Global Alliance for Banking on Values
The Global Alliance for Banking on Values (GABV) is an organization of independent values-based banks.[1][2]
Structure[edit]
The GABV consists of over 60 member banks, credit unions and microfinance institutions,[3] from a total of 44 countries, serving more than 60 million customers.[citation needed] The group has 16 supporting partners, and in 2021 reported holding more than US$200 billion of annual revenue assets.[4] Its headquarters are in Amsterdam, Netherlands.
History[edit]
The GABV was founded in 2009.[5] Its founding members were Triodos Bank,[6] ShoreBank, BRAC Bank, Mibanco Peru, Alternative Bank Switzerland,[7] Merkur Bank,[8] GLS Bank,[9] Banca Etica Adriatica,[10] New Resource Bank[11] and XacBank.[12] In 2010, the company had its first annual meeting in Bangladesh.[citation needed]
The 2011 Lima Declaration demanded that value-based banks be recognized through appropriate regulation and not be adversely impacted by regulations intended to address issues related to mainstream banks.[13]
2013 resulted in the first International Banking on Values Day, the creation of the Europe and North America regional chapters, as well as the Berlin Declaration.[14]
In 2014, the GABV's scorecard, a set of common impact metrics, which allows banks to report their social impact of a bank through a harmonised method, was launched.[citation needed]
The ninth summit was held in Kathmandu, Nepal in 2017.[15] This meeting concluded with the Kathmandu Declaration, a commitment to a long-term positive social impact towards renewing the whole banking system.[16]
In November 2022, BRAC Bank hosted the group's 13th in-person summit, in Dhaka, Bangladesh.[17][18][19]
References[edit]
- ↑ Weber, Olaf (2018). "Financial Sector Sustainability Regulations and Voluntary Codes of Conduct: Do They Help to Create a More Sustainable Financial System". In Crichton, Rohan; Kibsey, Stéfanie D.; Walker, Thomas. Designing a Sustainable Financial System: Development Goals and Socio-Ecological Responsibility. Springer International Publishing. p. 390. ISBN 9783319663876. Search this book on
- ↑ Hampden-Turner, Charles; Trompenaars, Fons; Cummings, Tom (2015). "The Global Alliance for Banking on Values (GABV)". Nine Visions of Capitalism: Unlocking the Meanings of Wealth Creation. Infinite Ideas. pp. 209–238. ISBN 9781909652842. Search this book on
- ↑ "'Values-based banks put people and the planet at the center of decision-making'". Dhaka Tribune. November 9, 2022.
- ↑ "GABV ANNUAL REPORT 2021" (PDF). GABV.
- ↑ "Global Alliance for banking on values (GABV)". www.socioeco.org.
- ↑ Blom, Peter. "The Global Alliance for Banking on Values". Triodos Bank.
- ↑ "Alternative Bank Switzerland en Triodos Bank gaan samen duurzame ondernemingen financieren". Duurzaam Financieel (in Nederlands). October 25, 2022.
- ↑ "Ny direktør i Merkur: Børnene har åbnet mine øjne for bæredygtighed | Merkur Andelskasse". Ritzau (in dansk).
- ↑ "GLS Bochum - Die weltweit erste Umweltbank". Deutschlandfunk.
- ↑ "La GABV all'Europa: «Niente scherzi sulla tassonomia sociale, sia ambiziosa»". Valori (in italiano). February 24, 2022.
- ↑ "Is Your Bank Funding Big Oil? Here's How to Find One That Isn't". Yes! magazine).
- ↑ "The Global Alliance for Banking on Values (GABV)". XacBank.
- ↑ "2011: Lima Declaration". GABV - Global Alliance for Banking on Values. 2022-01-05. Retrieved 2022-03-17.
- ↑ "2013: Berlin Declaration". GABV - Global Alliance for Banking on Values. 2022-01-05. Retrieved 2022-03-17.
- ↑ "NMB Bank's GABV meet from today". Kathmandu Post.
- ↑ "2017: Kathmandu Pledge". GABV - Global Alliance for Banking on Values. 2022-01-05. Retrieved 2022-03-17.
- ↑ "Global banking alliance summit begins in Dhaka Tuesday". The Business Standard. November 7, 2022.
- ↑ Report, Star Business (November 9, 2022). "Uphold values in banking". The Daily Star.
- ↑ "Top global bankers mass GABV summit today". The Financial Express.
External Links[edit]
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