherungen e.V. (Augsburg, Germany)
o = »The First Industry-Specific Association for Environmental Management in Banks, Savings Banks, and Insurance Companies.«
o > e.g.
§ Leistungen > e.g.
· Seminare >
o UNEP FI / VfU Workshop (1. Juni 2006):
§ »Nachhaltigkeitsberichterstattung bei Finanzdienstleistern«
o SoFi-Schulung: "VfU Kennzahlen anwenden" (22. Februar 2006)
o Umweltbilanzierung in der Praxis (30. September 2004)
· Roundtable > e.g.
o UNEP FI / VfU Roundtable 2009:
§ Mission Possible - Verantwortung übernehmen: Wirtschaftskrise und Nachhaltigkeit (18-19 November 2009, München)
o UNEP FI / VfU Roundtable 2008:
§ Klimaschutz: Praktische Umsetzung (4-5 November 2008, Stuttgart)
o UNEP FI / VfU Roundtable 2007:
§ Corporate Social Responsibility- mehr als Umweltmanagement (13-14 November, München)
o UNEP FI / VfU Roundtable 2006:
§ Klimawandel-Chance und Risiko für die Finanzbranche (21-22 November, Berlin)
o UNEP FI / VfU Roundtable 2005:
§ Nachhaltigkeitsmanagement für Finanzdienstleister (22 & 23 November) >
· 26 Präsentationen > e.g.
o Nachhaltigkeitsberichterstattung - Anforderungen, Best Practice und Trends (.pdf hat 5 pp.)
o Management von Umwelt- und Nachhaltigkeitsdaten am Beispiel von Sofi (.pdf hat 12 pp.)
o VfU Indicators 2005 (.pdf hat 6 pp.)
o Fachtagung 2004:
§ Finanzdienstleister zur Nachhaltigkeit (24. und 25. November)
o Fachtagung 2003:
§ Nachhaltige Entwicklung und Anforderungen an Finanzdienstleister (26. und 27. November)
· VfU Kennzahlen
o Bereits 1996 setzte der VfU einen Standard zur Umweltbilanzierung bei Finanzdienstleistern.
· UNEP United Nations Environment Programme >
o Other thematic areas >
§ Business & Industry > Focus Areas >
· Finance >
o UNEP FI (Finance Initiative) > e.g.
§ Work Streams >
· Climate Change
· Insurance
· Investment
· Property
o UNEP FI Stakeholder Forum on Sustainability Management & Reporting (SMR) >
§ Report: Sustainability Management and Reporting Sustainability Management and Reporting: Benefits for Financial Institutions in Developing and Emerging Economies (.pdf, December 2006, 32 pp.)
o EPI-Finance, SPI-Finance, VfU, FORGE I & II
o >>
§ UNEP FI / GRI Pilot Process (Pilot Process for the GRI Financial Services Sector Supplement)
· Biodiversity
· Human Rights
· Finance and Conflict
· Water
· Africa
· Asia Pacific
· Central and Eastern Europe
· Latin America
· North America
· Western Europe
§ Publications > also
· e-bulletin > also
o news related to sustainability reporting in the financial sector
§ Events
§ Tools >
· Environmental & Social Responsibility Observatory (ESRO)
· Human Rights Tool (Human Rights Guidance Tool for the Financial Sector)
· Environmental Risk Briefings
§ See also: UNEP >> DTIE >> Energy Branch >> e.g.
· Publications > e.g.
o Investing in a Climate for Change - Engaging the Finance Sector (.pdf, 2008, 15 pp.)
o SEFI Sustainable Energy Finance Initiative
· E2 Management Consulting AG (Switzerland) > e.g.
o Our Services > e.g.
· »Besides individual indicators for companies, E2 has already helped develop sector-specific indicator standards, such as EPI-Finance 2000, SPI-Finance 2002 and the VfU Indicators 2005.«
· Social Performance Indicators for the Financial Industry
o »A set of social performance indicators tailored for financial institutions: This is what the SPI-Finance 2002 project has developed for banks and insurance companies which face the challenge of measuring and reporting on their social performance.«
· Environmental Performance Indicators for the Financial Industry (2000)
· The Associazione Bancaria Italiana (ABI; Italy) >>
o ABIlearning >
§ Corsi >
· Responsabilità Sociale d'Impresa
§ Libri > Volumi > Responsabilità Sociale d'Impresa > e.g.
· Banche e microfinanza
· La bancarizzazione dei "nuovi italiani"
· (Book in English) Operational Guidelines on Banking Corporate Social Responsibility - Creating Value Through Listening to Stakeholders: Strategies, Policies and Tools of Csr (Anno 2006, Pagine 130, Autore: ABI)
· Il migrant banking
· Linee Guida operative sulla Responsabilità sociale d'impresa in banca
· La finanza specializzata per il terzo settore in Italia
· Banche italiane e clientela immigrata
· La RSI e il bilancio sociale nelle banche e nelle altre imprese
· Il Bilancio Sociale nelle banche italiane
· La banca etica
· Banca e responsabilità sociale, ambientale ed etica
· Modello di redazione del Bilancio Sociale per il settore del credito
o ABI Eventi >
§ Forum CSR >> e.g.
· Forum CSR 2010 - Responsabilmente trasparente: l'evoluzione del mercato. Banche, istituzioni e stakeholder a confronto
o Centro Convegni Matteo Ricci
o 10 e 11 Febbraio 2010
· 4th Forum CSR 2009 (27 and 28 January 2009)
· Forum CSR. Atti del convegno ABI del 24 e 25 ottobre 2006
o See also
§ Related news at CSR Europe: 'Operational guidelines on Banking Corporate Social Responsibility' published by ABI (10 December 2009)
· PE Consulting Group (also German version of website) offers its clients extensive support in all questions concerning the sustainability of products, processes and services. >
o Software > e.g.
§ SoFi Software (software for sustainability reporting of financial service providers) was developed by PE Europe in a multi client project, together with four banks/saving banks and one insurance. The project was supported by the Association for Environmental Management in Banks, Savings Banks and Insurance Companies (VfU).
o >>
§ »The 'Benchmarking Platform Finance' is accessible via the internet and provides individual evaluation of one's own performance against a peer group - thanks to the support of UNEP FI and VfU who delivered the content frame used in the platform. The concept and service was introduced at the UNEP FI / VfU roundtable (22nd and 23rd Nov 2007 in Berlin)«
· Claremont McKenna College (USA, California) > Research Institutes >
o Roberts Environmental Center > e.g.
