FEBEA also conducts research on ethical finance and social economy.
REAB - Reporting ON Ethical and Alternative Banks
The aim of this research, launched in 2015, is to investigate FEBEA members’ business models and study their approaches to alternative and ethical financial activity as described on FEBEA’s Charter of Values, and, throughout this process, develop figures on FEBEA representativeness of the European ethical banking movement. In order to achieve such an ambitious goal, a custom survey has been designed and submitted to the members of the organization. The resulting data matrix has been analysed and - where possible - compared to mainstream banking benchmarks, in order to understand which features are shared between alternative financial institutions in Europe, what their criticalities are and how they differ from traditional banking organizations. In order to improve the research in the next years, FEBEA is collaborating with the ICN Business School, a French business and management school.
Here's some result of the research carried out so far:
Review of impact assessment methodologies for ethical finance
FEBEA (the European Federation of Ethical and Alternative Banks), ISB (the Institute for Social Banking) and ALTIS (the "Graduate School Business and Society" of the Università Cattolica del Sacro Cuore of Milan, Italy) are pleased to present the "Review of impact assessment methodologies for ethical finance".
This study, launched in January 2014, via an open call for research, was commissioned and financed by FEBEA, with the technical and scientific expertise and support of The ISB. From amongst 13 proposals, ALTIS was selected to carry out the research. The study undertook a comprehensive review of existing material and identified the apparent gaps in the field of impact analysis of financial activities (from the economic, social, environmental as well as organisational viewpoint) in the context of the particular characteristics of ethical finance actors.
Accepting that the impact analysis of the work of ethical banks is patchy at best, today, the study offers a detailed review of potential indicators that could be used wholly, or in part, to measure the impacts of ethical banks’ activities. The gap analysis also opens up new paths to explore. These are linked more specifically to the essence of what it means to be a social bank but no specific measurement indicators have been proposed at this stage, given the inherent differences of approach amongst banks. However, they do offer stepping stones to future analyses.
Collaboration with Universities and Research institutions
FEBEA developed also relations with other Universities, such as the University of Padova - Italy and the WSB University in Wroclaw - Poland.