Global Alliance for Banking on Values

The world’s 60 biggest banks committed almost USD 7 trillion since the Paris Agreement to the fossil fuel industry, according to the 2024 #BankingonClimateChaos Report. Values-based banks are taking a significant step forward in a global effort to address the root cause of the climate crisis – the production and use of oil, gas and coal. Most members of the Global Alliance for Banking on Values (GABV) exclude financing of any fossil fuel-related activities, and many have committed to ambitious net zero targets as early as 2035. Additionally, 25 GABV banks from 19 countries have endorsed the Fossil Fuel Non-Proliferation Treaty Initiative, leading the way in this global campaign and urging the financial industry to follow suit. Financial institutions can pave the way by aligning financial practices with sustainability goals and supporting this crucial initiative. Learn why banks should endorse the Treaty: https://lnkd.in/dMwSx3b5 Triodos Bank Triodos Bank España Banca Etica Fiare Banca Etica Vancity BancoSol Amalgamated Bank Banco Popular y de Desarrollo Comunal - Oficial NMB Bank Ltd. Alternative Bank Schweiz Climate First Bank Unity Trust Bank vdk bank UmweltBank AG Centenary Bank Clearwater Credit Union Charity Bank Cultura Bank Freie Gemeinschaftsbank Genossenschaft Ekobanken Summit Credit Union Cooperative Bank of Karditsa Sunrise Banks Merkur Andelskasse Beneficial State Bank 3Bank

💸 𝐃𝐨 𝐲𝐨𝐮 𝐤𝐧𝐨𝐰 𝐰𝐡𝐚𝐭 𝐲𝐨𝐮𝐫 𝐛𝐚𝐧𝐤 𝐝𝐨𝐞𝐬 𝐰𝐢𝐭𝐡 𝐲𝐨𝐮𝐫 𝐦𝐨𝐧𝐞𝐲? 𝐖𝐡𝐚𝐭 𝐢𝐬 𝐭𝐡𝐞 𝐫𝐨𝐥𝐞 𝐨𝐟 𝐚 𝐛𝐚𝐧𝐤 𝐢𝐧 𝐩𝐫𝐨𝐝𝐮𝐜𝐢𝐧𝐠 𝐬𝐨𝐜𝐢𝐞𝐭𝐚𝐥 𝐰𝐞𝐥𝐥-𝐛𝐞𝐢𝐧𝐠? 🔆 The 2024 edition of the "Just Money" Massive Open Online Course (MOOC) is now open for registration, and it's packed with exciting new content! 🎉 Organised by the Massachusetts Institute of Technology (MIT), this comprehensive online course dives into the world of values-based banking. Prepare to be inspired by real-world case studies from members of the GABV, showcasing the transformative power of purpose-driven finance. 🔗 Register for free and be part of the change: https://lnkd.in/d-xyDMKT

🌍 🏆Values-based banking is gaining global recognition! We're thrilled to share the latest awards that members of the Global Alliance for Banking on Values have received! From values-based leadership and climate action to financial inclusion, innovation, and regional excellence, our members are being celebrated for their dedication to creating a greener and fairer financial system. 🌱💚 These accolades highlight the incredible impact our members are making in their communities, countries, and regions. Whether it's being named the best employer, the most ethical bank, or a leader in sustainability, we're proud of the transformative work being done to ensure a better future for all. Visit the GABV Awards Hub and learn more about how #ValuesBasedBanking is driving positive change worldwide: https://lnkd.in/dkTFdbqX #ClimateAction #FinancialInclusion #SustainableFinance #EthicalBanking #BankingOnValues #SocialImpact #Awards

Our Indian member ESAF Bank's innovative Dabba Savings Account campaign has shone brightly at the Cannes Lions International Festival of Creativity, securing recognition in the Sustainable Development Goals category. Since its inception as an NGO, financial inclusion and gender equality have been the cornerstones of ESAF's mission. The bank has been committed to uplifting unserved and underserved communities since 1992, with Indian women comprising more than 80% of its customer base. In October 2023, ESAF launched the Dabba Savings Account (Micro Savings Account) as a pilot project to empower rural women in South India. This initiative has revolutionised the lives of thousands of women by integrating them into the banking system. Rural Indian women face significant obstacles to saving money for their families. They typically store cash in a “dabba,” the steel canister used to hold rice, because it is also culturally believed to bring prosperity. Unfortunately, their men take the money away. ESAF wanted to bring banking into the women’s lives and re-created the dabba with a false bottom to allow women to safely store cash. Although initially a confidential project tailored to meet the unique needs, habits, and privacy of rural women, ESAF unveiled it on 9 March 2024 during their 7th-anniversary celebrations. You can view the campaign concept here: https://lnkd.in/dqV77_N8