· Sector:
o Banks, Insurance, and Diversified Financials Sectors
§ Published PSI Sector Reports >
· 2008 Banks, Insurance, and Diversified Financials Sectors (.pdf, 9 December 2008, 57 pp.)
· The annual competition for the "Best MBA Paper in Corporate Citizenship"
o »is conducted by The Center for Corporate Citizenship at Boston College and Net Impact.«
o >
§ 2005 MBA Award winning paper examines the implications of legislation to mandate non-financial reporting in the banking and financial services industry, and advocates for banks to create a strategic approach to corporate social responsibility.
· Corporate Social Responsibility: Strategic Recommendations for U.S. Banks (29 August 2005, 17 pp., available as .pdf; By: Douglas J. Young, University of California – Berkeley, Haas School of Business)
· ICAA Institute of Chartered Accountants in Australia >
o Industry Influence > Leadership >
§ Reporting >
· Broad Based Business Reporting: The complete reporting tool (.pdf, October 2008, 40 pp.) - The new benchmark in business reporting >
o KPI guidance – financial services business (banking and insurance)
· IFC International Finance Corporation »the private sector investment arm of the World Bank Group, is a global investor and advisor committed to developing a sustainable private sector in emerging markets.« > e.g.
o Topics A-Z > e.g.
§ Environment = Sustainability = Environment & Social Development > e.g.
· Products & Services > e.g.
o Sustainability Business Innovation >
§ Sustainable Investing (formerly Sustainable Financial Markets Facility)
· Sustainable Investing works with international organizations, institutional investors and investment research houses to provide research and convening around new trends in sustainable finance.
· Environmental and Social Standards
o »IFC applies to all the projects it finances environmental and social standards to minimize their impact on the environment and on affected communities.«
o »IFC has emerged as a global standard setter on environmental and social development for financial market institutions and the private sector.«
o See also:
§ SocialFunds.com >
· News > News Center >> e.g.
o Environmental, Social and Governance Standards: Glass Half-Empty or Half-Full? (28 November 2007)
o New International Finance Corporation Sustainability Standards: Watershed or Watered Down? (23 November 2005; By: William Baue)
§ »A group of socially responsible investors express concern over perceived shortcomings in the proposed IFC policy revisions, while the IFC points out where the policies break new ground.«
o IFC Urged to Include Corporate Screens and Address Climate Change in New Standards (13 May 2005)
· Publications > e.g.
o Sustainable Finance > e.g.
§ Banking on Sustainability - Financing Environmental and Social Opportunities in Emerging Markets (March 2007; .pdf has 92 pp.)
· See also related press release at CSRwire: Banks Gain Competitive Edge through Sustainability-Oriented Risk Management and Product Development, Says New IFC Publication "Banking on Sustainability" (27 March 2007)
§ Sustainability Banking in Africa (September 2004)
§ Beyond Risk (2003)
§ Global Financial Markets >
· Sustainability and Climate Change Finance
o Through its client base of over 400 FIs (financial intermediaries), IFC has created innovative new structures in renewable energy finance and developed customized credit lines that help SMEs make energy efficiency upgrades, invest in cleaner production technology, incorporate sustainability standards into supply chains, and strengthen corporate governance standards.
o >
§ Our Sustainable Finance Products:
· By Banking Business Line
o Our goal is to integrate sustainability into IFC's full range of products for financial sector clients.
o >
§ Commercial Lending
§ Housing Finance
§ Municipal Finance
§ Project Finance
· By Sustainable Product Line
o Cleaner Production
o Corporate Governance
o Energy Efficiency
o Renewable Energy
o Sustainable Supply Chain
§ Capacity Building
o News > e.g.
§ Media tools >
· Sustainable Investor newsletter
o (monthly e-newsletter of news and trends in emerging market finance and development.)
· UN Global Compact > e.g.
o Communicating Progress > e.g.
§ COP Search (Communication on Progress) > e.g.
· Search for: Type of Participant:
o Business participants only
§ Choice of Industry segment, company size and Global 500 status:
· Finance & Insurance
· Companies selected for the quality of their COP (listed by industry)
· > also
o Finance & Insurance
o Issues >
· Publications > e.g.
o Unlocking Value: The Scope for Environmental, Social and Governance Issues in Private Banking (January 2007; .pdf has 26 pp.; Report by UNEP FI)
o Principles for Responsible Investment
o »Who Cares Wins« – One Year On
§ (.pdf has 27 pp., Autumn 2005)
§ Read related article at SocialFunds.com (By William Baue, 10 November 2005)
o Environmental, Social and Governance Factors… Gaining Momentum in Mainstream Investing . . . or Not?
§ (.pdf has 8 pp., October 2005; Report by The Conference Board)
o Investing for Long-Term Value - Integrating environmental, social and governance value drivers in asset management and financial research
§ (.pdf has 32 pp.; Conference Report, Zurich, 25 August 2005)
o Who Cares Wins – Connecting Financial Markets to a Changing World
§ (.pdf has 58 pp.; December 2004)
· Documents & Standards
· Further Links
· UNEP United Nations Environment Programme > Other thematic areas > Business & Industry > e.g.
o Division of Technology, Industry, and Economics (DTIE) > Division of Technology, Industry, and Economics >
§ Branches > e.g.
· Sustainable Consumption and Production > Further information > Sustainable Consumption and Production Branch (SCP Branch) > Policies > WSSD & CSD >
o CSD 14/15 (2006) >
§ Class of 2006: Industry Report Cards on Environment and Social Responsibility
§ >
· Services >
o Finance (.pdf, 2 pp.)
o WSSD >
§ DTIE contribution to WSSD > Highlights > Industry as a Partner for Sustainable Development – 22 sectoral reports (2002; Series) >
· Finance and Insurance (.pdf has 76 pp.)
· Business & Partnerships >
o Further information > Business & Partnerships >
§ Voluntary Initiatives > e.g.
· Sector Initiatives >
o Focus areas >
§ Finance >
· Finance Initiatives (= UNEP Finance Initiative = UNEP FI)
· Energy Finance > e.g.
o Risk Management > Export Credit RE Working Group > e.g.
§ Workshops & Conferences > e.g.
· 5th Workshop on the environment (April 2006; Vienna, Austria) > e.g.
o Session 3-4: Sustainability Reporting / Disclosure Policies > e.g. (Presentations)
§ Scope of reports: Direct impacts (material use, wastes, indirect GHG emissions) and/or indirect impacts (screening environmental risk of projects) (ppt., 21 slides; By: Ms Eveline Balogh, OeKB)
§ The Global Reporting Initiative 2002 Sustainability Reporting Guidelines and Financial Services Sector Supplement: Environmental Performance – perspectives from a financial institution (.pdf, 28 pp.; By: Mr Paul Mudde, Elephas Consulting)
· Sustainable Energy Finance Initiative (SEFI)
· OECD Organisation for Economic Co-operation and Development > e.g.
o By Department > OECD Secreteriat > DAF Directorate for Financial and Enterprise Affairs > International Investment > Guidelines for Multinational Enterprises >>
§ Roundtable on Corporate Responsibility: OECD Guidelines for Multinational Enterprises and the Financial Sector (Paris, 18 June 2007) > e.g.
· Documentation > e.g.
o Background paper: Corporate Responsibility Practices of Financial Institutions in OECD and Important Non-OECD Countries (.pdf, May 2007, 46 pp.; By EIRIS)
· The Network for Sustainable Financial Markets (NSFM) is an international, non-partisan network of finance sector professionals, academics and others who have an active interest in long-term investing. We believe that the recurring crises recently experienced in our financial markets are not isolated incidents. Rather, this instability is evidence that the financial market system is in need of well thought-out reform so that it can better serve its core purpose of creating long-term sustainable value.
· The Financial Stability Forum (FSF; Basel, Switzerland) was convened in April 1999 to promote international financial stability through information exchange and international co-operation in financial supervision and surveillance.
o Financial Stability Forum was re-established as the Financial Stability Board (2 April 2009)
o See also
§ related article at Guardian: G20 summit recovery package: 'A global plan on unprecedented scale' (3 April 2009; By Heather Stewart) - Reforming banks, restoring growth and boosting trade at heart of historic communique
· GFI Global Finance Initiative (GFI Share Space)
o The GFI is a project of Global Action Network Net (GAN-Net) and iScale, supported with funding from the Ford Foundation.
o >
§ GFI Final Report and Call for World Commission on Global Finance (.pdf, 26 March 2009, 47 pp.), entitled »Creating a Global Finance System for the 21st Century: An Action Strategy«
o See also
§ related news at CSRwire: Finance Stakeholders Call for World Commission on Global Finance (26 March 2009)
· New Rules for Global Finance is a coalition of development, human rights, labor, environmental, and religious organizations and scholars dedicated to the reform of the global financial architecture in order to stabilize the world economy, reduce poverty and inequality, uphold fundamental rights, and protect the environment.
· GCGF Global Corporate Governance Forum (OECD / WB Partnership) >> e.g.
o Towards an Accountable Capitalism (.pdf, 2009, 20 pp.; Private Sector Opinion — Issue 13; By Stephen Davis, Jon Lukomnik and David Pitt-Watson)
§ The global credit crisis has been a systemic failure. In this monograph, we try to set out some of what went wrong, and how to develop the framework of policy and institutions needed to ensure a vibrant and stable financial system in the future…
· Policy Innovations »online magazine features ideas for a fairer globalization and a network of innovators.« (project is based at the Carnegie Council in New York City.) > e.g.
o Keyword search >
§ Finance
· MHCi MHC International Ltd (UK; Managing director: Michael Hopkins) > e.g.
o Publications > Monthly Features > e.g.
§ Turbulent Times: CSR Now needed more than ever before (October 2008) - … Turbulent times: financial storms in the US and UK will have implications for all of us...
· Sea Change - a nationally syndicated weekly radio show and podcast on corporate sustainability and accountability (by Bill Baue & Francesca Rheannon). >> e.g.
o Banking Futures: Making Money Sustainable (17 June 2009)
o A Global Green Deal (19 November 2008)
o Hazel Henderson on the Post-Wall Street Shift from a Global Casino to a Sustainable Economy (22 October 2008)
§ See also related post by Hazel Henderson at Ethical Markets: And we All Thought that Banks had Money!
· CSRwire >>
o The Latest Corporate Social Responsibility News: Sustainable Banking = Oxymoron? (14 April 2009; By Bill Baue) - In these days of trillion-dollar bailouts of major financial institutions, the terms "sustainable" and "banking" may seem more contradictory than complementary.
· The Boston Globe >> e.g.
o Wall Street and the climate crisis (29 September 2008; By Mindy Lubber)
· GTI Global Transparency Initiative
o »is a network of civil society organisations promoting openness in the International Financial Institutions (IFIs), such as the World Bank, the IMF, the European Investment Bank and Regional Development Banks.«
o »connects organisations worldwide which are monitoring international financial institutions (IFIs) such as the World Bank, the IMF, and regional development banks.«
· The Bretton Woods Project (BWP; London) works as a networker, information-provider, media informant and watchdog to scrutinise and influence the World Bank and International Monetary Fund (IMF).
o »partners with civil society in developing and transition countries to influence the World Bank and other international financial institutions to promote social and economic justice and ecological sustainability.«
o »is an international non-governmental organisation (NGO) with member organisations currently from 11 countries across the central and eastern European region. The aim of the network is to monitor the activities of the international financial institutions (IFIs) which operate in the region, and to propose constructive alternatives to their policies and projects in the region.«
· One World Trust - making global governance more accountable > e.g.
o Projects > e.g.
§ International Financial Institutions and Multilateral Development Banks
· CSRwire >
o CSR Directory >
§ Search Category:
· International Financial Orgs with Standards and Codes
o See also:
§ Policy Innovations »online magazine features ideas for a fairer globalization and a network of innovators.« > Ideas > Policy Library >
· Global Survey of Environmental, Social and Governance Policies (December 2009; By Michael Kane) >
o Global Survey of Environmental, Social and Governance Policies with National Governments, International Organizations and Institutional Investors (.pdf, Revised 31 December 2009, 30 pp.) >
§ National Finance Development Agencies Promoting ESG Performance
§ National Private Financial Organizations
§ Multilateral Development Banks Promoting ESG Performance
§ Banking Organizations Promoting ESG Performance
o See also
§ Earlier versions at: ASrIA (.pdf, Revised 29 May 2009, 20 pp.), UN Global Compact (.pdf, Revised 5 February 2008, 10 pp.)
o »is a network of civil society organisations and individuals tracking the operations of the private financial sector (commercial banks, investors, insurance companies, pension funds) and its effect on people and the planet.«
o > e.g.
