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Pax-Bank
Pax-Bank eG is a German bank that focuses on Christian finance headquartered in Cologne. The bank states that is a german: Bank für Kirche und Caritas (Bank for the Church and Charities), a cooperative Catholic universal bank. Its members consist of institutions of the Catholic Church and private individuals from the clerical field. The bank was founded as self-help organization by and for priests in 1917 in Cologne. The bank was founded as a ''Pax Spar- und Darlehnskasse eGmbH'' as a self-help organization of priests for priests on October 18, 1917 in Cologne. Its forerunner organization was the 1905 founded ''Pax Vereinigung katholischer Kleriker'' from Cologne, in which priests supported each other. Together with the ''Bank für Kirche und Caritas eG'' Paderborn, the ''DKM Darlehenskasse Münster'' and the '' Bank im Bistum Essen'' it is one of the four catholic banks in North Rhine-Westphalia. The banks clients mainly consists of Dioceses, religious orders, church congrega ...
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Christian Finance
Christian finance is a kind of ethical finance following Christian ethics. Although not widely used, the notion of "Christian finance" or "Catholic finance" refers to banking and financial activities which came into existence several centuries ago. Whether the activities of the Knights Templar (12th century), Mounts of Piety (appeared in 1462) or the Apostolic Chamber attached directly to the Vatican, a number of operations of a banking nature (money loan, guarantee) or a financial nature (issuance of securities, investments) is proved, despite the prohibition of usury and the Church distrust against exchange activities (opposed to production activities). Christian finance is characterized by the existence of three dimensions: personal (actors), operational (operations), and dogmatic (principles). General description Actors In modern times, if the Catholic clerical finance continues to be on center stage through the Vatican Bank (IOR), many Catholic lay financial players also ...
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Bank Im Bistum Essen
The Bank im Bistum Essen eG (BIB) is a cooperative bank which was founded in 1966. The bank is located in Essen and is focused on a specifically defined clientele. These include the Catholic Church and its institutions. Its members are business clients like hospitals, foundations, church-related housing construction, homes for disabled people, retirement homes and other institutions of provision – as well as a number of private customers: staff members of the institutions mentioned above. By now people who do not work for the church can also become customers as well as atheists or people of other religions. Due to the bank's ethic sustainability orientation, numerous customers from the charitable-foundations-field have joined the bank in recent years. Companies that are solely profit oriented are, according to the bank, not part of the bank's customer base. The BIB is as well as the ''Bank für Kirche und Caritas eG'' in Paderborn, the ''DKM Darlehnskasse Münster'' and the Pax-B ...
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Cooperative
A cooperative (also known as co-operative, co-op, or coop) is "an autonomous association of persons united voluntarily to meet their common economic, social and cultural needs and aspirations through a jointly owned and democratically-controlled enterprise".Statement on the Cooperative Identity.
'' International Cooperative Alliance.''
Cooperatives are democratically controlled by their members, with each member having one vote in electing the board of directors. Cooperatives may include: * es owned and managed by the people who cons ...
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Christians
Christians () are people who follow or adhere to Christianity, a monotheistic Abrahamic religion based on the life and teachings of Jesus Christ. The words ''Christ'' and ''Christian'' derive from the Koine Greek title ''Christós'' (Χριστός), a translation of the Biblical Hebrew term '' mashiach'' (מָשִׁיחַ) (usually rendered as ''messiah'' in English). While there are diverse interpretations of Christianity which sometimes conflict, they are united in believing that Jesus has a unique significance. The term ''Christian'' used as an adjective is descriptive of anything associated with Christianity or Christian churches, or in a proverbial sense "all that is noble, and good, and Christ-like." It does not have a meaning of 'of Christ' or 'related or pertaining to Christ'. According to a 2011 Pew Research Center survey, there were 2.2 billion Christians around the world in 2010, up from about 600 million in 1910. Today, about 37% of all Christians live in the A ...
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Mainz
Mainz () is the capital and largest city of Rhineland-Palatinate, Germany. Mainz is on the left bank of the Rhine, opposite to the place that the Main joins the Rhine. Downstream of the confluence, the Rhine flows to the north-west, with Mainz on the left bank, and Wiesbaden, the capital of the neighbouring state Hesse, on the right bank. Mainz is an independent city with a population of 218,578 (as of 2019) and forms part of the Frankfurt Rhine-Main Metropolitan Region. Mainz was founded by the Romans in the 1st century BC as a military fortress on the northernmost frontier of the empire and provincial capital of Germania Superior. Mainz became an important city in the 8th century AD as part of the Holy Roman Empire, capital of the Electorate of Mainz and seat of the Archbishop-Elector of Mainz, the Primate of Germany. Mainz is famous as the birthplace of Johannes Gutenberg, the inventor of a movable-type printing press, who in the early 1450s manufactured his first ...
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Essen
Essen (; Latin: ''Assindia'') is the central and, after Dortmund, second-largest city of the Ruhr, the largest urban area in Germany. Its population of makes it the fourth-largest city of North Rhine-Westphalia after Cologne, Düsseldorf and Dortmund, as well as the ninth-largest city of Germany. Essen lies in the larger Rhine-Ruhr Metropolitan Region and is part of the cultural area of Rhineland. Because of its central location in the Ruhr, Essen is often regarded as the Ruhr's "secret capital". Two rivers flow through the city: in the north, the Emscher, the Ruhr area's central river, and in the south, the Ruhr River, which is dammed in Essen to form the Lake Baldeney (''Baldeneysee'') and Lake Kettwig (''Kettwiger See'') reservoirs. The central and northern boroughs of Essen historically belong to the Low German ( Westphalian) language area, and the south of the city to the Low Franconian (Bergish) area (closely related to Dutch). Essen is seat to several of the re ...
