Global Alliance for Banking on Values (2009, Zeist, The Netherlands; www.gabv.org).
“An independent network of banks using finance to deliver sustainable economic, social and environmental development.” Principles of Sustainable Banking: 1) Triple bottom line approach at the heart of the business model; 2) Grounded in communities, serving the real economy by financing sustainable enterprises and enabling new business models to meet the needs of both; 3) Long-term relationships with clients and a direct understanding of their economic activities and the risks involved; 4) Long-term, self-sustaining, and resilient to outside disruptions; 5) Transparent and inclusive governance; 6) All of these principles embedded in the culture of the bank. 27 banks, credit unions, microfinance and community banks operating in countries across Asia, Africa, Australia, Latin America, North America and Europe; serving 20 million customers; holding up to $100 billion of combined assets under management; and powered by a network of 30,000 co-workers. Chief Executive Officer network takes a leading role in the debate about how to build a sustainable financial future by managing joint projects among members, experts and partners. Also provides learning and development opportunities for senior executives and talented banking professionals at member banks.
Programs: 1) Advocacy and Engagement: a social media campaign involving more than 90% of GABV’s 30K employees who have, so far, posted 7,500+ times and viewed the #BankingOnValues hashtag 8.8 million times; 2) Human Capital: The Values Ambassadors where member bank employees take on roles engaging stakeholders to advance the values-based banking movement; the GABV Leadership Academy introduces participants to the concept of values-based banking]; 3) Regional Chapters: roundtables to provide knowledge and perspective on substantive issues to CEOs in Europe, US, and Latin America; 4) Impact Metrics: a scorecard based on Basics, e.g., transparency/ Quantitative, e.g., triple bottom line focus/ Qualitative, e.g., strategic direction]; 5) Financial Capital has raised $40m so far through an investment vehicle to support values-based banking. News reports dating back to 2009 highlight the activities of the Alliance and member banks. Holds many events, a number of which are archived. Issues an Annual Report. Expenditures in 2014: ~$450k. Chairman of the Board: Peter Bloom (Chair, Triodos Bank). 7 staff and advisors.