i'll get. to interdict in 60 minutes. he takes her silly us with a little bit wonderful people in stories that make the game so special. for all true fans. more than for. the line. and we cycle to work by fair trade coffee and new screen electricity but when it comes to finance a few of us think about the environmental and social aspects. there

are ways to invest money conscientiously and stefan miller knows all about them he's a banker and deals with sustainability for 15 years he's been advising customers and deciding who's loans get approved. if i really feel like i can make a difference with i started in a conventional bank and it was when i just started a family i asked myself what should i do with what i've learned what am i leaving behind for my children. stefan switch to g.l.'s germany's oldest sustainable bank it does things a little differently to other banks it funds ecological projects and doesn't hand out bonuses stefan is on his way to meet an entrepreneur who needs money for his grand vision. known as plan is to make paper out of grass one of the. scale it already works on

a small scale and he says it would protect resources but it can only meet demand for the new role material if you expand his business. we need a new plant so we're looking for someone from the sustainability sector who would live out this ideal weather and help to finance that last lived. in and see it needs to be fully financed so we're talking about an investment of around $1200000.00 euros with. cardboard boxes and paper a currently produced in big factories the raw material is usually good and often comes from far away it's an energy intensive process that plans to convert grass into pellets and sell them to paper mills the 1st test of mass production was successful creation paper from grass would be a revolution in paper manufacturing the. bank

is here to see for himself could grass pellets really replace wood and how much demand is there is it really more sustainable to make paper from grass these are key criteria for the loan approval. is so much this is a box we produce it has to look good to us the better it looks the more people use it that's the key really. is that it's also a very reusable thing you know. it's off to syria that's the goal the more the consumer uses it the better the carbon footprint. this is the raw material that we sell the paper mills for. pellets from grass that's what i'd really like to see is of course you're welcome to see the entire process let's go take a look. at the difference before he invests in the project stefan wants to see the entire production change from grass to pallets to paper.

the german capital berlin is also a hub of innovation what was once europe's biggest multitask has gradually been transformed over the last 10 years the idea is to live and work under one roof as socially creatively and ecologically as possible the 1st companies in tenants have moved in now it's time for the next construction phase and for that they need money . already could peaches and marlene venus run multiply break the german for multitasks they hope their plans will win over these 2 employees from treated or spank the prerequisite for a loan is a sustainable and holistic concept. and we have a carpenter here to put in the windows new wave is the company the storing all our signage. we eat lunch here at the restaurant so the money stays here we invest in our tenant you know and i'm. going to give co-working actually make sense here

because the term is supposed to mean that everything is interlinked the various companies on site network and do business with each other which have. with us instead of working to us that the tenants appreciate the space and help to shape it with that's the fundamental idea behind our careful loving and sensitive approach towards property rights. and selecting tenets it was not was this way but now we only least are nice people. and that fits the concept careful and loving like that of. the greek is in charge of renting out months fabric an area of $4000.00 square metres everything is coordinated with cheap rents and a sustainable economy basil grows in this greenhouse the fertilizer comes from the excrement of fish that are bred here these berlin grown herds and fish and then sent on a short journey to local supermarkets and restaurants the public pond is fed with filter drain board. to save resources.

the on site restaurant. provides regional cuisine using organically grown produce they're now planning to develop another section of the old factory the before any new sustainable companies and stops can move in they need to raise money. with entrepreneurs frank cicutto founded the project he's long been searching for a bank that matches the philosophy of mounts fabric. beds because of the traditional banking world is foreign to us in many aspects of the process with triode us bank is very exciting and i. think they still have to act as a bank because they have a regulatory and

a risk oriented responsibility. they do the things banks do. i do they also ask about the use about the product you know it's a financial partner that also contributes towards social value and sustainability now that's what they stand for and that was very important to us. the birds were nesting in the old building when frank discovered as other investors probably would have got rid of them. and i wanted to know we have an ornithologist now with the environment agency one of the birds to be categorized so they'd know which birds live here in the factory buildings probably a good one on vi now analyze and observe the whole site for them. and for all we're creating nesting spots and replacement nesting spots it's also an exciting project like. bond with wildlife alone won't be enough to convince the bank has.

