d.w. dot com. and we cycle to work by fair trade coffee and news green 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 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. of a day i've known as plan is to make paper out of grass one of the big scale is already works on a small scale and he says it would protect resources but can only meet demand for the new raw 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 idea whether it can help to finance that land is lived. in and see it needs to be fully financed so we're talking about an investment of around 1200000 euros from interest from schools from your. 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 plants to convert grass into pellets and sell them to paper mills the 1st test for mass production was successful creation paper from grass would be a revolution in paper manufacturing. bangash stefan miller 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 known approval. this was this is a box we produce it has to look good too good for the better it looks the more people use it and that's the key really. is that it's also very reusable the thing you know. the softer syria that's the goal the more the consumer uses it the better

the carbon footprint that. doesn't this is the raw material that we sell the paper mills for we've got to make pellets from grass so that's what i'd really like to see her thing is of course you're welcome to see the entire process but let's go take a look. at the surface before he invests in the project stefan wants to see the entire production change from grass to pellets to paper. the german capital berlin is also a hub of innovation what was once europe's biggest multitasks 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 and tenants have moved in now it's time for the next construction phase and for that they need money . already care peters and marlene venus run multivibrator the german for mulch.

house i hope their plans will win over these 2 employees from trade offs bank the prerequisite for a line is a sustainable and holistic concept. 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 and we invest in our tenant you know until i'm. done with a record deal you have co-working actually make sense here because the term is supposed to mean that everything is interlinked the various companies on site network can do business with each other on the phone that's. a law that says it's gotten 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 tenant it wasn't always this way but now we only least are nice people. and that fits the

concept careful and loving i like that. 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. grows in this greenhouse the fertilizer comes from the excrement of fish that are bred these burning grown herds and fish and then sent on a short journey to local supermarkets and restaurants the public pond is fed with filter drain water to save resources. the on site restaurant open provides regional cuisine and using organically grown produce they are now planning to develop another section of the old factory the before any new sustainable companies and startups can move in they need to raise money.

swiss entrepreneur frank simple founded the project he's long been searching for a bank that matches the philosophy of mounts fabric. debunking bad catfish with the traditional banking world is foreign to us and 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 in 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. that's what they stand for and that was very important to us. birds when nesting in the old building when frank discovered as other investors probably would have got rid of them. and 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. on view and now analyze and observe the whole site. we're creating nesting spots and replacement nesting spies it's also an exciting project with a lot of. bad wildlife alone won't be enough to convince the bankers. scums 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 the congress doesn't. move toward an. old banks work with the money the customers pay in everything that's deposited in canton savings accounts banks lend this money out in the form of loans to businesses public institutions and interview

. jewel's banks make money by charging interest sustainable banks work in the same way with the difference that they only grant learns 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 collect factory is undergoing the same approval process can paper really be made out of try to grass and is it worth it to find out more from the g s l bank is visiting the company's other side a cross between a farm and a train the entrepreneur is a dead no nick is collaborating here with the university of bonus but he still needs to convince the bank otherwise all the work was for nothing as you cannot

hear as much as the view i'm here to see how the production process works and the testing times that's what it 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 it is desire to make a difference of us a big as we have here i have several mills here on campus this is a cutting mill that we like to have in the factory but this one's on the. cutting mill will be about 3 metres high i can hide behind that. for the huge advantage of making paper out of grass fibers is that we don't need around 2 liters of water per tonne of raw material as opposed to 6000 liters. making paper out of grass protects resources and it's a convincing argument you could make a much earlier process to suit the stuff the aim is to produce $25000.00 tonnes.

yeah. but for with yes $25.00 i. needs a loan for the new machinist that can process large quantities of grass into pellets otherwise they won't be marketable the grasses 1st cut into fine fibers they all need to be even in length otherwise the paper mills can't use them then the university of bonn had 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 5 is a sideline the have to be pressed into pellets for delivery. this was the us we put the chopped up material in the top tier get schooled by the 5 so now it's spread through the rollers and pressed against you know exactly that's what creates the pallets. to the political polls then go in the paper machine

the pallets are different lengths. this is my district i don't want it doesn't matter who the main thing is that the fibers in the pellets are the same length once they're released that's the most important thing of all and every paper mill in the world could implement this tomorrow comes the marshall islands that so why don't they. get to the stuff but soit not every paper mill is convinced the world needs this product right now to be popular especially the paper mills that are currently integrated mills and the toilets they work with wood because they have forests. they process the forest directly into politics it says. stefan is impressed he'll know assess the risks and revenue for costs of the grass paper to figure out a suitable line and then i start a company isn't it start of days 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 that we could 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 particular. crime. out funding 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 against that is why 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 looking to just go for the value. stefan 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 trade fair 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. their future bank not relisted when you're off their bets you can see it the investment fair there are a lot of banks that claim to be sustainable and you don't see them tight often told you that some some openly some are not of who can't or who in the sun publish glossy brochures about how they protect the climate and conserve natural resources . but offered that if you take a closer look at these policies never come to fruition we've seen and understood on