§ banks (= bank profiles)
§ focus >
· Banking crisis
· Banks and arms
· Banks and human rights
· Banks, climate and energy
· Chinese banks
· Nuclear banks no thanks
· The equator principles
§ members (as of November 2008) >
· members:
o Amigos da Terra Amazonia Brasileira (Brazil)
o Berne Declaration (Switzerland)
o CEDHA (Argentina) - Center for Human Rights and Environment
o CRBM (Italy) - Campagna per la Riforma della Banca Mondiale
o Friends of the Earth US (United States)
o International Rivers (United States)
o Les Amis de la Terre (France)
o Milieudefensie (Netherlands)
o Mineral Policy Institute (Australia)
o Netwerk Vlaanderen (Belgium)
o Pacific Environment (United States)
o Platform (United Kingdom)
o Rainforest Action Network (United States)
o SETEM (Spain)
o Urgewald (Germany)
o WEED (Germany)
o WWF UK (United Kingdom)
· partners:
o FoE Europe (Belgium) - Friends of the Earth Europe
o Friends of the Earth Japan
o Global Witness (United Kingdom)
o Greenpeace International (Netherlands)
o Profundo (Netherlands)
o SOMO (Netherlands) - Stichting Onderzoek Multinationale Ondernemingen (center for Research on Multinational Corporations)
o The Corner House (United Kingdom)
o WISE (Netherlands) - World Information Service on Energy
o World Resources Institute (USA)
§ dodgy deals
§ news
§ publications >
· banktrack reports
· collevecchio declaration
· fact sheets
· membergroup publications
§ upcoming events
o Campagna per la Riforma della Banca Mundiale (Italy), Friends of the Earth (France), Netwerk Vlaanderen (Belgium), Platform (UK), SETEM (Spain) and Urgewald (Germany) expose investments in harmful practices and companies of thirteen large European banks in this new website (launched in June 2009).
· Business & Human Rights Resource Centre > e.g.
o Simple »Search« and »More search options« can be very useful.
o browse the online library > All topics >
§ Sectors >
· Finance >
o Insurance
o Stock exchanges
§ UN & intl. orgs. >
· Eldis »sharing the best in development policy, practice and research« >
o Topics >
§ Resource guides >
· Corporate responsibility >
· UNI Union Network International (Nyon, Switzerland) is the global union for skills and services with 15 million members in 900 unions (As of November 2007) >
o Sectors & Groups >
§ Finance (= UNI Finance, the Global Union for all finance workers represents 3 million employees in 237 trade unions world wide.)
o About WWF >
§ What we do >
· Climate Change >
o News > e.g.
§ WWF teams up with financial industry to tackle climate change (29 June 2005)
· »The financial industry needs to systematically screen climate change risks, according to a new report by the Allianz Group and WWF, which outlines specific steps for actions to better integrate risks from climate change into the insurance, banking, and asset management sectors.«
· >
o Report: Climate Change & Financial Industry - An Agenda for Action (.pdf has 59 pp.)
· WWF UK >
o Press centre >> e.g.
§ Banks failing environment and social standards (26 January 2006)
· The report, Shaping the Future of Sustainable Finance: Moving the Banking Sector from Promises to Performance (.pdf has 98 pp.), ranked the financing policies of 39 international banks across 13 issue areas, from climate change to human rights.
o Executive summary (.pdf has 8 pp.)
o Prepared by BankTrack and WWF
§ See related article at SocialFunds.com (25 February 2005; By: Bill Baue)
· Global Witness (London) >
o Campaigns >
· Undue Diligence: How banks do business with corrupt regimes (March 2009; .pdf has 136 pp.)
o The report names and shames British, European and US banks who have done business with corrupt regimes and who are thus contributing to poverty in these countries.
· Corporate Responsibility (CORE) Coalition (London, UK) >> e.g.
o A Big Deal? - Corporate Social Responsibility and the Finance Sector in Europe (2005) (2 December 2005; .pdf has 32 pp.)
§ »Publication of the report coincided with the UK Government's CSR Conference in London (1 & 2 December 2005)
· See also related article at SocialFunds.com:
o Are European Finance Sector Corporate Social Responsibility Initiatives Adequate? (23 December 2005; By William Baue)
§ See also related topics at Business & Human Rights Resource Centre
· nef (the new economics foundation; London, UK) is an independent think-and-do tank that inspires and demonstrates real economic well-being. > e.g.
o Programme Areas >
§ Business, Finance and Economics >
· Projects >
§ The financial sector has been given unprecedented support by policymakers, at the expense of the real economy. We're developing reforms that will make finance work for society.
§ nef works on economic policies and financial models which support inclusive, fair and sustainable economic activity. We believe that banks often work better when they're embedded in communities, in the middle of local economic life, and we support policies, such as the USA's Community Reinvestment Act, which bring banks closer to the needs and lives of everyday people.
o International development finance
§ Globalization isn't working for people or the planet. We need new models of development
o Housing, Monetary reform, Income inequality
o The Green New Deal
· Publications > e.g.
o Doorstep Robbery (25 November 2009) - Why the UK needs a fair lending law
o The Ecology of Finance (12 November 2009) - An alternative white paper on banking and financial sector reform
§ See also related article at Policy Innovations (Carnegie Council)
o I.O.U.K. (10 March 2009) - Banking failure and how to build a fit financial sector
o UK CDFIs – from surviving to thriving (22 September 2008) - Realising the potential of community development finance
o Going green? (19 September 2007) - How financial services are failing ethical consumers
o Full disclosure: why bank transparency matters (16 December 2006)
o Search: Banking
o >
§ Blog = the nef triple crunch blog - new economics solutions for the interlinked credit, climate and energy crises
· Forum for the Future (UK) > e.g.
o Browse by subject >
§ Finance > e.g.
· >
o Banking
· >
o Resources > e.g.
