Value-Based Banks (social banks)
Banks and banking cooperatives with a shared mission to
use finance to deliver sustainable economic, social and environmental development.
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Values
Values in SSE are referring to an ethical horizon in beliefs and behaviours developed
and discussed by stakeholders, in each organisation. The definition of those values are usually
informed and referenced to a set of national and international texts and conventions expressing
Human rights, social justice and peace principles, as well as shared human progress perspective:
the Universal Declaration of Human Rights (1948), the International Covenant on Economic,
Social and Cultural Rights (1966), International Labour Organisation Founding Declaration
(known as the Declaration of Philadelphia concerning the aims and purposes of the ILO, 1944),
etc.. Those values are interpreted and transposed in practices through organisational principles
and statutory statements, rules and regulations, for instance: participative decision making,
dignity and equality guarantees (social protection, the right to choose one’s occupation and
built a chosen career, to evolve in it, to have actual access to long life professional training, etc.);
empowerment processes (“popular education”, professional training, genders equality
guarantees, etc.). As a matter of example, at a network level, RIPESS Europe members gathered
in its charter values such as: Humanism, Democracy, Solidarity, Inclusiveness, Subsidiarity,
Diversity, Creativity, Sustainable development, Equality, Equity and justice for all, respecting the
integration of countries and people, A plural and solidarity-based economy. (Source: CHARTER
OF RIPESS, approved by the Board of Directors of RIPESS in Montevideo, October 20, 2008.).
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