Authors:
Klüh, Ulrich;
Naji, Ilias;
Ötsch, Silke
SOFI Arbeitspapier / SOFI Working Paper, Nr. 2026-34. Göttingen: Soziologisches Forschungsinstitut Göttingen (SOFI). https://doi.org/10.82934/1h4y-6398
The paper explores whether and how public savings banks can be transformed into meaningful agents of change for a more sustainable financial system. It outlines concrete elements of an ambitious transition program. We take as context the efforts to further integrate European financial markets within the framework of the so-called Savings and Investment Union (SIU). The paper highlights the (potentially productive) tensions between a strategy for sustainable finance that relies on capital markets and an approach that emphasizes the role of organizations, in particular (public) banks and related institutions (regulation). It identifies potential complementarities between the two approaches and emphasizes the role of civil society and unions in reinforcing sustainable development.
Year: 2026
Publication Type:
SOFI-Working Paper
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