. the term sustainable finance carries with it certain requirements there must be no investment in armaments. graffiti 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 decide with the money goes. to what they did out in this i wish every investor in bank or 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 with a list and done it and it's not your expertise i think on. the

austrian fund manager kempler funds 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 an ethics council to 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 stones 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 pew a sustainable banks the kepler ethics council however uses the. best in class principle shown us. together we look at who's the best in the industry in the movie to be automotive technology finance or pharmaceutical base we invest in the best most sustainable names is d n b a done so we don't rule out entire sectors too much an example pharmaceuticals so bush began to fall on the bush and stead we find out who's highly committed to

sustainability city i live in terms of social and ecological sustainability climate protection human rights and so on leaders to seize leaders of the top players and receive funding there's a middle and bottom companies don't when it is much. does the best in class approach always mean sustainable low technically the aluminum company in austria metar 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. this. together with gerald miles now c.e.o. of the company after it has spent 8 years working to make the company more sustainable are mad 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 the good it builds up to be installed at the top of your nominated such a feat material for the products that we make here onsite 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 soared to sing a ton of secondary aluminum requires only 5 percent of that a 20th of the same stuff on this as the local 1016 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. the methodist agast at the end of the day are their prices what matters to a lot of customers is intended and we're seeing a trend that if you offer a sustainable product that's the same quality thing for the same price then you're

more likely to get a contract with the qantas to them question 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 they've had orders for this special aluminum from various segments like hybrid car makers who now want to clean 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. there. a lot has changed over the last few years it been in

smelts 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 do a. new hastens. already computers is in charge of new lettings and tells us about the new expansion plans. to give evidence at the cusp of public this is the this is the next building we plan to renovate right now we're underneath the old steeping tanks. for us 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. 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 that's 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. it's why this potential is enormous considering the demand on the berlin market these spaces have been credible potential. amanda's very high also for the mixed use that marks popping offers of this is projects like this suit the banks philosophy. doesn't cross a river to into finance here and the spanish doesn't know how to financing an industrial building like this it isn't something a sustainable bank would normally do but we have to think about what effect a building like this would have on the social environment of the people and it also has to be economically and financially sustainable if you can combine these aspects because it's perfect for a sustainable banker one of the hardest cuts but. the dutch bank has rented offices

in palin's quote spoke district to 2 bankers a crunching numbers from. the sums are in the millions money from investors who want to support says. stain a bill projects and make money their employer treadle spank is still quite new in berlin i can't afford to make mistakes florian cos has made a living from his convictions how much time to cause a global want and also 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 in here but. around 157000000000 euros are already sustainably invested in germany that's around 3 percent but the trend is growing if appropriate interpreters 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 of here you would produce that driving from the north cape to naples so if you have $10000.00 euros or even $100.00 of that's a huge impact so think what a bank could do with $100000000.00 or a spike in with. some of these millions will go into the multi 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 of 600000 euros and g.l.'s customers clearly believed in the product to he raised another 600000 euros of private investment through crowdfunding in just 12 hours. base 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 at the. that what we're doing here is right even beyond the question number turns into 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 investments you to stuff it from. the 1st grouse pellet system in the world can now be built on an industrial scale. checks of delivery of machine parts. production is shuttled to start in 3 months. does its decline this is the smaller part here with humans and it might look big now but you have to imagine it would be working on a cuboid around bales that way 350 kilos which just stuff that they need to be

thoroughly shredded and go to parties and also you need to be a bit violent with that source and soon the company will turn $75000.00 barrels into grass pellets here every year this could be a big step towards making paper more eco friendly. service for an unschooled office to office were thrilled 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 sun look as good school to school for florence. there are plenty of ways we can make the economy most sustainable ethics committees and dedicated bank customers who ask way again money and guns we all have the power to contribute to more the concourse.

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