sconce classes were very strong on sustainability but that's not the only focus here we also need to look at how to manage the whole thing financially in a way that works and that's where the traditional banking methods come in. all banks work with the money their customers pay in everything that's deposited in current and savings accounts banks lend this money out in the form of loans to businesses public institutions and individuals banks make money by charging interest sustainable banks work in the same way with the difference that they only grant loans to companies and individuals they deem sustainable. mullets fabric seems to meet the criteria at 1st glance but the bank wants to carefully check whether or not the investment will pay off.

in. the brand new grass colored factory is undergoing the same approval process can paper really be made out of try to grasp and is it worth it to find out more stefan moore from the g s l bank is visiting the company's other side a cross between a farm and a train. entrepreneurs do the dead know nick is collaborating here with the university of barnet but he still needs to convince the bank otherwise all the work was for nothing as i've been out here as much as have you i'm here to see how the production process works in the testing type stuff is it something we want to finance on a large scale can it even be implemented on a small scale what does the product look like and how is it made. of how convincing is the customer attitude his desire to make a difference of us a big as we are here i have several mills here on campus this is a cutting mill that will i have in the factory but this one's on the. as i do for

the cutting there will be about 3 metres high i can hide behind that. this is for the huge advantage of making paper out of grass fibers is that we only need around 2 liters of water per ton of raw material as opposed to 6000 liters. making paper out of grass protects resources and it's a convincing argument this event how much will you process to save just as the aim is to produce $25000.00 tons a year. or so with yes $25000.00. in needs alone for the new machines that can process large quantities of grass into pellets otherwise they won't be marketable the grasses 1st cut into find 5 as they all need to be even in length otherwise the paper mills can't use them to then the university of bonn could put a lot of research into ensuring this. he's been in the industry for decades and

knows the paper industry's requirements inside out. because the grass fire has a solo line they have to be pressed into pellets for delivery. is what they are as we put a chopped up material on the top here it's called the 55 so now it's better the rollers and pressed against you know exactly that's what creates the pallets. to the political then go on the paper machine the pellets are different lengths. this is mark the stick on the water that doesn't matter than to the main thing is that the fibers in the pellets are the same length once they're released because that's the most important thing of all and every paper mill in the world could implement this tomorrow on the. lines that we've got so why don't they. is the what soil that not every paper mill is convinced the world needs this product right now

. especially the paper mills that are currently integrated most. of the toilets they work with wood because they have forests. they process the forest directly into politics so store your. stefan is impressed he'll now assess the risks and revenue forecasts of the grass paper to figure out a suitable loan and then i start a company isn't it start of things it would be risky to finance it with just one bank loan we need to spread it out so say we have a loan from g.l.'s bank we can support that with crowd funding from g.l.'s crowd where we raise money from the public. present various projects on our website in a film we show the numbers what's behind it the plan. anyone can then get involved by investing up to 10000 euros in the project as a kind of private loan in this point. with crowdfunding investors lend

directly to the project of their choice mediated by the bank to reduce their own risks if the company goes bankrupt the money is gone if the company is successful there's a lot of income to be made from interest here because this is a great example of how you can make a lot of money from a product that's also doing its bit for the environment you just go for do you have . found will now see whether or not the g.l.'s customers also want to piece of the grass paper company. this event in stuttgart is all about money invest is germany's biggest financial try to fail thomas cushion my style books for the nonprofit environment and human rights organization facing finance for years he's been. analyzing the investment behavior of financial institutions and revealing the dubious companies they invest

their billions in. bank notes released in the year of the best you can see at the investment fair there are a lot of banks that claim to be sustainable you just often told it at some some openly some in art of book or 2 in the some published glossy brochures about how they protect the climate and conserve natural resources. but often if you take a closer look at this these policies never come to fruition we've seen and understood get on course. and. the term sustainable finance carries with it certain requirements there must be no investment in armaments. graphy or child labor positive criteria includes investment in companies that protect the environment appearing to social standards and following the teachings of churches 40 percent of germans can imagine investing their money sustainably.