§ Beyond the Niche: bringing ethical financial products to your high street (21 January 2008; .pdf has 50 pp.; By Adam Faruk, Ashridge Business School)
§ Financing the future: the London principles of sustainable finance (12 December 2007; .pdf has 60 pp.)
o Partnerships >
§ Finance
· HRH The Prince of Wales (UK) >> Accounting for Sustainability Project >>
o Sustainability at Work (website launched on 12 December 2007)
§ This website provides guidance, tools, links and case studies to help you integrate sustainability into your organisation's decision making
§ >
· Deliverables: Products, Services & Public Policy >
· ACCA Association of Chartered Certified Accountants > e.g.
o General public > Technical activities >
§ Research programme >
· Published research >
§ RR104 - Narrative Reporting: Analysts' Perceptions of its Value and Relevance (October 2008; .pdf has 36 pp.)
· This report describes the voluntary narrative sections of company annual reports with particular reference to the annual reports of UK banks.
· Nineteen London-based sell-side analysts were interviewed between late 2004 and mid 2006, each of whom analysed only the banking sector.
· ABI Association of British Insurers (UK) > e.g.
o Publications > e.g.
§ Corporate Social Responsibility > e.g.
· Risk, Return and Responsibility (.pdf, February 2004, 50 pp.)
· Corporate Social Responsibility: Guidance for the Financial Services Sector (.pdf, November 2002, 101 pp.)
· Investing in Social Responsibility - Risks and Opportunities (.pdf, October 2001, 60 pp.)
§ Disability Discrimination, Flooding & Climate Change, etc.
o Media Centre >
§ Latest Briefings >
· Trucost (UK)
o »is an environmental research organisation established to help companies and investors understand the environmental impacts of business activities.«
o > e.g.
§ News >
· Trucost expertise helps Financial Service Companies manage environmental risks (12 July 2005)
o Trucost provides guidance to companies to help them report on relevant Key Performance Indicators (KPIs) relating to their environmental impacts. These are ranked in order of significance and allow comparisons against chosen peers.
o Trucost can also calculate the environmental footprint of assets or a portfolio, which enables more informed investment decisions.
o Examples of Trucost's work for financial service companies
§ Published research
· IEMA Institute of Environmental Management and Assessment (UK) >
o Reading Room >
§ Subject Index:
· Sector (case studies on environmental management, EMAS Environmental Statements, etc.) > e.g. (updated ??)
o Banking / Financial Services
o News > e.g.
§ Dutch Customers Start Moving to Climate-Conscious Banks (3 July 2007)
· London Stock Exchange (LSE) Seminar (Amsterdam, 16 June 2005): »Non-Financial Reporting - Frameworks for the Present and Future« >
o Presentations > e.g.
§ View from the banking sector (.pdf, 3 pp.; By Herman Mulder, ABN AMRO Bank)
· EIRIS Ethical Investment Research Services (Head Office: London, UK)
o EIRIS is a leading global provider of independent research into the environmental, social, governance (ESG) and ethical performance of companies.
o >
§ Publications > e.g.
· At risk? - How companies manage ESG issues at board level (2009) (.pdf, 6 pp.) - Provides an overview of how companies in the FTSE All World Developed Index are managing ESG issues at board level and analyses how performance has evolved between 2005 and 2008.
o See also
§ Related press release: April 2009 - Financial institutions fail to manage their environmental, social and governance risks, global survey finds
§ related article at SocialFunds: Corporations Show Improvement on ESG Issues, but Have a Long Way to Go (19 May 2009)
· >??>
o Guide to responsible banking (.pdf, 2003, 12 pp.)
§ For Consumers =
· YourEthicalMoney - Learn about how and where your money is invested, search for green and ethical financial products, and find out how you can help make finance more sustainable > e.g.
o Banking
o Investments & ISA, Pensions, Insurance, Mortgages, Credit Cards, Student Finance, Child Trust Funds
o > e.g.
§ Get Financial Advice (Financial Advisor Directory Search)
· Henderson Global Investors (Head office in London)
o »is a leading investment manager, providing a wide range of investment products and services to institutions and individuals in Asia, Europe and North America.«
o > e.g.
§ UK >
· Governance and Responsibility >
§ »In March 2005, Henderson began to investigate the issue and how UK banks were approaching responsible lending.«
· F&C Asset Management »is a leading European investment house quoted on the London Stock Exchange.« > e.g.
o Press > e.g.
§ As hurricane season starts, F&C warns of the climate impacts on the insurance sector (31 May 2006)
§ New report urges financial institutions to tackle human rights issues (28 October 2004)
· CAP Carbon Accountability Programme (Edinburgh; Hosted by Friends of the Earth Scotland) > e.g.
o Resources > e.g.
§ Banking and Financial Institutions = Banking on Carbon Accountability series
· …measure the climate performance of financial institutions, taking account of both their climate policies and their direct financial investment.
· >
o Banking on Carbon Accountability 2 - The carbon impact of investment (.pdf, November 2009, 10 pp.; Authors: Iain Thom, Guilherme de Souza)
o Banking on Carbon Accountability 1 - discussion paper (.pdf, January 2009, 8 pp.)
§ >
· Publications > e.g.
o An economic incentives framework for carbon accountability in the financial sector (.pdf, August 2009, 53 pp.)
§ By Guilherme Rossi de Souza, Dumfries Campus, University of Glasgow)
§ This scientific report aims at contributing to the debate of climate policy looking into the role of financial investments, carbon footprint of financial institutions and opportunities for promoting the transition to renewable sources of energy from a UK perspective.
§ The foremost impact and, therefore, the area that can yield the best opportunities for emission cut in the financial sector is »financed emission«. More important still than the emissions today is the effect investment decisions made today have in the carbon-intensity of the economy in the future.
· ECCR The Ecumenical Council for Corporate Responsibility (Oxford, UK) > e.g.
o News >
§ The Future of Banking: Ethical & Sustainable? ECCR open debate 2009 (19 November 2009, London)
· www.responsiblepractice.com >>
o An ethical framework for financial services
§ By David Jackman
§ Taken from: Financial Services Authority's Discussion Paper 18: An Ethical Framework for Financial Services, issued October 2002.
· BBC News >> e.g.
o Banks bid for green credentials (9 July 2007; By Julian Knight)
· Guardian >
o Business >
§ Banking sector > e.g.
