The
The Verein für Umweltmanagement und Nachhaltigkeit in Finanzinstituten e.V. (VfU) is a network of Sustainable Finance Professionals that has existed since 1995, consisting of over 60 financial companies, including banks, insurance companies, asset management companies, and relevant associations.
The central concern of the VfU is the promotion and dissemination of "Sustainable Finance," defined in accordance with the UN Environment Programme (UNEP) as a comprehensive approach to managing the economic, social, and environmental dimensions of financial business. The goal is to enable substantial progress towards sustainable development[3].
Thus, the VfU is a central platform for promoting sustainable financial practices and supporting financial institutions in integrating sustainability into their business models. Through its comprehensive activities and initiatives, the VfU makes an important contribution to shaping a more sustainable financial system.