International Association of Investors in the Social Economy
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Organisation profile

Country: 
Belgium
Representative: 
Mr. Hugo Wanner
Type of Organisation: 
Non-Profit
Website: 
http://www.fairfin.be/en
Membership: 
Associate

FAIRFIN vzw

The NGO FairFin promotes an environmentally and socially responsible approach to money, and strives for a just society.

Our campaigns show banks that they have to take responsibility for their investments. Banks invest in all kinds of activities, including weapons, military dictatorships, and companies that abuse human rights or pollute the environment. Banks use our savings and the money that we invest in them to make these investments. Netwerk makes the customers of banks aware of this, and asks banks to lay their cards on the table and stop unethical investments.

FairFin informs and gives advice on ways of using money that benefit people, society, and the environment. Concretely, this means sustainable savings accounts, and investments in sustainable projects such as renewable energy and fair trade. As well as approaching individuals and organizations, FairFin also makes proposals for how the government can invest responsibly.

FairFin is active at the international level as part of BankTrack. FairFin is also a member of the International Association of Investors in the Social Economy (INAISE)Cluster Munition Coalition (CMC) and International Coalition For A Ban on Uranium Weapon (ICBUW).

Within Belgium, FairFin is a member of the Vlaams Overleg Duurzame Ontwikkeling (VODO)

FairFin is a nonprofit organisation (with the legal form 'vzw' under Belgian law). The income of FairFin is made up in the following way:

  • Government subsidies: 59%
  • Commission from financial institutions: 25%
  • Gifts: 7%
  • Own income: 9%