In this reader you find information on the Summer School on Social Banking, on its speakers, its presentations, literature tipps and logistical information. Enjoy!

1. Reader Summer School 2010
18 to 23 July in Florence, Italy

2. Content
1. Welcome
• Welcome to the third International Summer School on Social Banking .......................................... 3
• About the Summer School on Social Banking .................................................................................. 4
• General Goals .................................................................................................................................. 4
2. Introduction
• Summer School 2010: „Banking on values - what values?“ ............................................................ 4
• About us .......................................................................................................................................... 5
- Institute for Social Banking ....................................................................................................... 5
- Banca Etica ............................................................................................................................... 6
• Get involved: The ISB Online Network ............................................................................................ 6
• The Summer School Team .............................................................................................................. 7
3. Speakers and Abstracts
• The Moderators ............................................................................................................................... 8
• The Speakers in Order of Appearance ............................................................................................. 9
4. How: Some of Our Methods
• World Cafe ..................................................................................................................................... 26
• Open Space Methodology ............................................................................................................. 27
• Social Sculpture ............................................................................................................................. 28
• Social Clowning .............................................................................................................................. 29
- The Clowns
- The Method
• Your Contribution to the Summer School ...................................................................................... 29
• Literature ....................................................................................................................................... 30
5. Logistics
• The Venue ...................................................................................................................................... 31
• Arrival ............................................................................................................................................ 31
• Directions ...................................................................................................................................... 31
.
• Public transport ............................................................................................................................. 32
• Good to know ................................................................................................................................ 32
• What to bring................................................................................................................................. 32
7. And now? What‘s next after the
Summer School 2010
• Stay in touch .................................................................................................................................. 33
• Summer School 2011 ..................................................................................................................... 33
2

3. Welcome
Welcome
Welcome
• some reading impulses,
• important logistical information
Welcome to the third International Summer School on • and some outlooks on how to stay in touch and
Social Banking: Banking on values – what values?! really make a difference.
This means: Welcome everybody to a week full of:
• Social Banking and Social Finance in its many We would be most happy if out of this Summer School
facets some “real” projects and collaborations evolved,
• Values in banking that shape our future and the future of banking
• The presence and future of Banking and Finance in and finance in the way we assume is a good one for
society humanity. Since we assume, you are familiar with the
• Like-minded and interested persons – both within big challenges of our time, we do not repeat the many
the referees and amongst the participants existing reports and studies on the financial crises,
• Speeches climate change, population growth, urbanisation and
• Workshops biodiversity. They just underline the urgency to reflect
• Questions on and change how we use and invest money.
• Discussions We hope we can all together make this a fruitful,
• Inspiration intense, relaxed and inspiring time.
• Imagination And enjoy Florence and beautiful Tuscany!
• Culture Our kindest and warmest regards,
• Fun and Joy Katharina Beck (Moderator at the Summer School
…and whatever else you make out of it! and Managing Director of the Institute for Social
Please know that we – your organisers, the Institute Banking)
for Social Banking (ISB) and Banca Etica – try our Mirjam Fochler (Head of Organisation of the Summer
best to make this week as unforgettable as possible. School and co-worker at the ISB)
At the same time, be aware that you are the central Julian Kühn (Executive Director, Institute for Social
part in it. We hugely look forward to your questions, Banking)
your inputs, your ideas, your thoughts, your values Ugo Biggeri (President of Banca Etica)
and your practical proposals how to change the
current banking and financial sector. We understand
ourselves as the service providers for you whom we
designed this programme and space for. At this place,
we would like to very much thank our dear colleague
Sven Remer who actually is the “master mind” behind Katharina Beck Julian Kühn
this years programme! Mirjam Fochler Ugo Biggeri
In this reader we included for you
• Information on us, the organisers and our other
projects
• the programme and timeline
• information on the speakers, their speeches and
backgrounds
• the methods and possibilities of contribution
on yourselves, so you can get to know each other
better and stay in touch,
3

4. Introduction
Welcome / Introduction
About the Summer School on Social in society,
Banking • critically reflect on the concepts and ideas behind
socially oriented banking.
In 2010, it’s the Summer School’s 3rd birthday. The
whole movement started in 2006 when around 80
participants from diverse countries came together
Summer School 2010: “Banking on values
for incredible 10 days during a hot summer to discuss – what values?”
about the existing and future trends in Social Banking In addition to introducing Social Banking in general,
and Social Finance. every International Summer School on Social Banking
Out of this intense experience, in December 2006, addresses a main topic. In 2010, we focus on “Banking
the Institute for Social Banking (ISB) was born (see on values” and ask “what values?” these actually are
below), designed to provide training and research (also see article “Values in Banking”). As banking is a
on Social Banking and Social Finance. Today, the social interaction, we will also link these discussions
International Summer School on Social Banking is to our personal values (see speech of Rolf Kerler on
one of the central recurring projects of the ISB. It has Sunday).
taken place every two years since 2006. The following topics will be covered specifically
Each Summer School takes place in the home • Values in banking
country of one of our member institutions (please • The impact of banking in and on society
have a look at our Annual Report 2009) because we • Microfinance
want to offer each of them a platform to show that • Banking as a commons
Social Banking and Finance has a long track record • Social Banking 2.0
and is an internationally renowned tool. In 2008, • Individual and organisational competencies for
we co-operated with Merkur Bank in Denmark and Social Banking
in 2010, Banca Etica is our great partner. Since the • Ratings, Reporting and Labels
demand for participating in the Summer School was • The role of donations in the economy
extraordinarily high in 2010, we now decided to • Our capacities for change
organise a Summer school on a yearly basis (see at
the end of this reader “Summer School 2011”). Due to the interactive methods applied (see below),
you will also have the opportunity to propose
additional topics during the conference.
General Goals
Italy – origin of modern banking
The Summer School provides a unique opportunity Florence is an ideal place to discuss banking and its
for interested and engaged people to meet and values. It was in Italy that current banking was actually
develop new perspectives on banking and finance. invented: In the first half of the past millennium,
Within the Summer School, we traders started to merchandise money on wooden
• create awareness for the role of banks in society banks on the streets – “bancos” in Italian – and this
and the economy, is where our modern “bank” has its origin. With
• present cases and best practices of already influential families such as the Florentine Medici,
existing socially oriented banks and banking banking as we know it today, becomes global and
products, influences political decisions of kingdoms and the
• question the personal relationship to money and Vatican.
the present banking system, But what about Social Banking?
• offer spaces for creative and solution-oriented Of course, Florence is not only rich in its economic
discussions on banking and finance and their role history and inventions, but also in all forms of
4