𝑪𝒆𝒍𝒆𝒃𝒓𝒂𝒕𝒊𝒏𝒈 𝑴𝒊𝒄𝒓𝒐, 𝑺𝒎𝒂𝒍𝒍 𝒂𝒏𝒅 𝑴𝒆𝒅𝒊𝒖𝒎-𝒔𝒊𝒛𝒆𝒅 𝑬𝒏𝒕𝒆𝒓𝒑𝒓𝒊𝒔𝒆𝒔 (𝑴𝑺𝑴𝑬𝒔) 𝑫𝒂𝒚 𝒘𝒐𝒓𝒍𝒅𝒘𝒊𝒅𝒆! Last week was Micro, Small and Medium-sized Enterprises (MSMEs) Day and members of the Global Alliance for Banking on Values (GABV) celebrated this day worldwide via special events, financial education activities or bringing visibility to their microentrepreneurs and small businesses. Micro, small, and medium-sized enterprises play a critical role in driving sustainable economic growth, especially in emerging markets. Our members are dedicated to providing the financial support these enterprises need to thrive and make a positive impact on their communities. In many emerging markets, #MSMEs are vital sources of employment and economic opportunity. Through inclusive financial services, values-based banks help these businesses grow, create jobs and improve livelihoods, contributing to broader economic development. #SmallBusiness #BankingonValues #SME #EmergingMarkets -------------------------------------------------------------------------------- ¡𝑪𝒆𝒍𝒆𝒃𝒓𝒂𝒏𝒅𝒐 𝒆𝒍 𝑫í𝒂 𝒅𝒆 𝒍𝒂𝒔 𝑴𝒊𝒄𝒓𝒐, 𝑷𝒆𝒒𝒖𝒆ñ𝒂𝒔 𝒚 𝑴𝒆𝒅𝒊𝒂𝒏𝒂𝒔 𝑬𝒎𝒑𝒓𝒆𝒔𝒂𝒔 (𝑴𝑰𝑷𝒀𝑴𝑬) 𝒆𝒏 𝒕𝒐𝒅𝒐 𝒆𝒍 𝒎𝒖𝒏𝒅𝒐! La semana pasada fue el Día de las Micro, Pequeñas y Medianas Empresas (MIPYME) y los miembros de la Alianza Global para una Banca con Valores (GABV) celebraron este día en todo el mundo a través de eventos especiales, actividades de educación financiera o dando visibilidad a sus microempresarios y pequeñas empresas. Las microempresas y las pequeñas y medianas empresas desempeñan un papel fundamental en el impulso del crecimiento económico sostenible, especialmente en los mercados emergentes. Nuestros miembros se dedican a proporcionar el apoyo financiero que estas empresas necesitan para prosperar y tener un impacto positivo en sus comunidades. En muchos mercados emergentes, las #MIPYME son fuente vital de empleo y oportunidades económicas. A través de servicios financieros inclusivos, los bancos con valores ayudan a estas empresas a crecer, crear empleo y mejorar los medios de vida, contribuyendo al desarrollo económico del país. #Pymes #Microfinanzas #BancaConValores #MercadosEmergentes

📣 WE STAND FOR DIVERSITY 🤝 #Diversity, #Equity and #Inclusion have a central role in the #BankingonValues movement. Values-based banks strive to foster diverse and equitable communities and promote social inclusion by providing financial access and funding support to individuals and businesses that are often underbanked. Also, by financing organisations that promote a more diverse, equal and inclusive society. Every day as a global network, the Global Alliance for Banking on Values (GABV) lives diversity across countries, regions and cultures. The world is complex, and so are the challenges we face. Our banks operate in countries with different perspectives on human rights, including sexual orientation or gender identity. Nevertheless, each member works to deliver on its commitment to Diversity, Equity and Inclusion in its own context and under different formal and informal rules.

El #primer #bono social de #género en Bolivia emitido por BancoSol por un monto de US$ 30 millones y con la garantía de BID Invest del Banco Interamericano de Desarrollo, permitirá ampliar el financiamiento a 4.500 negocios liderados por mujeres bolivianas, contribuyendo a impulsar su #progreso y el desarrollo del país. Con la emisión de los “Bonos Sociales Avanza Mujer BancoSol 1”, Bolivia entra a formar parte de los países que promueven el desarrollo del mercado de bonos de género, orientados a maximizar el uso de fondos hacia mujeres emprendedoras, acorde a las mejores prácticas del mercado. América Latina y el Caribe se ha convertido en la región líder en la emisión de bonos de género destinados a impulsar el empoderamiento de las mujeres. Al cierre de 2023, la región contaba con 26 bonos de género equivalentes a US$2,250 millones, con México, Chile y Colombia como mercados líderes, junto a Ecuador, Panamá y Perú. La inversión con lente de género obtiene un gran impacto social y un retorno en la inversión seguro y sostenible a largo plazo, generando rentabilidad mientras se avanza en la igualdad. Conoce nuestro modelo bancario inteligente en género Avanza Mujer: https://lnkd.in/gQxztEsP #BancoSol #AvanzaMujer #Bonostematicos #BonosSociales #bonosdegenero #BonosQueCreanFuturo #sostenibilidad #inversionconimpacto #empoderamientoeconomico #igualdaddegenero #ODS5 #desarrollosostenible

