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Facing Finance e.V. is a non-profit organization based in Berlin, founded in 2013. The organization advocates for a socially and ecologically responsible management of financial resources.
The main goal of Facing Finance e.V. is to ensure that banks and investors no longer provide money and capital to companies that benefit from human rights violations, environmental destruction, corruption, or the production of illegal weapons. The organization calls on investors, financial service providers, and bank and insurance customers to consider ethical criteria in their investment and financing decisions[2][4].
Facing Finance e.V. is active in numerous global civil society initiatives, including:
The organization has its roots in the Campaign to Ban Landmines and the Cluster Munition Coalition, which have successfully advocated for international treaties against landmines and cluster munitions. Facing Finance e.V. is also a member of the International Campaign to Abolish Nuclear Weapons (ICAN), which received the Nobel Peace Prize in 2017[2].
The main sources of funding for Facing Finance e.V. are private, non-profit foundations, public funds for the projects carried out, and private individual donations. The organization is independent of companies, banks, other financial institutions, political parties, and religious organizations[2].