Business, Environment, Society
Our modern world is a network: Economic values are created through collaborations, social relationships are forged, and ecological embeddedness builds the ground – for companies, private households, government institutions, NGOs - day by day. It is about economic value and real values.
EccoWorks understands itself as a business management consultancy. It supports value- and value-based management through future-oriented strategies, and accompanies their implementation.
As an independent company, we draw up analyses and concepts to increase economic, ecologic and social performance. And we accompany their implementation. To this end, we offer our consultancy services in strategy development, external reporting and sustainability ratings.
We see ourselves as strategic partners for the analysis and implementation of investment concepts and asset classes in the area of sustainable investments.
Strategy development, portfolio analysis, market positioning and risk management are the cornerstones of our consulting services.
Value oriented company leadership and in particular sustainable investments require appropriate competences and qualifications. We offer a wide range of suitable qualifications.
"How much of your portfolio is invested in Social Impact Investing vehicles?" "Which topic areas appear to hold the greatest potential for Social Impact Investing?" "Where should Social Impact Investments ideally unfold their impacts?" These and other questions were answered by over 50 foundations, high net worth individuals (HNWI) and family offices between May and November 2014.
The results of this survey are encouraging for the further development of Social Impact Investing (SII) in Germany: all three surveyed groups are, in principle, willing to forgo financial returns in favour of positive social or environmental impact.
This paper analyses the suitability of sustainable investments and strategies for the proprietary trading of German savings banks. The paper employs a preliminary panel data analysis of financial statements of all German savings banks from the years of 2013 to 2015 in order to cluster the German savings banks from passive to active proprietary investment institutions. Based on the results of the clustering, the paper uses a vector error correction model (VECM), combined with a bootstrap simulation analysis, to compare different sustainable investment strategies and conventional investment strategies for the strategic asset allocation of German savings banks by their future return distribution paths.
Why has conventional capital market theory and the theory of finance ignored systematically ethics in the last decades? Are ethics and finance really counterparts? These and many other questions are tackled in the latest book of Prof. Dr. Henry Schäfer. It delivers an overarching discussion and analysis of the building blocks of modern capital market theory and an analysis of its hidden ethical content. It’s main argument is, that the longstanding practise of separation in finance and ethics is latest with the evolution of green and sustainable finance on its way to a new integrated thinking. The clues are the concepts of sustainable development and Corporate Social Responsibility. There is a tendency of mainstream asset allocation to integrate sustainability but severe challenges are still existing and should motivate practitioners and scientists proceed in ethics and finance.
German SRI Sentiment Index.
German SRI Sentiment Index. Since 2010 eccoworks appraises the perceptions of instituional investors in Germany with respect to sustinable investments. The resulting SRI sentiment index ist unique not only for Germany but worldwide. The index is calculated in spring and presented in Frankfurt on the annual sustainability conference of Union Investment, the mutual fund group of the German cooperative banks which is the sponsor of the SRI index.
Green and Sustainable Finance Cluster Germany
In November 2017 the Green Finance Cluster Frankfurt (GFCF) was found. It was initiated by the Ministry of Economic Affaires of the State of Hessia. In Spring 2018 it merged with the Deutsche Börse’s Accelerating Sustainable Finance Initiative.Under the label „Green and Sustainable Finance Cluster Germany“ (briefly GSFCG) the activities of both initiatives are jointly continuing.
The merger of the two initiatives aims to further develop a unified position on the sustainable development of the German financial industry. EccoWorks is a member as consultant of the cluster’s Standing Committee. Currently the GSFCG published a baseline report that mirrors the attitudes and expectations of German banks concerning sustainable finance. Prof. Schäfer has contributed to the report.
How to measure the green house gas impact of a bank loan? New innovative software tool now available!
The High Level Expert Group on Sustainable Finance wants it, the Action Plan on Sustainable Finance of the EC demands it and for many heavy-weight international organisations like UNEP and OECD it is a ‚sine qua non‘: the financial industry, and particularly banks should make transparent the greenhouse gas impact of their customers‘ loans and assets! So vehemently such demands are, the necessary data collection and calculations are challenging and seem to many practitioners nearly impossible.
Today EccoWorks together with its partner MACS, an innovative Fintech, offers a capable and cost-effective solution: its software package eSave is able to calculate the greehnhouse gas impact of a single loan, a loan portfolio and even of invested assets. Moreover several extensions of the basic software deliver individual scorings about the environmental, social and climate impact of a financial service provider and allow the integration into risk models.
Interested? An on-site presentation of the software‘s performance is readily available. Please use our contact form of our website for your further questions and to fix a date.