Change finance to finance change

During the Financial Crisis a call for fundamental changes of the financial sector was loudly spoken. The public demanded more responsibility not only financial responsibility but also social responsibility from both banks and investors. Also global challenges such as climate have called upon an active approach and co-responsibility from the financial sector.

There have been different strategies towards these demands within the financial sector going from impact investment, divestments strategies, active ownership strategies and engagement strategies to business as usual.

What are the experiences and results of these strategies and how will the financial sector develop in the future?

These are the topics for a panel debate which KR Foundation, Global Alliance for Banking on Values and Merkur Andelskasse arrange on November 19th 2015.

Marcos Eguiguren (CEO) - Global Alliance for Banking on Values (GABV)

Connie Hedegaard (COB) - KR Foundation

Anders Damgaard (Group CFO) - PFA Pension

Erik Chr. Pedersen (CEO) - Nordea Invest

Thomas Meinert Larsen - Ansvarlig Fremtid

Finn Østrup (Professor) - CBS Department of International Economics and Management

Moderator

Lars Pehrson (CEO) - Merkur Andelskasse

CBS, Solbjerg Plads 3, Frederiksberg – Room SP210

November 19th 2015

17.00 - 18.30

The Panel
 

Since June 2015 the first Executive Director of Global Alliance for Banking on Values.

Professor at Universitat Politècnica de Catalunya, former Supervisory Board member of Triodos Bank

and cofounder of SingularNet - a triple bottom line consulting firm.

Chair of KR Foundation. Former European Commissioner for Climate Action and Former Danish

Minister (Minister of Climate & Energy 2007-2009 and Minister of Environment 2004-2007).

Group CFO of the independent Danish pension company PFA.

Executive Director of Nordea Invest a Mutual Fund managed the Nordic financial services group

Nordea.

Spokesperson of ‘Ansvarlig Fremtid’ (Responsible Future). ‘Ansvarlig Fremtid’ is an independent

theme group under the Danish NGO ‘Klimabevægelsen’ (Climate Movement of Denmark) ‘Ansvarlig

Fremtid’ is inspired by the American movement 350 (350.org).

Professor in the Department of International Economics and Management, Copenhagen Business

School. Finn Østrup has written extensively on financial institutions, on financial crises, and on

international monetary economics.

KR Foundation was established in 2014 by VILLUM FONDEN and the descendants of civil engineer

Villum Kann Rasmussen.

KR Foundation is based in Copenhagen, Denmark, but works internationally.

The mission of KR Foundation is to help provide answers to, stimulate mind shifts about, and

encourage action on, the long-term challenges posed by current and future generations living on a

planet with finite resources, fragile ecosystems, and climate change.

Read more: www.krfnd.org

Merkur Andelskasse (Cooperative Bank) is a Danish values based bank that combines classical

banking with a vision of a sustainable society. A classical bank means simple banking related to the

real economy, funding through deposits and no speculative transactions. To us, a sustainable society

means lending criteria that include environmental, social and ethical aspects in addition to financial

considerations.

Read more: www.merkur.dk

Founded in 2009, the Global Alliance for Banking on Values (GABV) is an independent network of

banks and banking cooperatives on all continents with a shared mission to use finance to deliver

sustainable economic, social and environmental development.

Read more: www.gabv.org

Copenhagen Business School (CBS) was established in 1917. Today, with 20,000 students and

1,500 employees, CBS is one of the largest business schools in Europe and one of the 8 Danish

universities.

Read more: www.cbs.dk