· Brown and Sarkozy move to fund climate aid with global banking tax (11 December 2009) - ... An international campaign to force the financial sector to pay for saving the planet from global warming was boosted yesterday when France joined Britain in championing a new global regime of so-called Tobin taxes on financial market transactions.
· Banks forced to reveal numbers of millionaire staff (26 November 2009) - New laws created in the wake of Sir David Walker's report will compel banks to say how many of their staff earn more than £1m
· Cluster bomb trade funded by world's biggest banks (29 October 2009) - HSBC earned more than £650m in fees from work for Textron, US manufacturer of cluster weapons
o … Goldman Sachs, Bank of America, JP Morgan and UK-based Barclays Bank are also named among the worst banks in a detailed 126-page report by Dutch and Belgian campaign groups IKV Pax Christi and Netwerk Vlaanderen.
o The publication categorizes retail banks, investment banks, asset management companies and private and public pensions into a "Hall of Shame," a "Hall of Fame" and “Runners-Up”, based on their investment policies and practices.
· France and Germany declare war on bankers' bonuses (1 September 2009)
· Financial Services Authority chairman backs tax on 'socially useless' banks (27 August 2009; By Phillip Inman) - Levy on profits would curb excessive bonus culture, says Lord Turner
· Banks need to go back to being boring (26 January 2009; By Larry Elliott - It is time to rediscover the virtues of saving after years of living as spendthrifts
§ >>
· Banks attacked for failures to meet Equator Principles on environment (14 January 2010)
o Environment >> Corporate social responsibility > e.g.
§ How the big five banks are learning to reap rewards from going greener (15 August 2007; By Antoinette Odoi) - British banks are suddenly competing to become best friends with the planet
o Money >>
§ Banks and building societies
· PersonnelToday.com >> e.g.
o Finance sector failing to improve gender balance (19 October 2007)
· CSFI Centre for the Study of Financial Innovation
o The CSFI is an independent think tank based in London. It was formed in early 1993 to stimulate research into the future of the financial services industry, and to provide a neutral meeting ground for financial practitioners to share ideas and explore the road ahead.
· London Business Conferences >>
o Sustainable Financial Products (10 - 11 December 2007, London)
· FT.com Financial Times > e.g.
o FT Conferences >
§ Awards > e.g.
· Sustainable Banking Conference and Awards
o »The IFC, FT Sustainable Banking Awards launched in November 2005 by the IFC and the Financial Times, is the first truly global awards program recognizing banks that have actively integrated social and environmental objectives into their operations, while maximizing financial gain for their shareholders.«
o Comment & Analysis >
§ Debates and Polls > Ask the Expert > Sustainable banking
o Special Reports >
§ Previous reports >
· Financial Services >
o Sustainable Banking 2007 (Published: 8 June 2007)
o Sustainable Banking 2006 (Published: 12 June 2006)
· Sustainable Business 2008 (October 2008) > e.g.
o Opinion: Putting your money on thinking for the future - Industries that put sustainability issues at the heart of their strategy offer valuable lessons for the financial sector, says Björn Stigson
o >>
§ Banks have chance to shine with sustainable initiatives (9 November 2007; By John Willman)
· The Banker > e.g.
o Awards >> also
§ CSR Bank of the Year
§ CSR Emerging Markets
· UNEP FI >
o Events > UNEP FI 2007 Global Roundtable: Awareness to Action - Sustainable Finance for Today's Global Markets (24-25 October 2007; Melbourne, Australia) > Carbon Leadership Awards
§ During the UNEP FI Gala Dinner at the Melbourne Aquarium, four awards were given for each category of financial services, banking, insurance/reinsurance, asset management/private banking and pension funds and in addition, one award was given to a representative from civil society who has collaborated with or supported financial service companies towards the same goal.
· Robin Cosgrove Prize for Ethics in Finance
o »The mission of the Robin Cosgrove Prize is to reach out to young people familiar with the banking, finance and investment sectors, with special attention to emerging markets, and to attract innovative ideas, proposals and projects which could be promoted to major players in the business community. The aim is to strengthen the sustainability of ethics in banking and finance and to reinforce its implementation, especially in emerging markets throughout the world.«
· WSBI World Savings Banks Institute (Brussels) is the global representative of savings and retail banks. > e.g.
o CSR activities = ESBG/WSBI members approach to Corporate Social Responsibility (ESBG = European Savings Bank Group)
· ÖGUT Österreichische Gesellschaft für Umwelt und Technik (Wien) > e.g.
o Themen > e.g.
§ Nachhaltiger Finanzmarkt > e.g.
· Arbeitsgruppe Ökologisches Benchmarking für Finanzdienstleister
· RARE »Rhetoric And Realities in CSR« (Lead organisation: Öko-Institut e.V.; Germany)
o The RARE project (2004-2007) aims to make a substantial contribution to the development of a European approach to CSR.
o Funding for the project is provided within the EU’s Sixth Framework Programme.
o > e.g.
§ Documents >
· Sector Survey on CSR in the European Banking Sector (30 November 2006; .pdf has 60 pp.)
· SD-M Sustainable Development Management (dr. Axel Hesse; Münster, Germany) > e.g.
o English >
§ Publications >
· Sustainable Development Management - Policy- and Business Area-Strategies for Banks
o PhD dissertation at HHL - Leipzig Graduate School of Management (Prof. Kirchgeorg, Marketing and Sustainability Management), Muenster 2007, 483 pages (German contents with english abstract)
o German >
§ Publikationen >
· Sustainable Development Management - Politik- und Geschäftsfeld-Strategien für Banken
o See also, e.g.:
§ related article at csr-news.net (In German): Die Entwicklung zum Nachhaltigen Banking (5 May 2008)
· Oekom Research Sustainability rating firm (Munich, Germany; Also English version of site) >
o English > info center >> e.g.