thomas is also calling for a body that banks could use to inspect their investments so-called ethics councils that would help to side with the money goes. towards the rich to get out in this i wish every investor in bank had an ethics council that they could use to guide them because there are a lot of external specialists sitting on these kinds of councils who could offer their expertise it's a listing done or. it's an all your expertise i'm going on. and . the austrian fund manager kempler farms has had an ethics council for 2 years the lynn space company is a subsidiary of a conventional bank and invest part of its money sustainably according to its own criteria external experts meet regularly including alfred struggle the trained

chemist advises companies on sustainability also in the ethics council 2 nuns and the social ethicist when the fund manager wants to make new investments the council goes through them with a fine tooth comb. that kepler currently invests $16000000000.00 euros a year the investors' money goes into various funds which then invest money into companies around the world $4.00 of the funds are considered to be mostly sustainable at least 51 percent of the money is invested in sustainable companies they account for 1370000000 euros of investments so far. the ethics council deals with large sounds and therefore a lot of responsibility the demand for sustainable investment is growing so what happens to industries that do harm the environment they would have no chance of securing funds from the pure sustainable banks the kepler ethics council however

uses the. best in class principle. together we look at who's the best in the industry to be an automotive technology finance or pharmaceutical business we invest in the best most sustainable knaves is the interview done so we don't rule out entire sectors i'm auditioning for example pharmaceuticals so bush began. in the bush and stead we find out who's highly committed to sustainability in terms of social and ecological sustainability climate protection human rights and so on leaders to these leaders the top players and receive funding there's a middle and bottom companies don't want it is much to. tell us the best in class approach always mean sustainable low technically the aluminum company in austria metar arche are mag could be listed in a sustainable fund even though aluminum production is known to be

a heavy burden on the environment alfred says it's high time we rethought these kinds of industries. if. you are to get there with get old myler now c.e.o. of the company offered has spent 8 years working to make the company more sustainable arm that produces high quality sheet metal used for example in electric motors in a bid to be greener the company now collects scrap metal aluminum and melts it down for re-use. these aluminum blocks wants airplanes and car bodies. but look at it builds up to look at so i can feel numb and such a deep material for the products that we make here on site is around 75 to 80 percent aluminum scrap and from premium. the new producing one ton of primary aluminum takes roughly the same amount of energy that 4 households use in a year in the fall in the book that solar do sing

a ton of secondary aluminum requires only 5 percent of that a 20th and stuff on this is difficult. and sponsor is not seen. melting and reusing aluminum doesn't affect the quality so it's a strategy that's paying off for the company. demanded a status at the end of the day to their prices what matters to a lot of customers is in it and we're seeing a trend that if you offer a sustainable product that's the same quality thing for the same price as then you're more likely to get the contract to become distilled inflation but i mean the beginning of the. progress like this gives alfred confidence that it's worth promoting sustainability even in problematic industries the demand for eco friendly aluminum is growing. to follow max books are full for the next few years it's a have had orders for this special aluminum from various segments like hybrid car

makers who now want to play an aluminum. because they're worried their customers will ask what the metal is and where it came from. if and how banks and other companies change is hugely influenced by the custom is. that. a lot has changed over the last few years it's been in small to fabric they still haven't been granted the 1000000 euros learned they need to carry on the development. of the 2 tree at all spankers still don't know if the offer is attractive enough to lose. new hastens. already compete is in charge of new lettings and tells us about the new expansion plans. given federals of the custom public doesn't so this is the next building we plan to renovate right now we're underneath the old steeping tanks. for

this is where the grain was poured in usually barley it was then left to soak in germinate so. we think we'll leave a couple of them to preserve the charm of the space and so the tenants can see what used to be here. and so we'll see whether the floor space is $300.00 square metres and there are several stories. we have $6500.00 square metres in the whole building so there's a lot of room to play with. that's a fish we're flesh and plots it takes some imagination to pitch offices here but mulch fabric has already managed to rebuild and rent out large sections of the building which is encouraging for the bank has put its ya'll its why this potential is enormous considering the demand on the berlin market these spaces have been credible potential. amandas are very high also for the mixed use that mug spot