5. cultural activity. Incredible values in arts, knowledge Connecting education, research and praxis
and architecture are at home in the Tuscan city. Be The activities of the ISB are targeted at examining
inspired by these unique surroundings! both practical problems / successes of the socially
In the speech of Ricardo Milano and Simone Siliani oriented banks and financial service providers and to
on Sunday evening, you will hear more about this reflect on these academically. This intends to support
Introduction
inspiring history and place. practitioners and to disseminate ‘best practice’. The
insights gained from the research also ensure a high
About us standard in the training activities.
The Summer School is a project of the Institute for Where we come from
Social Banking (ISB). And for every edition, we co-
As described in the “About the Summer School”
operate with one of our member organisations (see
section, the birth of the Institute for Social Banking
Annual Report 2009) all across Europe. By this, we
is closely connected to the Summer School in 2006.
promote the Social Banking and Finance idea in as
However, the idea of a “Worldwide Institute for human
many countries as possible and, most importantly,
banking” had already been around in for many years.
we can support our respective partners with the
It was mainly Julian Kühn, today’s Executive Director of
international outreach for their approach.
the ISB, who had again and again organised trainings
and seminars for the co-workers of the existing Social
Institute for Social Banking Banks and Finance Initiatives around Europe. With
The Institute for Social Banking promotes a concept their similar approach (the aim to shape society for
of finance and banking that specifically orients itself good through money) it appeared natural to merge
towards a perception of and responsibility for the the knowledge acquired in decades of individual
development of both people and planet. practices and to use these events to develop a joint
For this purpose, we want to contribute to a change approach and to increase one’s experience.
in paradigm. This will be possible if more and more These trainings and seminars culminated in the
people develop a new - ethically and socially- organisation of the first International Summer
ecologically oriented - understanding of the monetary, School on Social Banking in 2006, organised by
banking and insurance sector. the GLS Treuhand e.V. in Herne, Germany. Just 5
Training and Research for Change Agents months later, in December 2006, 10 Social Banks
Our work intends to enable working independently and Financial Service Providers founded the Institute
and innovatively and to get engaged in socially for Social Banking with the goal to be a center for
oriented entrepreneurial ventures. Our offers are and further develop training and research on Social
aimed at interested employees of ‘alternative’ and Banking and Social Finance. Today, the ISB has 13
‘traditional’ banks and financial institutions, business member institutions. So far, around 750 persons
and banking students, as well as interested people have participated at ISB events. Every month, around
from other backgrounds. 2.000 persons (unique visitors) visit the ISB website.
Our projects and activities include: In 2009, it was awarded as official project of the UN
• Masters on Social Banking and Social Finance Decade “Education for Sustainable Development”.
(see below) In March 2010, it’s MA Social Banking and Social
• International Summer School on Social Banking Finance was awarded the “Continuing-Education-
(this is why you are here…) Award 2010” by the German Federal Institute for
• Expert Seminars for Bankers Continuing Education.
• Introduction Seminars to Social Banking Website: www.social-banking.org
• Publication of the ISB Paper Series
• Dialogue with other relevant think tanks
• First Bachelor elective on Social Banking
worldwide
• Lectures and Lecture Series
5

6. Banca Etica the main conditions of all ethical finance activities;
Banca Etica’s Foundation is our close co-operation • the active involvement of shareholders and savers
partner for the 3rd International Summer School on in the company‘s decision making process must be
Social Banking. Founded in 1999 by a solid group of encouraged;
Italian non-profit organizationst, it was the first Social • each organisation which accepts and adheres to
Introduction
Bank in Italy and today has over 200 employees and the principles of ethical finance undertakes to
more than 15 branches. inspire its entire activity to such principles.
The Idea Website: www.bancaetica.com
The idea behind Banca Etica consists in creating a
Get involved: The ISB Online Network
place where savers, driven by the common desire
of a more transparent and responsible management The platform for the associated partners of the
of financial resources, may meet socio-economic Institute for Social Banking
initiatives, inspired by the values of a sustainable
To facilitate networking between the people who
social and human development. work in the area of Social Banking and/or Finance,
The bank manages savings raised from private citizens, who want to learn more, who are interested or
as singles or families, organisations, companies and have any connection to the subject, we created an
institutions in general, and invests them in initiatives international online „facebook“ at social-banking.
pursuing both social and economic objectives, ning.com. This platform is supposed to support
operating in full respect of human dignity and the
a participative and dynamic development and
environment. spreading of Social Banking and Finance by bringing
In such context Banca Etica sets out to educate both together actice and inspiring persons with a common
savers and borrowers by enhancing the awareness mindset and own opinions.
of the formers about their saving‘s destination, and You can use this network to:
encouraging the latter to develop their management • found groups on special topics
and entrepreneurial abilities. • post blogs on interesting subjects, experiences,
Banca Etica does not set out to reject the basic rules questions, projects
of finance, but it rather seeks to reform its main
• discuss topics
values. • search for jobs, people, ideas, inspiration
The Principles • publish job offers
• share information, videos, photos
The principles which inspired Banca Etica‘s
• introduce interesting books, articles etc.
incorporation and which today distinguish and
• announce events
characterise its everyday work, are stated in article 5
• make value-based banking and finance a more and
of its Articles of Association:
more self-evident attitude.
The Company adopts the following principles of
Ethical Finance: Specifically for the Summer School we founded a
• ethically oriented finance is aware of non group „Summer School on Social Banking 2010“
economic consequences of economic actions; within the network. The group is open to Summer
• access to finance, in all its forms, is a human right; School participants 2010 and is meant to support a
• efficiency and soberness are components of lively exchange between the participants in advance
ethical responsibility; and in the aftermath. Here you can find hinds on what
• profit produced by the ownership and exchange of to bring (also in this reader in the „Logistics“ section),
money must come from activities oriented you can arrange travel-groups and talk to each other,
towards common well-being and shall have to post questions and use the fact, that all members will
be equally distributed among all subjects which be participating in the same event. We also introduce
contribute to its realisation; relevant literature in the group „Reading“. To become
• maximum transparency of all operations is one of member of the network you have to be invited. If you
6