§ Ethics in core business: banks insufficiently committed (24 June 2009)
§ Financial market increasingly recognising the value of species diversity (30 May 2008)
§ Global sustainability rating of financial service providers: Australia gets gold, USA is eliminated (24 February 2006)
· See also related article at SocialFunds.com:
o US Banks Sink to the Bottom of the Barrel on Latest Sustainability Ratings from Oekom (14 March 2006; By: Bill Baue)
§ Sustainability rating for insurance companies: less than 25% recommended (13 March 2003)
§ Is money dirty? Corporate Responsibility among banks and financial service providers (7 August 2002)
· UmweltDialog ist ein unabhängiger Nachrichtendienst rund um das Thema Nachhaltigkeit und Corporate Social Responsibility. Der UmweltDialog gehört zur Mediengruppe macondo (Münster, Germany). >
o Wirtschaft >
§ Finanzen
· Sustainalytics – Responsible Investment Services >
o About Sustainalytics >
§ Publications >
· Climate Change and the Role of Banks 2006 - A best practice study of selected international and Dutch banks (.pdf, June 2006, 78 pp.)
o This site presents free downloads on the subject of sustainable finance and banking by dr Marcel Jeucken. Moreover, it presents information and order details for several books on this subject.
o Marcel Jeucken (PhD) is Head at Dutch Sustainability Research (DSR).
o > e.g.
§ Books >
· In English >
o Sustainability in Finance - Banking on the Planet (2005)
o Sustainable Finance and Banking - The Financial Sector and the Future of the Planet (2001)
o Sustainable Banking - The Greening of Finance (2001)
§ by Jan Jaap Bouma, Marcel Jeucken and Leon Klinkers
· In Dutch > e.g.
o Duurzaam Financieren & Bankieren (2002)
§ Papers
· SAM Group (Sustainable Asset Management; Zurich, Switzerland) > e.g.
o Publications > e.g.
§ SAM Sustainability Yearbook (with PwC) > e.g.
· SAM Sustainability Yearbook 2009 (January 2009; .pdf has 98 pp.) >
o Sector Insights >
§ Banks (page 27)
§ SAM Sustainability Foresight >>
· Banking & Climate Change: Opportunities and Risks (.pdf, March 2009, 51 pp.; Summary (.pdf, 4 pp.)) - An Analysis of Climate Strategies in more than 100 banks worldwide.
· L'Observatoire de la Finance (Geneva, Switzerland) est un lieu d'échanges et d'études pénétré du souci de la responsabilité personnelle et collective mis au service des milieux de la finance.
o Also English version of website
§ The Observatoire aims to raise awareness in the financial sector of the need to pursue the common good by striving to conciliate the good of persons, of organisations and of the community. The Observatoire de la Finance does this in several ways: it commissions, carries out and disseminates research, it organises meetings involving institutions and individuals from the world of finance, and it provides tailored training.
· TSF The Sustainability Forum Zürich »is an independent, non-profit, non-partisan association, founded by leading representatives from business, science and public authorities from Zürich and increasingly joined by financial market players from throughout Europe. As laid down in its statutes, the association has the purpose of organising and realising the annual International Sustainability Leadership Symposium and other dialogue events as well as connected research and promotion of projects, in particular as pertaining to the sustainability topic relevant to the financial market.«
· Swiss Equity sustainability day (Swiss Equity magazin; Switzerland) > e.g.
o 19. Oktober 2010 (SIX Swiss Exchange, ConventionPoint, Zürich)
o 20. Oktober 2009 (Technopark, Zürich)
o > e.g.
§ Downloads >
· Presentations from 2009 conference:
o Nachhaltiges Banking
· Bank Sarasin (Switzerland; Also English version of website) > e.g.
o Institutional clients >
§ Institutional investors >
· Sustainable investment > e.g.
o Publications
o Sustainability >
§ Publications >>
· Banking on sustainability - An analysis of the social and environmental aspects of international banks (.pdf, November 2006, 32 pp.)
o See also
§ related news: Do large international banks only pay lip service to sustainability? / Sarasin examines the social and environmental challenges facing the banking industry (09.11.2006)
· Covalence (Based in Geneva, Switzerland) > e.g.
o Navigation > Publications > e.g.
§ Banks’ ethical credentials undermined by the crisis, tax issues and mainstreaming carbon initiatives - Covalence Banking Sector Report 2009 (30 July 2009)
§ Banks’ institutional impact under scrutiny - Covalence Banking Industry Report 2008 (3 July 2008)
§ Covalence Ethical Ranking 2007 (2 January 2008; Also »Banks« sector)
§ Green Banks, Ethical Banks, Seed Banks: too many eco-something banks (12 July 2007)
§ Green Competition Moves Banks - Covalence Banking Industry Report 2007 (29 June 2007)
§ Banks getting aggressive on sustainable development and climate change (28 June 2007)
· IMD »A Leading Global Business School« (Lausanne, Switzerland) >> e.g.
o Forum for Corporate Sustainability Management (CSM) >
§ Business Case for Sustainability
· »IMD's Forum for Corporate Sustainability Management is a leader in one of today's most significant research areas of sustainability management: The Business Case for Sustainability (or BCS).«
· > e.g.
o downloads and tools for different industries (2003 ??) >
§ Financial Services:
· Financial Report (.pdf has 24 pp.)
· Financial Sustainability Officers Survey (.pdf has 25 pp.)
· Financial General Managers Survey (.pdf has 28 pp.)
· Financial Diagnostic Toolset (.pdf has 6 pp.)
· EABIS European Academy of Business in Society > e.g.
o Resources > EABIS Branded Journals >> A special issue of Corporate Governance: the International Journal of Business in Society (Emerald, September 2007) >
§ Corporate responsibility in the Italian banking industry: creating value through listening to stakeholders (.pdf, 5 pp.; By Gianna Zappi, CSR Manager, Italian Banking Association (Italy))
· Borsa Italiana >
· CSR Europe »The European business network for CSR« > e.g.
o Activities >
§ CSR Europe's Toolbox >
· R(E)volutionary Business Models >
§ Demand side survey (.pdf, 23 pp.):
· Analysis of the financial and insurance needs of immigrants in Italy
§ Offer side survey (.pdf, 27 pp.):
· Banks and financial inclusion: survey on the Italian territory, ABI’s study on financial inclusion activities undertaken by Italian banks (II edition 2007)
§ Best Practice – Offer side survey (.pdf, 73 pp.):
· Italian banking industry practices on financial inclusion
o Social Inclusion >
§ Business' Involvement to Enhance Social Inclusion at the Local Level (.pdf, 40 pp.)
· Sustainable Production & Consumption >
o Environment and the Financial Sector >
§ Findings of the Working Group: Environment and Financial Institutions (.pdf, 2007, 17 pp.) - particularly as it relates to Spanish Cajas.