The Global Alliance for Banking on Values (GABV) had the opportunity to join the #climatehub at the UN Bonn Climate Change Conference with We Don't Have Time, the world's largest media platform for #climateaction. Our Executive Director, Martin Rohner, shared how values-based banks have ambitious climate goals. Most GABV members exclude financing of any fossil fuel-related activities, and many have committed to ambitious net zero targets as early as 2035. 21 GABV members are the first banks worldwide to sign up to the call for an international Fossil Fuel Non-Proliferation Treaty Initiative to stem the further expansion of fossil fuel exploration and production. Finance plays a pivotal role in achieving the climate goals agreed by the international community. More information about why banks should join the call for a Fossil Fuel Treaty: https://lnkd.in/dMwSx3b5 #BankingonValues #MovetheMoney #FossilFuelTreaty #UNCCC Triodos Bank Triodos Bank España Charity Bank Vancity Banco Popular HN BancoSol Sunrise Banks Banca Etica Fiare Banca Etica Unity Trust Bank vdk bank NMB Bank Ltd. Centenary Bank Amalgamated Bank Beneficial State Bank Clearwater Credit Union Climate First Bank Cultura Bank Ekobanken Merkur Andelskasse Summit Credit Union Freie Gemeinschaftsbank Genossenschaft FINCA DRC

🎉 CONGRATULATIONS TO THE 2024 GRADUATES OF THE GABV LEADERSHIP ACADEMY! 🎉 This year marks another milestone in our transformative learning journey for leaders from values-based banks around the world, proudly offered by the GABV in collaboration with the MIT Community Innovators Lab (CoLab) and Presencing Institute. Here are some key highlights from the 9th edition: 🌍 The programme welcomed 22 participants from 11 organisations across 10 countries. 💻 Continuing with innovation, the programme successfully delivered a blended virtual and in-person format. 🗽 The in-person module took place during the GABV Annual Meeting in Italy, hosted by Banca Etica. 💚 Participants benefited from insightful peer coaching and personalised individual coaching sessions. Since the programme's inception, over 230 participants have graduated, forming a diverse and passionate network of leaders ready to navigate and lead with values in times of disruption. Congratulations once again to our new graduates! We are excited to see the impact you will make in the world. 🌟 #GABVLeadershipAcademy #ValuesBasedBanking Sonia Reinhardt Katrin Kaeufer Martin Kalungu-Banda Jannes van Beijsterveldt Anna Leidimo THEOPHILIA ESTHER LARBIE Jennifer Galindo Nina Holbrecht Dennis Madigan Jr Elmar Friedrich Denise Hignett Daniel Wilson-Dodd Alexandra Delacroix Clarisse Blavier Jeroen Kamstra Sander Kooiman Stephen Graham Astrid Blunschi Balmer Cecilia Nanyonjo Amandine (De Lauwer) Têtot Chris Cucci, CCIM Paolo Cominini James Ephraim Richard Anyamesem David Rook Teachers Savings and Loan Society Triodos Bank Alternative Bank Schweiz GLS Bank VSECU New England Federal Credit Union (NEFCU) Centenary Bank Opportunity International Savings and Loans Ltd Charity Bank Clearwater Credit Union Climate First Bank

🌍 𝐓𝐡𝐞 𝐆𝐥𝐨𝐛𝐚𝐥 𝐀𝐥𝐥𝐢𝐚𝐧𝐜𝐞 𝐟𝐨𝐫 𝐁𝐚𝐧𝐤𝐢𝐧𝐠 𝐨𝐧 𝐕𝐚𝐥𝐮𝐞𝐬' 𝐅𝐮𝐥𝐥 𝐒𝐞𝐜𝐫𝐞𝐭𝐚𝐫𝐢𝐚𝐭 𝐈𝐧-𝐏𝐞𝐫𝐬𝐨𝐧 The full Secretariat of the Global Alliance for Banking on Values meets in person once a year to discuss how we can better serve our members. This annual gathering is an important moment for us to come together, reflect, and plan for the future. During our recent three-day meeting at Ghent, Belgium, we reviewed our performance over the past year, set new goals and actions to advance the values-based banking practice, and delved into our 2027 Strategy and Theory of Change as a movement. This year, we were graciously hosted by our Belgian member, vdk bank. We had the opportunity to listen to their expectations from the GABV as members, meet their Management Team and find out about their centennial history and their impactful work in the local community. We also enrolled in a learning journey where we visited the oldest building in town, St. Bravo's Abbey, managed by a citizen-led foundation, Buren van de Abdij (Neighbors of the Abbey), and learned from community green energy project Energent cv. A heartfelt thank you to everyone for your contributions, energy and commitment, which made this meeting so memorable! And kudos to Leen Van den Neste and Wouter Van Besien for hosting us so generously. #BankingOnValues #GABV #SustainableFinance Martha Lucia Rojas Hoyos Upendra Poudyal Martin Rohner Jean Pogge James Niven Alice Khounta Jules Massin Tytti Kaasinen Sofia Servera Reynolds Tom Cummings Sonia Felipe Larios Ugo Biggeri