Economic activity should serve life – all around the world
Fair trade has not only helped thousands of families in Africa, Asia, and Latin America to live in dignity – it has also developed into an economic model for success. Ethical principles such as those in fair trade should be applied to capital markets, too, because in times of crisis it is the poorest of the poor that are hit the hardest. It is in this context that German development and relief agency Brot für die Welt, the FairWorldFonds partner on development issues, helped create criteria that assess financial investments in terms of their development impact as well as their social and ecological effects. These criteria provide investors with a way to make sustainable investments and contribute to a better world.
Fair trade and fair investment share the same goal: a global economy focused on the common good.
Seeing the need to apply this principle to financial investments, GLS Bank, Bank für Kirche und Diakonie - KD-Bank, and Union Investment, which has many years of experience in the field of sustainable investment, decided to launch the fund FairWorldFonds.FairWorldFonds is helping to move the sustainable development of financial markets forward – so that economic activities serve life.