Values Based Banking: Bringing the Voice of the Citizen into Finance

United Nations Environment Programme (2015)

Today’s financial system is in many ways too large, too complex, and too removed from the real economy. It has become focused on short--‐term profit maximisation, it does not pay enough attention to social and environmental risks, and it leaves 2.5 billion people without access to adequate or any financial services. Banks play an important role in the economy intermediating between savers and borrowers. As such the role banks can play in contributing to or undermining sustainable development is profound. Values based banking is purposively oriented towards the development of a sustainable economy.