Grünblick: Sustainable Business & Finance

From 23.11.-26.11.2020, the first digital Grünblick work camp on the topic of "Sustainable Business and Finance" took place for a group of 10 people. The aim of the week was to get guidance in choosing green and sustainable careers in the field of business and finance. Well-known speakers were invited for the days, who gave the participants an understanding of the occupational field with practical examples. In terms of content, the young people mainly dealt with new approaches to sustainable management, the topic of sustainability in European financial policy and the future of the world of business and finance.
This article:
Created: 
18.12.2020 / 12 Uhr
Text: 
Dominik Lechner

Sustainable development goals in the financial world?

The work camp started with a workshop on the SDGs, the United Nations Sustainable Development Goals. Here, the participants divided into three groups and discussed three of the 17 Sustainable Development Goals on the topic of economy and finance. The thoughts and results were presented to the other groups afterwards. In the course of the work camp, an astonishing number of speakers spoke about the SDGs, so the young people were able to get an even better overview of the SDGs and relate what they had learned directly to practice.

Economic Development, EU Policy and Global Ethics Institute

The afternoon of the first day was themed "Rethinking the Economy". Mathias Henel from the Mannheim Economic Development Agency, Alessandro Rancati live from the EU Policy Lab in Brussels, and Dr. Julia Schönborn from the World Citizen School talked to the young people about different approaches to sustainable business, social economy, policy making and design thinking, and value-oriented process development. This gave the young people a better overview of professions in the field of economics and finance.

Sustainability and finances

The following days of the work camp focused on the world of finance. Markus Duscha, visionary and founder of the Fair Finance Institute, set the framework. After actively contributing to the energy turnaround, he now wants to promote the "financial turnaround towards a stable money and financial system that takes social and ecological criteria into account". The first impulse was given by Walter Kern, common good economist and financial consultant, on the topic of the common good economy. Together with the young people, he discussed the common good economy, an economic approach in which private enterprises do not compete with each other but strive together for the greatest possible common good.

Markus Duscha took over the second part of the day and gave the participants an introduction to European financial policy and his approach of the "financial turnaround". The aim was to give the young people an update on current developments in financial policy with regard to sustainability. Different approaches of financial market regulation, the effects of the upcoming EU taxonomy as well as the interaction of economy and politics were highlighted. For the young people, who see their professional future in this industry, these were very exciting and exclusive insights.

Sustainability in NGOs, start-ups and companies

In order to show the young people the full breadth of the professional field of business and finance, the perspectives of NGOs, start-ups and companies on current developments in the world of finance were presented on the third day. On the part of a start-up, entrepreneur David Lais, CPO at Ecolytiq, presented his start-up and his approach to sustainable business. His company develops an app for online banking that calculates the CO2 consumption for the product/service purchased by the user in real time and proposes equivalent compensation payments.

Heiko Schultze, Head of Sustainability and EGS at Landesbank Baden-Württemberg (LBBW), talked to the young people about "The Bank of the Future" later in the afternoon. In break-out sessions, the young people worked out how they would set up the bank of the future in a sustainable and economic way with the support of LBBW's auxiliary questions. The results were then discussed with LBBW's Head of Sustainability & ESG. Many new, creative ideas were developed and the young people's expectations of a bank and its sustainable range of services were discussed.

Outdoor Coaching

This time, the outdoor coaching was not carried out together in nature, but online. The participants were guided by two professional hiking coaches, partly in the whole group and partly in small groups. For the coaching sessions, which usually take place in nature, the participants went out on their own and meanwhile talked on the phone with other participants and exchanged their career aspirations and individual talents in peer-to-peer coaching sessions. Despite the digital implementation, the coaching was a good opportunity for the participants to deal with their career path independently of everyday challenges, e.g. expectations of the social environment.

Dates and registration

At http://www.grünblick.de interested parties can subscribe to the newsletter. The dates for 2021 will be announced via the newsletter and the website.

Support for the project

The "Grünblick" project is funded under the ESF federal programme "Promoting Vocational Education and Training for Sustainable Development. Via green key competences to climate and resource-friendly action at work - BBNE" by the Federal Ministry for the Environment, Nature Conservation and Nuclear Safety and the European Social Fund.