7. haven’t got an invitation yet, please send an email Moderators
to You will be guided through the week by two
summerschool@social-banking.org. persons:
Website: social-banking.ning.com Katharina Beck, Managing Director at the ISB, is
your “host”. She will lead you through the content,
Introduction
The Team introduce you to the speakers and keep you up-dated
about everything else you need to know.
We are very much looking forward to meeting you
Shelley Sacks, Director of the Social Sculpture
in Florence! Please use the possibility of having the
Research Unit in Oxford, will lead you through your
team around you all the time and feel free to talk to
personal learning journey, so you can take the most
us about anything anytime - be it organisational stuff,
out of this event. We are very happy to work together
questions or ideas about the ISB activities, special or
with her and to learn from her holistic learning
common topics - you‘re always welcome!
approach. Be inspired!
ISB: Other persons who play a central role in the official
Sven Remer (programme design and speakers) programme are Chris Seeley and Robert McNeer,
Katharina Beck (moderation, PR and organisation) please read more about them in the „Methods“
Julian Kühn (overhead) section of this reader.
Mirjam Fochler (head of organisation)
Thomas Petruschke (support at the venue)
Patrica Ciecierski (Design of reading materials and
support at the venue)
Banca Etica’s Foundation:
Alberta Bidini (organisation and contact to venue)
Ugo Biggeri (programme and speakers)
Irene Palmisano (PR)
Simone Siliani (contacts and speakers in Florence) Katharina Beck Shelley Sacks
7

8. Speakers and Abstracts
Speakers and Abstracts - Sunday 18 Julyuly
Your Facilitators
Katharina Beck is a graduate She is personally driven by the wish to enable every
in Regional Sciences of Latin human being to live a life in dignity. Seeing climate
Amercia and now working change as one of the most urgent problems for
as Managing Director at the humanity, she tries to find ways for shifting how the
Institute for Social Banking economy is working nowadays. Finance and personal
(www.social-banking.org). She values play a major role in this. Therefore, Katharina
is responsible for, amongst focuses on increasing awareness about banking
other things, Communication, and finance and also about how the „western
the International Summer lifestyles“ can be changed towards „sustainability“ -
Katharina Beck School and other seminars. In understanding this word as ability to live now and in
2008, she was president of oikos the future.
International (www.oikos-international.org). katharina.beck@social-banking.org
Katharina is a LEAD Fellow (www.lead-europe. Telephone number: +49-176-23175779.
org), writes online at www.kathas-welt.de about
sustainable lifestyles and lives in Cologne, Germany.
Shelley Sacks (Director of Social Aesthetic Education for Sustainability and as part of
Sculpture Research Unit, Oxford an annual European Programme in Weimar, Germany,
Brookes University, UK) is an exploring new methodologies of engagement linking
artist whose interdisciplinary the aesthetic dimension and culture to sustainability.
work is concerned with dialogue, Shelley is also working on several other collaborative
creative agency, the relationship writing projects with Wolfgang Zumdick; and a ‘Social
of aesthetics and ethics, Sculpture Reader’ with Zumdick, Kurt and Dr. Walter
facilitating new vision, and the role Kugler. Her work includes more than forty live actions,
of imagination in transformative site works, projects and installations; grass roots
Shelley Sacks social process. She is a Reader cultural and political work in South Africa in the 70s and
in Art and Principal Lecturer at 80s with a focus on social sculpture and cooperatives,
Oxford Brookes University, Oxford, UK. She is Director as well as writing, performing and lecturing in a
of the Social Sculpture Research Unit, Course Leader range of contexts across the world. Her acclaimed
- Masters in Interdisciplinary Arts and Masters in social sculpture project, Exchange Values (http://
Social Sculpture, Graduate Research supervisor and www.exchange-values.org) with banana growers and
conveynor of the Social Sculpture Research Forum; consumers was presented at the World Summit for
Convenor - Art, Culture, Sustainability - university- Sustainable Development 2002. In June 2008 Shelley
wide, cross sector research cluster and initiator of invited Chris Seeley to collaborate in the design and
the University of the Trees social sculpture project. delivery of a 3-day ‘Connective Practices’ symposium
After graduating from the University of Cape Town in in Oxford. In October 2008 Shelley led a workshop at
1972 (with distinction), she studied in Germany with the World Cultural Economic Forum in New Orleans
Joseph Beuys as well as taking up a postgraduate on social sculpture and creative communities. In
scholarship at the Kunstakademie, University of 2009 she contributed a social sculpture process to
8 Hamburg in 1974. Shelley is currently working with the Nobel Laureates Symposium, in London, on the
cultural scientist, Dr. Hildegard Kurt, on a book on Climate Crisis. The long-term social sculpture projects

9. University of the Trees (www.universityofthetrees. independent of formal institutional frameworks. In
org) and Ort des Treffens (www.ortdestreffens.de) 2012 her social sculpture projects will be presented
are a central focus of her work. Shelley is co-founder, in Tokyo at Watari-Um, co-curated by Dr. Walter
with a small group including Maritta Koch-Weser, of Kugler.
the new Social Sculpture Association (London/Berlin) ssacks@brookes.ac.uk
Sunday 18 July - Speakers and Abstracts
designed to further global social sculpture initiatives,
Chris Seeley (Co-Director of the expressive creative life into her work as a response
Ashridge Masters in Sustainability to sustainability and the current world situation.
and Responsibility, Ashridge She is a Visiting Fellow University of Bath’s School of
Business School; Social Clowning, Management, and a Research Affiliate at the Social
UK) started life with drawing, Sculpture Research Unit at Oxford Brookes University
painting, making - a childhood in the UK. She is Co-Director of the Ashridge Masters in
informed by creating - before Sustainability and Responsibility at Ashridge Business
studying graphic design, moving School. She also works worldwide with public,
into a corporate identity and private and educational organisations incorporating
Chris Seeley
then industrial market research different ways of knowing beyond the intellect into
and new business development. She broadened her an improvised, unmediated way of receiving the
horizons at the turn of the century to encompass world, allowing spontaneous responses to emerge.
wider global issues and seeks to re-integrate her chris@wildmargins.com
Robert McNeer (Social Clowning) construction. Aside from leading workshops there in
is a theatrical educator, actor theatre and clownwork, he continues his theatrical
and director; cofounder of La research with non-professional actors throughout
Luna nel Pozzo (The Moon in Italy, teaching in schools and psychiatric wards, as
the Well), a cultural centre in well as with the differently-abled. He recently opened
the countryside near Ostuni practical research into clown and neuro-motor
(Brindisi province), in southern rehabilitation with Parkinsons patients in Venice,
Italy, where he hosts a month- and regularly conducts seminars for Rudolf Steiner
long summer theatre festival educators in Germany. www.la-luna-nel-pozzo.com.
Robert McNeer in a stone amphitheatre of his lupo.teatro@libero.i
Your Referees and Workshop Leaders
Rolf Kerler (Co-Founder and Germany. Cofounder and business manager of the
Member of the Supervisory Gemeinschaftsbank in Bochum and GLS Treuhand
Board of GLS Bank and Weleda for 21 years. 1988 – 2002 board member of the
AG, Germany), born in 1941 General Anthroposophical Society and responsible
near Stuttgart, Germany. After for finances. Since 1991 member of the board of
his apprenticeship in banking he directors of Weleda AG (2003 – 2009 president).
studied Sociology and Economics Business manager of Stiftung Evidenz Arlesheim/
in Mannheim and Munich. Since Schweiz
1968 active in anthroposophical r.kerler@sunrise.ch
Rolf Kerler
banking institutions in Bochum,
9

10. individual’s perspective on
An In the course of time many values for a new banking
values, money and banking (Sunday 15:45) came about – often connected with general slogans
The lecture gives opportunity to dive once more like sustainable, social, ecological, ethical etc.
into the beginnings of the Bochum Bank whose My personal values refer not so much to contents
development I have participated since 1968. but have more to do with methods, with how to deal
Speakers and Abstracts - Sunday 18 July
First do, then understand, what new values have with people and money.
developed in practical banking life.
Ricardo Milano (Banca Etica, the developments? As I am indeed been born the
Italy) Banks and as they are developed? What does it teach
Florence and central Italy: us this past?
people and places where the If today the world, kind that sensitive and open to
banks and the social banks the happiness of all the people has, and he wants
were born. (Sunday 18:30) to have, trust in the social banks we absolutely have
to rediscover the true origins and to work us. The
Florence and Tuscany have incrostazionis that have been you have not certainly
been in the XV century, from allowed a balanced development of the system and
Ricardo Milano
the economical/financial point the crisis that today the world is living points out
of view, what today is New York him.
and his district: the capital of the business. To know the history means not to repeat the done
The banks of the merchant-bankers were not only errors. Today we are repeating the errors really for
powerful, but also initiators of a global economic our ignorance.
system that have anticipated the actual reality. Tuscan characters and Florentines as St. Bernardino
But from Tuscany and from the Center Italy figures from Siena, Sant‘Antonino in Florence and others
have also emerged that, departing from the idea of that have lived here are symbolic to our goals and
the Poverty of St. Francis of Assisi, they have created, must be rediscovered.
thanks to the Franciscan (but also Dominican) In fact, if the way is changed to manage the money
economy, the premises of the market (that civil). This and that to make enterprise, the philosophy of the
has been the forerunner of that capitalistic initiate in money and its ethics is not changed: money is for the
the XVIII century thanks to the English thinkers that humanity and not the humanity for the money. To
it has however defeated and made to set aside that rediscover this is to really rediscover the part better
civil. than every human being.
The consequences are under the eyes of everybody. rmilano@bancaetica.it
Which then the reasons for such origins and which
Simone Silinai (Fondazione now member of staff at the Fondazione Culturale
Banca Etica, Italy) was born Responsibilità Etica, being responsible for the
in 1962. He holds a Degree development of projects in the field of ethic finance
certificate in Electronics and and environmental social sustainability as well as the
a University degree in Italian co-organisation of Terra Futura.
literature from the University of siliani.fondazione@bancaetica.org
Florence. He held several political Florence and central Italy:people and places where
positions in the Tuscan Region, the banks and the social banks were born.
was town councillor for culture (Sunday 18:30)
Simone Siliani and international cooperation
for the City of Florence, became Can we speak about a “Medici effect” in making
then responsible for research and development Florence perhaps the most powerful and prosperous
10 at the Cooperativa Archeologica in Florence and is Princedom in Europe between XV and XVI century? If

11. so, what is this “Medici effect” all about? Essentially, in also original, together in a new dialogue with Ancient
linking together economic power and art and culture Art. Conditions that are not even thinkable in the
development throughout innovation: this is the focus Contemporary Berlusconian Italy. But let us not even
of what we usually call Renaissance and that, in a overestimate the renaissance: it was not only for
rather reductive manner, we identify with the genius style, culture that a banker use to ask an artist for a
Sunday 18 July - Monday 19 July - Speakers and Abstracts
of a certain number of artists in the field of visual arts portrait; it was clearly a matter of fashion, a matter of
and sculpture. But the Florentine Renaissance is much economic investment and demonstration of personal
more complex: it surely had an European dimension power.
and it consisted in the fact that so many riches and The story of Renaissance Florence it is not one of
business energies where addressed to a kind of separate worlds: to the role played by culture in the
culture that had a powerfull innovative momentum. world of political power, correspondes a role of the
It was different from the culture that was teached in mechanism of political power and markets in the
Universities and from the art that was commissioned world of arts and culture. The point is that a banker
by the Church (the only art buyer in the XV century). of the XV century has built magnificent building,
At a certain point new Princes, brilliant, aggressive, purchased tapestries, commissioned paintings that
willing to compromise (and even worst), finds out are still admired: what a banker of the XXI century
that it could be very useful and pleasant to surround will leave to posterity is not yet clear.
themselves with not only beautiful masterpieces but
Andreas Weber (Independent broadly a dualist view. I will argue that this dualism
Writer, Germany; Author of is a flawed worldview which besides other problems
“BioKapital”) leads to an uneconomic economics. I will unfold this
„BioKapital“ The role of argument in three steps, analyzing (1) the hidden
finance/banking in the values of natural services outnumbering the world
problems we face and in their GDP of human activities by orders of magnitude,
solution (Sunday 20:30) (2) the true nature of human needs as an embodied
organic being, and (3) the resulting picture of the
Basic economic assumptions whole biosphere as the „real“ economy, including
Andreas Weber
– including most of which are the „market“, but showing itself characteristic traits
valid for socially responsible of a commons-based management system. I will
economic activities – are grounded onto a more or classify a set of biosphere/commons-based values
less hidden set of values. These values are typical of a as guidelines for a shift from an uneconomic to an
modernist worldview, comprising a time-arrow view economic economy, which could also be called an
of history, determinism, objectivism, reductionism, „economy of life“.
the idea of the illusionary nature of feelings, the frankandreasweber@gmx.de
assumption of endless human needs and more
Ulrich Thielemann (Vice St. Gall (1988-1989). From 1990 to 1996 he was a
Director Institute for Business Scientific Assistant of Prof. Peter Ulrich, with whom he
Ethics, University of St. Gallen, worked out a qualitative empirical study on the ethical
Switzerland) was born in thinking-patterns of (Swiss) managers, published as
1961 in Remscheid, Germany. „Ethik und Erfolg“ in 1992 (Paul Haupt). He wrote
He studied from 1982-1988 his dissertation-thesis on „The Market Principle - A
economics at the University of Critique of the Logic of Economic Exchange“, published
Wuppertal, Germany, (Dipl.-Ök.) in 1996 (Paul Haupt). He was Visiting Scholar at the
and participated in the Doctoral American University, Washington, D.C., pursuing his
Ulrich Thielemann
Program of the University of habilitation-thesis on „Competition as a Concept of
11

12. Justice“ and at the Department of Economics der down to an ‚ethics‘ of the right of the powerful
University of East London, United Kingdom. Since (the most solvent and the most productive market
2001 he is Vicedirector of the Institute for Business participant). The economy is not just the pure market,
Ethics at the University St. Gallen and holds chairs but also part of the lifeworld. A good market economy
in Philosophy and Business Ethics. Since 2005 he is (social market economy) is, by definition, embedded
Speakers and Abstracts -Monday 19 July
Associate Professor of Business Ethics at the Graduate in cultural values and in norms of fairness and
School of Management/University Educatis. Ulrich moderation. Social banking has an important role to
Thielemann is author of numerous books and play in sustaining and modernising the idea of a social
publications in scientific journals and anthologies. market economy. However, true business ethics from
ulrich.thielemann@unisg.ch integrity, which social banking demonstrates and
The role of social banking for a good market supports, must always be backed up by an appropriate
economy. Ethical visions and challenges. ordo-political framework. Without such a framework,
(Monday 11:30) social banking will be squeezed out by competitive
forces, or remain a niche at best, with its potential
The market, left alone, has the tendency to occupy to sustaining, strengthening and modernizing a true
all spheres of the lifeworld with its own logic. This is social market economy left unused.
ethically wrong and cannot be justified, as it comes
Pierre Aeby (1956) (CFO Triodos Triodos Bank‘s perspective on values in banking
Bank, NL) (Monday 15:30)
Pierre Aeby is Member of Triodos Bank has pioneered values-driven banking
the Executive Board & CFO of for 30 years. Its mission is to help create a society
Triodos Bank N.V.. He joined that promotes people’s quality of life and has human
the bank in 1998 and served dignity at its core. Founded in The Netherlands, the
as Managing Director of the bank has developed to become an international
Belgium Branch. In 2003, he group with branches in the Netherlands, Belgium,
was appointed Member of the The United Kingdom, Spain, and Germany, and well
Executive Board at the central developed fund management activity. With the
office and moved to The Netherlands. Besides his support of 250,000 customers, the bank finances
overall responsibilities at Executive board level, projects in several sectors such as renewable energy,
Pierre main responsibilities cover risk management, organic agriculture, microfinance, fair trade, health,
finance, business banking, and emerging markets. education, and culture. Voted Most Sustainable Bank
He serves as board member of several investment of the year in 2009 by The Financial Times, Triodos
funds managed or sponsored by Triodos Bank in Bank advocates a new approach to banking that
microfinance, fair trade, renewable energy, and focuses on the common good they can deliver.
socially responsible investments. He started his Triodos is a member of the ISB.
career in banking at Generale Bank in Belgium and www.triodos.nl
held several positions in international trade finance,
international banking with emerging countries,
corporate banking and credit risk management.
Pierre.Aeby@triodos.nl
12

13. Ugo Biggeri (Co-Founder of Popolare Etica.
Banca Etica, Banca Etica‘s biggeri.fondazione@bancaetica.org
President, Italy) is Chairman of Banca Etica‘s perspective on values in banking
the Board of Directors of Banca (Monday 15:30)
Popolare Etica in Italy. He holds
a University degree in Physics, Banca Etica was founded in 1999 by a solid group of
Monday 19 July - Speakers and Abstracts
a PhD in Electronic Engeneering Italian non-profit organizations. Now it has about 33
and a Post graduate degree in thousand shareholders of which almost 4.000 are
Health Physics. After research organizations. Its aim is to finance activities with
Ugo Biggeri
experiences he worked as social and environmental added value. All loans
consultant for sustainability of renewable energies, granted to such activities are briefly presented on the
waste management and ecolabelling. Since his website (bancaetica.com). Banca Etica collects about
activities as co-founder of Banca Etica in 1995, he 700 million euro, it has 13 branch offices spread
held several positions within the organization: From on the entire Italian territory; moreover through
1996 to 1999 he was Chairman of the „Associazione FIARE, Banca Etica operates in Bilbao and Barcelona
Finanza Etica“, from 1998 to 2007 he was member (Spain).
of Banca Etica‘s Board of Directors, from 2003 to The Bank is member of several international
spring 2010 he was the Chairman of the „Fondazione organizations active in social banking (eg. GABV,
Culturale Responsabilità Etica“ and in May he was Sefea, Febea, Inaise, ISB...).
elected Chairman of the Board of Directors of Banca www.bancaetica.com
Jean Pierre Caron (Vice- Values to make sense : general aspects, and
President of the Board of La practice in la Nef (Monday 15:30)
Nef, France) is Vice-president Values appear indeed as a difficult matter, however
of the Supervisory board of more and more necessary. Nowadays the term
La Nef (Société financière), “management by values “ is recognized as a possible
also active in the association style of management.
La Nef (now for gift money) But what is really the meaning of working with values,
since its foundation in 1979. He what about the path from definition to practice, are
works also as a consultant on there some risks, some conditions for success?.
Jean Pierre Caron organisational development in La Nef has worked out its values starting from the
several companies. french notion of “brotherhood” in the economy,
Jean Pierre is also president of the Advisory Board of also out of some necessities linked with money as
the ISB. a potential source of ethical renewal in the financial
direction@association-lanef.org world.
La Nef is a member if the ISB.
www.lanef.com
Hayday, Malcolm (Head of Bank of which he is also Chief Executive. The Charity
Charity Bank, United Kingdom) Bank is the world’s first general registered charity to
In 1993 Malcolm Hayday moved be authorised and regulated as a bank. Charity Bank
from the dark side of international provides a growing range of financial services for the
banking to civil society where he common good. It is a different bank for people who
joined Charities Aid Foundation want a different world. In just 7 years, the work of
to develop a market in loan Charity Bank has touched the lives of over 3 million
finance: investing in the common people in the UK and, increasingly, in the wider
good, not just giving to charity. In Europe. It sees its growth through partnership with
Malcom Hayday 2002 he co-founded the Charity like minded people and organisations. 13

14. Every year, Charity Bank takes a small number of Charity Bank‘s perspective on values in banking.
interns to work on projects to assist the bank‘s Can some banks really be different?
development. Interested applicants should contact (Monday 15:30)
Brian Knott at bknott@charitybank.org. Drawing on the theme of a different bank for people
mhayday@charitybank.org who want a different world, Malcolm Hayday will
Speakers and Abstracts - Monday 19 July
use the short experience of Charity Bank to show
how disenchantment with the mainstream banking
sector has allowed Charity Bank to grow by being
true to its values. These permeate the bank and are
reflected not only in the way we work with savers
and borrowers.
Charity Bank is a member if the ISB.
www.charitybank.org
Marco Morganti (Banca 1. increase the customer satisfaction for currently
Prossima, Italy), CEO and served organisations (and gain new customers)
founder of Banca Prossima, through tailor-made products and services distributed
holds a degree in Renaissance by dedicated professionals with experience as
Philology and has worked in volunteers: the Relationship Managers;
various roles, mainly in the 2. its Fund for the Development of the Social
publishing industry, for over 10 Enterprise, fed by at least half of the bank’s profits
years. Since 2003, he has been (all of them for the first 10 years), which brings about
Marco Morganti in charge of the Bank & Society mutuality across all client organisations and enables
Lab in Intesa Sanpaolo. In June lending towards borrowers or projects that would
2006, Morganti started working on the idea of the otherwise be priced out of credit;
first bank in Europe completely dedicated to nonprofit 3. external guidance and assessment via the Solidarity
organisations: Banca Prossima of Intesa Sanpaolo and Development Committee, a statutory committee
Group, which began its operations in February 2008. which contributes to the design of the operation
riccarda.zezza@intesasanpaolo.com strategy and assessment of the effectiveness for the
Banca Prossima‘s perspective on values in banking Fund for Development of the Social Enterprise;
(Monday 15:30) 4. a credit rating model for social enterprises
which takes into account both the legal and fiscal
In November 2007, Intesa Sanpaolo created Banca peculiarities of these businesses and complies with
Prossima as the first European bank exclusively Basel2 criteria.
dedicated to the nonprofit sector, such as charities, The effectiveness of the credit rating model and of
religious organizations, cooperatives, settling 120 the fund has resulted in a low percentage of bad loans
million euro in equity for its start up. Two and (0.5 percent versus 5.5 percent that is the average in
a half years later, Banca Prossima counts 9.500 Italy).
customers, for a total of 1,2 million euro in lending www.bancaprossima.com
and deposits.
The bank has the specific object of “fostering the
creation of the Common Good through traditional
and specialised banking tools”, and its activity is
structured along four main strategic directives:
14

15. Andreas Neukirch (Member of Association of Investors in the Social Economy) and in
the Board of GLS Bank, Germany) the supervisory board of the ISB (Institute for Social
is born in 1960 in Düsseldorf / Banking). Andreas Neukirch is honorary member of
Germany. After apprenticeship in the board of a charity-alliance (Caritas) with it´s home
banking and studies of business care establishment (Caritas Alten- und Krankenhilfe).
administration at the university Especially his engagement in projects dealing with
Monday 19 July - Speakers and Abstracts
in Cologne (Dipl. Kfm.) he had different forms of cross- generational living and
executive functions in different the communal living is reflected in assisting such
enterprises of the cooperative initiatives. In his free time he is a passionate long-
Andreas Neukirch financial system. Since 2002 distance- runner. He is married, has three adult
member of the board of the children and lives in Lippstadt.
GLS Bank with responsibilities in the following
andreas.neukirch@gls.de
domains: human resources, bank-wide control, GLS Bank‘s perspective on values in banking
lending, payment transactions, IT-Orga and audit. (Monday 15:30)
Furthermore responsible for affiliated companies
within the GLS group and therefore member of the GLS Bank, founded in 1974, is the first ecologically
executive board of the GLS Beteiligungs AG and and socially oriented bank in Europe. It nowadays
GLS Energie AG. Priorities in projects for renewable brings together more than 80,000 customers and, in
energies. Engagement in the international 2009, has a balance sheet of 1,4 Bn. Euors. GLS Bank
collaboration of ethic-ecological oriented banks by is a member of INAISE, the GABV and the ISB.
the membership in the board of INAISE (International www.gls.de
James Niven (Global Alliance Values in Banking; An international perspective
for Banking on Values, UK) is from the Global Alliance for Banking on Values
Programme Manager for the (Monday 15:30)
Global Alliance for Banking on Values-driven banking has enjoyed increasing
Values (www.gabv.org) and attention in recent years. Yet, despite its compelling
Head of Public Affairs at Triodos successes, arguably its impact remains relatively
Bank (www.triodos.com). James limited. The Global Alliance for Banking on Values
has fifteen years experience (GABV) is a network that aims to grow sustainable
communicating the work of banking substantially. Against this background we
James Niven values-driven organisations, will explore where this young organisation has come
from the British Council in New from and where it plans to go. In the process we
Zealand to Voluntary Service Overseas and the UN will share how its members apply the values they
Capital Development Fund. For the last eight he’s promote, and why they believe it matters.
worked at Triodos Bank moving to the Netherlands, www.gabv.org
and the bank’s international department, in 2009.
The Global Alliance for Banking on Values is an
independent network of banks using finance to
deliver sustainable development for unserved
people, communities and the environment.
james.niven@gabv.org
15

16. Pehrson, Lars (CEO Merkur with more than 16,000 clients.
Bank, Denmark) Born 1958, CEO Mail: lp@merkur.dk
and cofounder (1982) of Merkur Merkur Bank‘s view on values in banking
Cooperative Bank, Denmark. (Monday 15:30)
Vice President of INAISE,
Speakers and Abstracts - Monday 19 July
International Association of Merkur takes the societal approach serious and asks:
Investors in the Social Economy. What will be the implications for the bank‘s business
Merkur Cooperative Bank is model?
Denmark‘s leading social bank www.merkur.dk
Lars Pehrson
Edy Walker (Member of the Alternative Bank Switzerland‘s view on values in
Executive Board Alternative banking
Bank, Switzerland) is a certified (Monday 15:30)
banking expert. After twenty The Alternative Bank Schweiz AG (ABS) is a savings
years of practical experience in and loan bank with an alternative business model.
several banks he started to work The bank is a leading supplier of ecological and
at the ABS as an expert in credit social bank products in Switzerland. Sustainability
management in 1998. He was and ethic principles are the top priority. The bank ...
responsible for the setup of the the societal mission, to live social respect, ecological
Edy Walker credit administration and credit responsibility and honest transparency. Sie gibt sich
risk management and thus den gesellschaftspolitschen Auftrag, sozialen Respekt,
contributed significantly to the development of the ökologische Verantwortung und ehrliche Transparenz
ABS. Walker also represented the employees in the zu leben. For 20 years now it has been growing
ABS Advisory Board. Since 2005 he is a member of organically, the headquarter being in Olten but also
the executive management. In this function he was having branches in Lausanne, Zurich, Geneva and
responsible for the design of ABS‘ ethical investment Bellinzona. The ABS belongs to 4‘500 shareholders
branch. and has 24‘000 customers. The total assets amount
Edy Walker is also the executive director of the on about 675 Mio. €, 80% being invested as loans
Innovation Fund Association. The Innovation Fund in the real economy. The demand for respectable
Association is mainly funded by subsidies from the socially and ecologically compatible products and
ABS and its shareholders. It finances sustainable services is growing. The ABS wants to answer this
pioneer projects. demand with innovative products and services that
Edy.Walker@abs.ch support social and ecological economic activity. To
perform those services, ABS aims for cooperations
with national and european corporations and banks
that share the value orientation of ABS.
www.abs.ch
16

17. Morning Topic: Different Qualities and practices of money
Julian Kühn (Managing Director, An introduction to the different
Institute for Social Banking qualities of money
Tuesday 20 July - Speakers and Abstracts
and Board member of the GLS (Tuesday 09:30)
Treuhand, Germany), 53 years Money is not a unitary „thing“. Depending on the
old, has been working in the people who use it and how they use it, money changes
area of Social Banking since its particular qualities: e. g. with buying, granting
1978. Over several years he loans, investing or donating. Dealing consciously
was board member of the GLS in a differenciated way with these qualities, in the
Bank and the GLS Treuhand in first place facilitates the funding of diverse societal
Julian Kühn Bochum, Germany. Since 1992 challenges as fair trade, investments in sustainable
he has been coordinating the production and services or the generation of
educational offers of the international movement new ideas and competences within research and
of Social Banks. He is founder and Executive Director education. My assumption is thus, that a holisitic
of the Institute for Social Banking – Education and and sustainable approach of Social Banks needs to
Research. develop and offer bank services that correspond to
Mail: julian.kuehn@social-banking.org these various qualities of money.
www.social-banking.org
Antje Tönnis (Head of Financing change through giving –
Communications, GLS Treuhand, an integral part of social banking
GER) holds a Master’s degree (Tuesday 12:15)
in Geography and a Ph.D in Social banking draws a picture of a new economy, of
Geosciences. Her research the society we want to live in, where people and the
and work focuses on forest environment are more important than profit. Giving
policy, feminist geography, is a central part of that new picture and social banks
gift economy and commons. should provide consultation and services both for
Over several years she held the people who want to give money and for those
Antje Tönnis various executive positions charitable initiatives who are in need of funds. The
within the party „Bündnis 90 economic and social importance of giving will be
– die Grünen“ in Germany. For some years now she explained and GLS Treuhand is used as an example
is the communications manager at GLS Treuhand/ for a financial organisation with experience in donor
Bochum, a charitable association that offers services counseling, and competence in the establishment
to affluent people who want to give money. Founded and maintenance of endowments, foundations and
in 1961, GLS Treuhand has 290 members, all of which legacies.
are charitable organizations. In 2009, a total of 6.5 www.gls-treuhand.de
million euro was spent funding projects.
Mail: antje.toennis@gls.d
17

18. Afternoon Topic: Micro-Finance
Microfinance re-evaluated dynamic sectors?...). These differences in objectives
Speakers and Abstracts -Tuesday 20 July
(Tuesday 15:00) become even more contrasting when comparing
Since microfinance was developed in Bangladesh in microfinance in transition economies with
the 1970s by professor Yunus, a great deal of energy microfinance in welfare states and saturated markets
has been spent on debating whether microfinance (is it actually needed?).
does, or does not, reach the poor, have a positive In this session we will meet people that will tell us
impact on them, or whether it can be sustainable. what purpose it is that they attempt to fulfil in the field
However, the more relevant question that should of microfinance and how they, or their organisations,
focus our attention is the „how“, not „whether“ or have decided to approach this. Ulrike Lohr from
not microfinance reaches the poor, but rather „how“ Oikocredit, a worldwide cooperative society, active
can we use it as a tool to reach them; „how“ it should in 71 developing and emerging market countries will
be designed to serve poor people best to be better explain Oikocredit‘s mission and values and the way
off. they collaborate with local partners. Oikocredit has
Microfinance is a lot more than simply the delivery of implemented a social performance management
small loans. In Addition, microfinance stakeholders system in order to measure and ensure positive
today follow very contrasting objectives. To a great change in the lives of its clients. Markus Heidenreich
deal, this is because their institutional purposes from GLS Bank will illustrate how GLS Bank designed
are not the same (combating poverty? reducing and started a brand new microcredit program, which
unemployment? creating businesses? implementing is intended to support founders of new businesses
a specific lending technique? developing a local and self employed people and which is supported by
community?...) but also because the priorities in the German Government. GLS Bank is a fast growing
reaching these goals differ (financing the poor? German bank with a very strong focus on sustainable
creating sustainable MFIs? developing diverse and banking.
Guene, Christophe(Co-Founder post-conflict areas and transition economies. I am
of SoFi, Belgium) I am an also a trainer in micro-finance techniques, helping for
economist dedicated to the instance starting micro-finance institutions find their
development of “domesticated specific approach, and have formerly practiced micro-
monies” and social finance in finance in Europe for bank-excluded entrepreneurs. I
its most varied forms (micro- worked with INAISE (the first international network
finance, eco-banking, community of ethical and social banks) and am a co-founder of
finance, mutual banking, etc). SOFI, a not-for-profit association of professionals
I am active in the development similarly dedicated to the design of finance for the
Christophe Guene of sector strategies and policies common good.
for micro-finance and social cguene@sofi.be
banking, both in Europe and in Africa, especially in

