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Report

This deliverable is a research, an original and systematic investigation undertaken to increase existing knowledge and understanding of the unknown to establish facts and principles concerning Ethical and Sustainable Finance in Europe.

This output is very strategic to understand better the role of the Bank and finance and the role of social and ethical finance.

Finance is neither good nor bad. It is a tool to achieve an end, which can be speculative (causing negative externalities) or it can be more collective and supportive of the general well-being of the many (in which case it will cause positive externalities). The problem is that today ‘Finance’ has lost its core role, as a means to support and promote economic activities and has invaded the social and democratic spheres.

The goal of this Output is twofold:

  • Understanding what Ethical Finance is and to compare for the first, ethical and sustainable banks in Europe.
  • Understanding why ethics awareness is important in financial issue and how bank choices can influence differents aspects of our real economy

It is an in-depth analysis of:

  • Ethic finance meaning
  • Sustainability finance meeting
  • Mapping specific ethic Banks in Europe
  • Collect case studies and Best practices in Europe concerning ethic and sustainability finance

This Output will contribute to creating an online library of Financial Ethics Case Studies and Best Practices.

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The European Commission's support for the production of this publication does not constitute an endorsement of the contents, which reflect the views only of the authors, and the Commission cannot be held responsible for any use which may be made of the information contained therein

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Legal description – Creative Commons licensing: The materials published on the FLY project website are classified as Open Educational Resources' (OER) and can be freely (without permission of their creators): downloaded, used, reused, copied, adapted, and shared by users, with information about the source of their origin.