The Global Alliance for Banking on Values (GABV) is a foundation with an established charter, made up of the world’s leading sustainable banks, from Asia, Africa, Australia, Latin America to North America and Europe. Members include microfinance banks in emerging markets, credit unions, community banks and sustainable banks financing social, environmental and cultural enterprise.
All comply with sustainable banking principles and have a shared commitment to find global solutions to international problems – and to promote a positive, viable alternative to the current financial system. These organisations believe that we must improve the quality of life for everyone on the planet, recognising that we are economically interdependent and responsible to current and future generations.
The network’s members have to meet three criteria:
The Global Alliance for Banking on Values delivers on its goals through clearly defined activities and works with key partners to further its work, such as, FMO, the development bank of the Netherlands.
It has also partnered with organisations such as, the Rockefeller Foundation, who co-funded the early stages of its financial capital and impact metrics action track, and Georgetown University who delivered a high-profile event imagining a better future for the banking industry in 2013.
The following video features professionals from across the GABV network describing what ‘Values Based Banking’ means to them: