Can banking really be ethical?

By staff writers
August 21, 2013

Following hot on the heels of 'Business for the other 99%' at St John's Church this evening is an important session that is part of the joint Quaker and Just Festival lecture series, looking at Ethics in the economy in relation to peace building.

Presented by Neil Hewitt, Social and Cultural Team leader at Triodos Bank, this session will look at the important role that finance can play in making for a better world – in contrast to the scandal surrounding the speculative end of the banking industry.

Neil is responsible for a team of people at Triodos that collectively provides a total of £420 million of funding into social housing, charities, social enterprises, health, care, belief and faith groups, and arts and culture organisations.

In addition to supporting the 460 borrowing customers, the team manages over 600 deposit relationships, with funds entrusted exceeding £40 million.

This diversity enables Triodos to understand the challenges that each of these very different sectors are facing, both on a strategic and operational level.

Neil will explain why and how he is committed to making a difference, and based on the Triodos banking model, is convinced that with more conscious use of money, we can deliver a more sustainable future.

Just Festival, also known simply as Just, runs from 2-26 August 2013. It is based at St John's Church, Edinburgh, and some 27 other occasional venues, and combines artistic and performance style events with conversations, talks, films, exhibits and other ways of exploring how to live together creatively in a mixed-belief society.

* The talk is at 8.30pm at the central Quaker Meeting House, 7 Victoria Street, Edinburgh, EH1 2JL. It cost £5 and will end by 9.45pm. Tickets at the venue. Or online via the Hub here: http://tinyurl.com/mc7wepo

* Ekklesia welcomes this discussion about ethical banking and the work of Triodos and other socially-oriented financial institutions, but is not endorsing particular financial packages or arrangements.

* For more information on Just Festival, visit http://www.justjust.org and http://justfestivalnews.blogspot.com

* Ekklesia is a sponsor of Just Festival. Our news, reporting and comment is aggregated at: www.ekklesia.co.uk/justfestival

Although the views expressed in this article do not necessarily represent the views of Ekklesia, the article may reflect Ekklesia's values. If you use Ekklesia's news briefings please consider making a donation to sponsor Ekklesia's work here.