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Erfurt
Erfurt () is the capital and largest city in the Central German state of Thuringia. It is located in the wide valley of the Gera river (progression: ), in the southern part of the Thuringian Basin, north of the Thuringian Forest. It sits in the middle of an almost straight line of cities consisting of the six largest Thuringian cities forming the central metropolitan corridor of the state, the "Thuringian City Chain" ('' Thüringer Städtekette'') with more than 500,000 inhabitants, stretching from Eisenach in the west, via Gotha, Erfurt, Weimar and Jena, to Gera in the east. Erfurt and the city of Göttingen in southern Lower Saxony are the two cities with more than 100,000 inhabitants closest to the geographic center of Germany. Erfurt is located south-west of Leipzig, north-east of Frankfurt, south-west of Berlin and north of Munich. Erfurt's old town is one of the best preserved medieval city centres in Germany. Tourist attractions include the Merchants' Bridge ...
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Berlin
Berlin is Capital of Germany, the capital and largest city of Germany, both by area and List of cities in Germany by population, by population. Its more than 3.85 million inhabitants make it the European Union's List of cities in the European Union by population within city limits, most populous city, as measured by population within city limits having gained this status after the United Kingdom's, and thus London's, Brexit, departure from the European Union. Simultaneously, the city is one of the states of Germany, and is the List of German states by area, third smallest state in the country in terms of area. Berlin is surrounded by the state of Brandenburg, and Brandenburg's capital Potsdam is nearby. The urban area of Berlin has a population of over 4.5 million and is therefore the most populous urban area in Germany. The Berlin/Brandenburg Metropolitan Region, Berlin-Brandenburg capital region has around 6.2 million inhabitants and is Germany's second-largest metropolitan reg ...
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Aachen
Aachen ( ; ; Aachen dialect: ''Oche'' ; French and traditional English: Aix-la-Chapelle; or ''Aquisgranum''; nl, Aken ; Polish: Akwizgran) is, with around 249,000 inhabitants, the 13th-largest city in North Rhine-Westphalia, and the 28th-largest city of Germany. It is the westernmost city in Germany, and borders Belgium and the Netherlands to the west, the triborder area. It is located between Maastricht (NL) and Liège (BE) in the west, and Bonn and Cologne in the east. The Wurm River flows through the city, and together with Mönchengladbach, Aachen is the only larger German city in the drainage basin of the Meuse. Aachen is the seat of the City Region Aachen (german: link=yes, Städteregion Aachen). Aachen developed from a Roman settlement and (bath complex), subsequently becoming the preferred medieval Imperial residence of Emperor Charlemagne of the Frankish Empire, and, from 936 to 1531, the place where 31 Holy Roman Emperors were crowned Kings of the ...
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Sustainability
Specific definitions of sustainability are difficult to agree on and have varied in the literature and over time. The concept of sustainability can be used to guide decisions at the global, national, and individual levels (e.g. sustainable living). Sustainability is commonly described as having three dimensions (also called pillars): environmental, economic, and social. Many publications state that the environmental dimension (also called " planetary integrity" or "ecological integrity") is the most important, and, in everyday usage, "sustainability" is often focused on countering major environmental problems, such as climate change, loss of biodiversity, loss of ecosystem services, land degradation, and air and water pollution. Humanity is now exceeding several " planetary boundaries". A closely related concept is that of sustainable development, and the terms are often used synonymously. However, UNESCO distinguishes the two thus: "''Sustainability'' is often thought of ...
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Ethics
Ethics or moral philosophy is a branch of philosophy that "involves systematizing, defending, and recommending concepts of right and wrong behavior".''Internet Encyclopedia of Philosophy'' The field of ethics, along with aesthetics, concerns matters of value; these fields comprise the branch of philosophy called axiology. Ethics seeks to resolve questions of human morality by defining concepts such as good and evil, right and wrong, virtue and vice, justice and crime. As a field of intellectual inquiry, moral philosophy is related to the fields of moral psychology, descriptive ethics, and value theory. Three major areas of study within ethics recognized today are: # Meta-ethics, concerning the theoretical meaning and reference of moral propositions, and how their truth values (if any) can be determined; # Normative ethics, concerning the practical means of determining a moral course of action; # Applied ethics, concerning what a person is obligated (or permitted) ...
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Asset Management
Asset management is a systematic approach to the governance and realization of value from the things that a group or entity is responsible for, over their whole life cycles. It may apply both to tangible assets (physical objects such as buildings or equipment) and to intangible assets (such as human capital, intellectual property, goodwill or financial assets). Asset management is a systematic process of developing, operating, maintaining, upgrading, and disposing of assets in the most cost-effective manner (including all costs, risks, and performance attributes). The term is commonly used in the financial sector to describe people and companies who manage investments on behalf of others. Those include, for example, investment managers that manage the assets of a pension fund. It is also increasingly used in both the business world and public infrastructure sectors to ensure a coordinated approach to the optimization of costs, risks, service/performance, and sustainability. ...
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