Post by account_disabled on Mar 12, 2024 14:28:20 GMT 8
For several years the crisis has been present in our economy. This may be more noticeable when talking about projects within society such as education, culture and the environment.
After this crisis and the lack of credibility in the system, it is necessary to have a better economy and better banking, which is why ethical banking invests in the real economy and supports this type of projects for the benefit of everything around us.
There are several people who care about creating a better environment, however, the money they occupy is in the hands of banks that invest in socially irresponsible companies and that favor the arms trade and real estate speculation.
According to information from Muy Interesante, financial entities, for example, participate in the arms business in different ways: they acquire shares, finance exports and grant credits and loans to arms companies. In this way, the banks are not only complicit, but without their financial support the arms business would be practically unviable. The Armed Banking platform, formed by the Center for Peace Studies, Setem and the Debt Observatory in Globalization, promotes awareness-raising and denunciation actions and issues periodic reports that identify banks that collaborate with the production of weapons.
Ethical banking?
A bank can invest its clients' money in projects and companies that respect the environment, promote the labor dignity of its workers and improve people's quality of life.
“When, instead of a weapons manufacturing France Mobile Number List company, a bank decides to grant credit to a company that markets ecological products and employs people at risk of social exclusion, this entity makes an ethical choice. And this bank, like the people who deposit their savings in it, is committed to peace, environmental conservation and respect for people. “This bank is building a different society, perhaps the society that many of us dream of.”
One of the most notable entities in ethical banking is Triodos Bank, which was born in Holland in the 1960s. Most of its accounts offer the possibility of donating all or part of the interest to different social organizations.
Fiare Banca Ética goes a little further and incorporates principles of horizontality in its organization. Thus, each person is one vote, and everyone has the same weight in decision-making, regardless of the amount of money they have invested in the project.
It is an organization that was born from the union of Banca Popolare Etica, a cooperative bank that has been working in Italy since 1999, and Fiare, which has been operating in Spain since 2005.
It currently has more than 37 thousand members and offers individuals its Ethical Account that can be managed through the internet, as well as debit and credit cards and the possibility of fixed-term deposits and other investment products.
Culture also has a place in the world of ethical banking. The Dédalus Cine association is made up of a group of film, theatre, journalism and advertising professionals who organize the Albacete Abycina Film Festival, the Albacete Women's Film Festival, as well as various programs to promote short film culture. among the youngest.
On the other hand, according to the study 'Ethical and sustainable finance in Europe', carried out by the Ethical Finance Foundation (Ethical Banking), in the last ten years, European States have spent approximately 750,000 million euros in rescuing numerous banks. of bankruptcy. However, none of the ethical banks present on the continent have had to be rescued, since these entities grant loans, as we have seen, only to initiatives of the so-called 'real economy', which do not speculate and which also follow social and economic criteria. environmental.
After this crisis and the lack of credibility in the system, it is necessary to have a better economy and better banking, which is why ethical banking invests in the real economy and supports this type of projects for the benefit of everything around us.
There are several people who care about creating a better environment, however, the money they occupy is in the hands of banks that invest in socially irresponsible companies and that favor the arms trade and real estate speculation.
According to information from Muy Interesante, financial entities, for example, participate in the arms business in different ways: they acquire shares, finance exports and grant credits and loans to arms companies. In this way, the banks are not only complicit, but without their financial support the arms business would be practically unviable. The Armed Banking platform, formed by the Center for Peace Studies, Setem and the Debt Observatory in Globalization, promotes awareness-raising and denunciation actions and issues periodic reports that identify banks that collaborate with the production of weapons.
Ethical banking?
A bank can invest its clients' money in projects and companies that respect the environment, promote the labor dignity of its workers and improve people's quality of life.
“When, instead of a weapons manufacturing France Mobile Number List company, a bank decides to grant credit to a company that markets ecological products and employs people at risk of social exclusion, this entity makes an ethical choice. And this bank, like the people who deposit their savings in it, is committed to peace, environmental conservation and respect for people. “This bank is building a different society, perhaps the society that many of us dream of.”
One of the most notable entities in ethical banking is Triodos Bank, which was born in Holland in the 1960s. Most of its accounts offer the possibility of donating all or part of the interest to different social organizations.
Fiare Banca Ética goes a little further and incorporates principles of horizontality in its organization. Thus, each person is one vote, and everyone has the same weight in decision-making, regardless of the amount of money they have invested in the project.
It is an organization that was born from the union of Banca Popolare Etica, a cooperative bank that has been working in Italy since 1999, and Fiare, which has been operating in Spain since 2005.
It currently has more than 37 thousand members and offers individuals its Ethical Account that can be managed through the internet, as well as debit and credit cards and the possibility of fixed-term deposits and other investment products.
Culture also has a place in the world of ethical banking. The Dédalus Cine association is made up of a group of film, theatre, journalism and advertising professionals who organize the Albacete Abycina Film Festival, the Albacete Women's Film Festival, as well as various programs to promote short film culture. among the youngest.
On the other hand, according to the study 'Ethical and sustainable finance in Europe', carried out by the Ethical Finance Foundation (Ethical Banking), in the last ten years, European States have spent approximately 750,000 million euros in rescuing numerous banks. of bankruptcy. However, none of the ethical banks present on the continent have had to be rescued, since these entities grant loans, as we have seen, only to initiatives of the so-called 'real economy', which do not speculate and which also follow social and economic criteria. environmental.