Are ways to invest money conscientiously and Stefan Miller knows all about them hes a banker and deals with sustainability for 15 years hes been advising customers and deciding whos 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 ive learned what am i leaving behind for my children. Stefan switch to g. L. s germanys oldest Sustainable Bank it does things a little differently to other banks it funds ecological projects and doesnt 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 were 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 were 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 its 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 thats the key really. Is that its also a very reusable thing you know. Its off to syria thats 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 thats what id really like to see is of course youre welcome to see the entire process lets 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 europes 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 its 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 im. Going to give coworking 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 thats 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 theyre 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 hes 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 its a Financial Partner that also contributes towards social value and sustainability now thats 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 theyd 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 were creating nesting spots and replacement nesting spots its also an exciting project like. Bond with wildlife alone wont be enough to convince the bank has. Sconce classes were very strong on sustainability but thats not the only focus here we also need to look at how to manage the whole thing financially in a way that works and thats where the traditional banking methods come in. All banks work with the money their customers pay in everything thats 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 companys 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 ive been out here as much as have you im 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 ones 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 its 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 wont be marketable the grasses 1st cut into find 5 as they all need to be even in length otherwise the paper mills cant use them to then the university of bonn could put a lot of research into ensuring this. Hes been in the industry for decades and knows the paper industrys 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 its called the 55 so now its better the rollers and pressed against you know exactly thats 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 doesnt matter than to the main thing is that the fibers in the pellets are the same length once theyre released because thats the most important thing of all and every paper mill in the world could implement this tomorrow on the. Lines that weve got so why dont 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 hell now assess the risks and revenue forecasts of the grass paper to figure out a suitable loan and then i start a company isnt 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 whats 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 theres 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 thats 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 germanys biggest financial try to fail thomas cushion my style books for the nonprofit environment and Human Rights Organization facing finance for years hes 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 weve 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 socalled 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 its a listing done or. Its an all your expertise im 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 whos 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 dont rule out entire sectors im auditioning for example pharmaceuticals so bush began. In the bush and stead we find out whos 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 theres a middle and bottom companies dont 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 its 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 reuse. 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 doesnt affect the quality so its a strategy thats 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 were seeing a trend that if you offer a sustainable product thats the same quality thing for the same price as then youre more likely to get the contract to become distilled inflation but i mean the beginning of the. Progress like this gives alfred confidence that its 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 its a have had orders for this special aluminum from various segments like hybrid car makers who now want to play an aluminum. Because theyre 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 its been in small to fabric they still havent been granted the 1000000 euros learned they need to carry on the development. Of the 2 tree at all spankers still dont 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 doesnt so this is the next building we plan to renovate right now were 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 well 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 well 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 theres a lot of room to play with. Thats a fish were 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 yall 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. Doesnt cross a river to infinity and the swinish doesnt know how to financing an industrial building like this it isnt 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 its perfect for a Sustainable Banker cuts but. The dutch bank has rented offices in berlins 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 cant 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 its 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 thats around 3 percent but the trend is growing if her pockets and all of those who are used to germanys 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 euros or even 100000 thats 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 millers grass paper the green light to hes 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 were doing and its impacting the current market people are really interested and want to be involved in this its a confirmation for our work. That what were doing here is right even beyond the question of returns content wise its exactly what we want to do and its the right time for this kind of work its a satisfying feeling to know were not alone were 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 its. 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 its starting soon the next parties will arrive sometime next week that extend we can slowly but surely start putting it all together its 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 theyre attacked they fight back. It seems a rather unfair fight clamps against them for other data. Model what the balls remarkably well. Ill give a good. Tomorrow just 30 minutes to go. Its one of germanys most popular travel destinations games for the city on the danube is experiencing at tourism. Thats what attracts is interested this unesco World Heritage site our host nicole flourish looks around tries local specialities and is impressed its 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 prodemocracy candidates take seats in local elections 19 of the 1st 100. 00 seats declared to go to the prodemocracy camp in a vote widely seen as a parameter of the territorys probation government will have Team Coverage also coming up top secret documents reveal the chinese governments systematic mass detention of ethnic most than we gerson a network of prison camps of beijing and says
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