being offered. is this projects like this suit the banks philosophy. doesn't cross a river to infinity and the swinish doesn't know how to financing an industrial building like this it isn't something a sustainable bank would normally do we have to think about what effect a building like this would have on the social environment of the people in it also has to be economically and financially sustainable if you can combine these aspects because it's perfect for a sustainable banker cuts but. the dutch bank has rented offices in berlin's quite spare district the 2 bank has a crunching numbers from months 5 break these sums are in the millions money from investors who want to support. projects and make money their employer treadle spank is still quite new in berlin they can't afford to make mistakes florian cos has made a living from his convictions now more to target the cause of global. holes there are so many problems in the world and challenges to solve and everyone can do their

bit whether it's your daily consumption travel your electricity provider or whatever because the thing no one really thinks about is sustainable banking and money has a lot of power inhibitor. around 157000000000 euros are already sustainably invested in germany that's around 3 percent but the trend is growing if her pockets and all of those who are used to germany's consumer association examined the carbon footprint of funds with a one off a $1000.00 euro payment for a year and the result was huge business between the best and the worst funds there was a difference of 800 kilograms of c o 2 as a fever you would produce that driving from the north cape to naples so if you have 10000 euro's or even 100000 that's a huge impact so think what a bank could do with 100000000 order of talking with. some of these millions will go into the months 5 break their loan was approved and the expansion can continue.

the g.l.'s bank gave stephane miller's grass paper the green light to he's been granted a loan at 600000 euros and g.l.'s customers clearly believed in the product too he raised another 600000 euros of private investment through crowd funding in just 12 hours. banks of us deviousness will see that why should i feel a laded when i see how quickly it can work because it gives me reassurance about what we're doing and it's impacting the current market people are really interested and want to be involved in this it's a confirmation for our work. that what we're doing here is right even beyond the question of returns content wise it's exactly what we want to do and it's the right time for this kind of work it's a satisfying feeling to know we're not alone we're part of a crowd a community and it works well with the investments you to stuff it for.

the 1st grouse pellet system in the world can now be built on an industrial scale. known it checks of delivery of machine parts. production is sure to start in 3 months. it does this it's. this is the smaller part here humans or it might look big now but you have to imagine it will be working on cuboid around bales that way 350 kilos wish this stuff that they need to be thoroughly shredded and go to parties and you need to be a bit violent with that source and soon the company will turn $75000.00 barrels into grass pellets every year this could be a big step towards making paper more eco friendly. service for an unschooled office to office referral that it's starting soon the next parties will arrive sometime next week that extend we can slowly but surely start putting it all together it's a great feeling for us from the song book as school to school for phones. there are

plenty of ways we can make the economy more sustainable ethics committees and dedicated bank and customers who ask when it in money goes we all have the power to contribute to more the food costs.

if they're attacked they fight back. it seems a rather unfair fight clamps against them for other data. model what the balls remarkably well. i'll give

a good. tomorrow just 30 minutes to go. it's one of germany's most popular travel destinations games for the city on the danube is experiencing at tourism. that's what attracts is interested this unesco world heritage site our host nicole flourish looks around tries local specialities and is impressed it's going to be and journey for 2000 years of history. in 60 minutes t.w. . told. 1st homes to millions of species a home worth saving. those are big changes and most start with small

steps global ideas tell stories of creative people and innovative projects around the world like to use the term the climate to green energy solutions and reforestation. they create interactive content teaching the next generation about environmental protection and more determined to build something here for the next generation the indios the multimedia environment series on t.w. . closely. listen carefully. simply. to get. discovered. the i.

subscribe to documentary on you tube. play. the lead player. this is the news live from berlin celebrations in the streets of hong kong as a wave. of pro-democracy candidates take seats in local elections 19 of the 1st $100.00 seats declared to go to the pro-democracy camp in a vote widely seen as a parameter of the territory's probation government will have team coverage also coming up top secret documents reveal the chinese government's systematic mass

detention of ethnic most than we gerson a network of prison camps of beijing and says.