· Communication & Transparency >
o Sectoral CSR Reporting = CSR Reporting in the Financial Sector >
§ Findings of the Working Group: Sectoral CSR Reporting (.pdf, 2007, 8 pp.)
§ CSR Laboratories > all Laboratories >
· Innovation (includes B2B cooperation and alliances) >
o Financial inclusion: Sustainable services for underserved potential customers (Lab Leader: ABI - Associazione Bancaria Italiana)
o Business' involvement to enhance social inclusion at local level (Facilitator: European Savings Bank Group (ESBG))
· Climate change >
o Environment and Financial Institutions (Lab Leaders: Cajasol, Bancaja)
· Transparency and Communication >
o Sectoral CSR Reporting (Lab Leaders: Caja Granada, Caja Madrid)
§ The commitment of Spain's Savings Banks to transparency and communication with their stakeholder groups has given rise to the establishment of this CSR Laboratory, involving all twenty-three institutions of the Confederation of Spanish Savings banks.
§ In order to increase the quality of CSR reporting, Spanish Savings Banks, under the auspices of the Confederacion Española de Cajas de Ahorros (CECA), have come together to form a joint project of Financial Sector Reporting.
§ CSR Solutions > Search Solutions >
· Select Industry: Financial Services and Banking (59 solutions by December 2007)
· Confederación Española de Cajas de Ahorros (Madrid) >> e.g.
o Libro verde sobre la Responsabilidad Social Corporativa en el sector financiero (.pdf, 2008, 112 pp.): Una aproximación a la sostenibilidad desde las entidades financieras
· EurActiv >
o Policy sections >
§ Financial Services > e.g.
· Financial sector warns of cost of climate change (30 June 2005)
· Europa >> European Commission >>
o Internal Market > A Single Market for Services >
o Enterprise and Industry >
§ Policy highlights >
· Sustainable and responsible business >
o Corporate social responsibility >
· Workshops on the disclosure of environmental, social and governance information (September 2009 - March 2010) >
o Workshop 2 – the investor perspective (30 October 2009) - Investors (mainstream and SRI), financial analysts, accountants, rating agencies > e.g.
§ Summary (.pdf, 22 pp.)
§ Presentations: Ralf Frank, EFFAS, Key ESG performance indicators for banks (.pdf, 10 pp.)
§ Multi-stakeholder Forum on CSR >
· Plenary meeting 2009 = Forum Meeting, February 2009 = “CSR Review meeting” CSR Multi-Stakeholder Forum (10 February 2009, Brussels) >
o Review and recommendations from stakeholder organisations:
§ European Savings Banks Group (ESBG) (.pdf, 3 pp.)
· EBF European Banking Federation > e.g.
o Publications > Reports > Corporate Social Responsibility: European banking sector best practices (.pdf has 9 pp.)
§ Table of Contents:
· Credit and Project Finance, Business Behaviour, Labour Relations, Community Involvement, Accountability, Environmental Awareness, Financial Inclusion, Socially Responsible Investment (SRI), Partnership and Networking, Economic aspects of CSR, Summary, Annex
· Eurofound European Foundation for the Improvement of Living and Working Conditions (Dublin, Ireland) > e.g.
o Find out more >
§ By sector: Banking, financial services
o Observatories > EMCC European monitoring centre on change >
§ Browse by >
· Sector: Financial Services
· EBEN European Business Ethics Network > e.g.
o Research Conference >>
§ EBEN Research Conference 2007: "Finance and Society in Ethical Perspective" (Bergamo, Italy, 21-22 June 2007)
· Maleki Group (Frankfurt am Main, Germany; Also English version of website)
o For more than 20 years, the company has been initiating events of international formats and consults businesses in their external communication. The core competence of the company is high-end event management for the financial services sector.
o > e.g.
§ Events > e.g.
· Euro Finance Week >> e.g.
o 4th Corporate Responsibility Conference (17 November 2009; Congress Center Messe Frankfurt)
o 3rd Corporate Responsibility Conference (19 November 2008; Congress Center Messe Frankfurt)
o 2nd Corporate Responsibility Conference (22 November 2007, Congress Center Messe Frankfurt)
· Frankfurt European Banking Congress
· Eurosif European Social Investment Forum »Addressing Sustainability through Financial Markets« > e.g.
o Publications > e.g.
§ Sector & Theme Reports >
· Banking (18 September 2009; .pdf has 3 pp.)
o Eurosif partnered with CA Cheuvreux for the Banking sector report. Eurosif and CA Cheuvreux have highlighted six key challenges for this sector: Risk Control & Transparency, Responsible Lending & Financial Product Distribution, Stakeholder Satisfaction, Social Impact, Environment Management and Human Capital Management.
· EPE European Partners for the Environment (Brussels, Belgium) >>
o Sustainable Banks: Trust and Leadership – The Role of the State within Private Banks (.pdf, 16 pp.) – A working paper in progress (June 2009)
§ European governments that are shareholders in large nationalised banks have a powerful opportunity to show leadership and promote sustainability, according to a report launched by groups including Eurosif, TBLI Consulting Group, and the European Platform on Financing Eco-innovation.
§ The report says governments have either directly invested or guaranteed over US$4 trillion to bolster the banking and finance sector. As a result, the report says state-owned banks should lead the financial sector in their management of Environmental, Social & Governance (ESG) issues and that the EU should adopt sustainable banking guidelines.
§ The report was presented to the Belgian Minister of Finance ahead of the country’s EU Presidency in 2010.
· Netwerk Vlaanderen vzw (Brussels, Belgium)
o »promotes an alternative approach to money«
o Also English version of site
o >> e.g.
§ Campaigns >
· Banks and Human Rights
· Banks and Weapons
· International
· SOMO »Centre for Research on Multinational Corporations« (The Netherlands; English and Dutch versions of website) >
o Dossiers >
§ Sectors >
· Finansrådet (Denmark) >> The Danish Bankers Association and CSR
o Our website provides guidance on "how to get started" and "how to communicate CSR". Furthermore, the website presents examples and guidelines (i.e. UN guidelines) regarding CSR focus areas: HR management, local community involvement, climate and environmental action and core business activities.
o The website contains examples from both the financial sector and other corporate sectors and deals with HR management, local community involvement and climate and environmental action. The core business activities of the financiel sector are bank-specific, and obviously involve credit and investment policies as focus areas for CSR integration.