19. Lohr, Ulrike (Oikocredit, Oikocredit, she works with volunteers for the
Germany) Ulrike has been West German Support Association. Oikocredit, an
working in the field of socially international cooperative society, is one of the world’s
and ecologically responsible largest sources of private funding to the microfinance
investment for various sector. Ulrike holds a degree in Regional Studies
Tuesday 20 July - Speakers and Abstracts
organisations, including the of Latin America from the University of Cologne,
international NGO network Germany.
BankTrack and imug, a German Mail: ulohr@oikocredit.org
SRI-research institute. In
Ulrike Lohr
Heidenreich, Markus (GLS Bank, banks were related to „Macro-finance“, which means
Germany) Im a rooted in the huge financings for international top companies. But
so called „Ruhr Area“ (Essen, finally and by chance I detected a very interesting
Bochum), where I was born in 1976 vacancy for „Micro-finance“ at GLS Bank in Bochum
and where I went to university. - a way of financing founders of new businesses and
Before, during and after my self-employed persons - in a bank, that acts from an
studies (Economics & Business ecological and socially point of view as responsible
Administration) I was employed as a bank can do. This meant multi-faceted working
at several banks, including on the fundamentals of our economy, located in my
Markus Heidenreich Deutsche Bank, Commerzbank native area. So I decided to join GLS Bank starting
and KfW and lived in several from January 1st, 2010.
German and foreign cities (i.a. Düsseldorf, Frankfurt, markus.heidenreich@gls.de
New York, Johannesburg). My main activities in these
Leonardo Becchetti (Prof. of becchetti@economia.uniroma2.it
Economics, University of Rome The economic relevance of
“Tor Vergata”, Italy) is born 31st Social Banking
July 1965. He is full professor of (Tuesday 18:15)
Economics at the University of
Rome Tor Vergata, holds a Phd No one denies that macroeconomics, institutional
at Oxford University, a M Sc. at reforms and infrastructures are fundamental
London School of Economics to promote economic development and social
and is President of the Ethical cohesion. In the traditional western democracies
Committee of Banca Popolare grassroot voice on this issue was mainly limited
Leonardo Becchetti
Etica He teaches Finance and to the participation to political life and, for most
Development economics in the Phd program and people, participation is limited to the electoral vote.
Economics principles in the undergraduate program However, global integration of market economies,
of his Faculty and offers courses of microfinance and the weakness of international institutions which
fair trade in several other Universities. Leonardo are not directly elected and the lack of global
Becchetti is author of about 300 works, which include governance rules aimed to address the issues of
11 edited books, 64 publications on international global public goods is making always more obvious
journals, 52 publications on Italian journals, 73 that an economic system may not work by just
chapters of books and several working papers. His waiting for such “top down” interventions.
18
current research interests are on impact analysis In addition to it, a longstanding tradition of participated
of development projects, microfinance, fair trade, action of non governmental organisations has often
economics of happiness, experimental economics. demonstrated that local community organisations,
19

20. which are closer to social problems and are and environmental value. This is only one example
composed by motivated members, may tackle more for a more general principle that will inspire new
effectively social and environmental problems. Such historical realisations which we still do not see at
organisations have proven that they can do better the horizon today. The principle is, that the ultimate
than the molochs of traditional welfare systems which masters of the present economic system are neither
Speakers and Abstracts -Tuesday 20 July - Wednesday 21 July
often deal anonymously with beneficiaries providing the governments nor large corporations. Both of them
scarce contribution to the many times mentioned crucially depend on the vote of citizens, consumers
immaterial factors (trust, self esteem, dignity) which and investors. This implies that we cannot complain
we showed to be so important in promoting social when we see something that we do not like since the
inclusion. ultimate responsibility for a change is on us and on
These are the reasons why quality and effectiveness our decisions on the market.
of intervention in social and environmental issues The existence of a potential does not mean that we
in the future will crucially depend also on bottom- already have reached it, nor is it a guarantee that we
up participation as well as on the synergies between will definitely be there one day in the future. It only
participation of the civil society and local, national reminds us of an incredible opportunity to solve global
governments and regulatory authorities. imbalances with simple everyday life choices. We
We present Social Banking as main example of generally complain about the changes we would like
this approach which has developed successful and to see in politics and economics without being aware
sustainable models of creation of economic, social that we may be the main actors of that change.
Lothar Lochmaier (Independent Social Banking 2.0 - the future of Finance?
Writer, Germany), born 1959 (Wednesday 09:30)
in South Germany near lake of Questions and Discussion:
constance. Economic writer, The internet changes in a fundamental way the cha-
Journalist and Blogger - he is racter of Social Banking. Banks are not anymore the
specialised in topics around en- Master of the Universe. The customer is able to in-
ergy, management and informa- fluence the whole value chain, already happening
tion technology. Author of the through autonomous financial communities and so-
Book „Die Bank sind wir“ - Chan- cial lending platforms. What could a bank loose and
Lothar Lochmaier cen und Perspektiven von So- win, allowing more transparency and participation of
cial Banking“. In his frequently the customer? What will be the future of the finan-
updated weblog www.commonbanking.com he ana- cial sector, influenced step by step through a virtual
lyses new trends in our banking system beyond clas- economy? What are the challenges and benefits for
sical market perceptions. green banks, connecting with a decentralised “real
lochmaier@gmx.de time economy”?
20