InFocus: Evangelische Bank & FNG

When?

The ecclesiastical bank has been a member of Forum Nachhaltige Geldanlagen (FNG) and its European umbrella organisation Eurosif – European Sustainable and Responsible Investment Forum Since October 2009. Evangelische Bank eG believes that Eurosif pursues a wide range of activities aimed at raising the political and social awareness of the issue of investments and sustainability. In essence, Eurosif is a lobbyist for a good cause, a commitment Evangelische Bank eG can wholeheartedly support as both organisations are dedicated to the greater good.

Why?

As an ecclesiastical bank with a cooperative structure, Evangelische Bank eG assumes corporate responsibility towards the environment, society, its members and customers in the form of a sustainable business model. It is guided by the Christian values that are a firm element of the bank’s self-image. Evangelische Bank eG acts sustainably by focusing on its customers and members; the ecclesiastical bank therefore designs its products and services in a way that specifically meets the particular requirements and specific needs of its customers and members. As a financially sound and well-performing bank with a well-balanced risk and opportunities profile and stable, sustained growth, it emphasises the premise of doing business in a sustainable way. This is not only reflected by its economic but also by its ecological and social-ethical conduct. Due to its comprehensively sustainable basic approach, Evangelische Bank eG is therefore a perfect partner for Eurosif. 

What?

As a member of FNG and Eurosif, increased public awareness of sustainable financial investments is a major added value for Evangelische Bank eG. In the past few years, the term “sustainability” has been adopted by many parts of society, and it is now applied to many different things. The use of this term has spread at an almost inflationary rate; although it is not necessarily applied in the sense Evangelische Bank eG feels it should be. In order to narrow down the meaning of the term “sustainability”, it is important to continue redefining it and to clearly delineate its meaning. The Forum’s outstandingly strong commitment makes a huge contribution to this more precise definition of the concept of sustainability. 

With their ideas and their dedication to the issue, FNG and Eurosif are also always important ports of call with expert knowledge for the cooperative ecclesiastical bank. All members are stimulated by participative processes and mutual dialogue. The FNG regularly shares information in the form of event attendance or newsletters. For example, the ecclesiastical bank publishes specific information about its sustainability approach in the FNG newsletter. For Evangelische Bank eG, the dialogue with like-minded banks, investment companies, investors and research providers perfects the communication aspect.