Advanced Search
MyIDEAS: Login to save this book or follow this series

Darmstädter Definition nachhaltiger Geldanlagen


Editor Info

  • Hoffmann, Johannes
  • Scherhorn, Gerhard
  • Busch, Timo


Sustainable investments cannot focus on profit maximization alone, they also have to contribute to the future of mankind in terms of ecological and social-cultural challenges. How to apply this definition for financial investments is a broadly discussed topic for asset-managers with regard to the many implications on future developments. Many tend to think that investments are sufficiently sustainable if they comply with the particular ideas the investor has about social, ethical or environmental concerns. To provide a deeper and broader definition about sustainable investments, the project Ethical-Ecological Rating initiated an expert workshop on behalf of the German Forum Sustainable Investments and the Corporate Responsibility Interface Center. The workshop's theme was: Definition and understanding of sustainable investments. Experts from several sectors, banks, investors, and other participants with economic or social background attended the workshop. The result is the Darmstadt Definition of Sustainable Investments. The experts involved intend to clarify the understanding of sustainable investments inorder to provide a more profound and stringent insight for actors in economy, society, politics, and administration. For both, the public and notably the investors, it is demonstrated that sustainable investments are one key for a more sustainable economy. -- Geldanlagen sind nicht schon dann nachhaltig, wenn sie fortlaufend gute Erträge bringen; sie müssen auch in ökologischer und sozial-kultureller Hinsicht zur Zukunftsfähigkeit der Menschheit beitragen. Wann diese Bedingung erfüllt ist, darüber besteht besonders bei den Managern von Anlagefonds Unsicherheit. Verbreitet ist die Neigung, Anlageformen schon dann mit dem Gütezeichen Nachhaltige Geldanlage zu versehen, wenn sie nur in einzelnen Bereichen - sozial, religiös, ökologisch - den Wertvorstellungen der jeweiligen Anleger entsprechen. Um hier Begriffssicherheit zu schaffen, hat die Projektgruppe Ethisch-Ökologisches Rating auf Anregung des Forums Nachhaltige Geldanlagen und des Vereins Ethisch orientierte Investoren (CRIC e.V.) in Darmstadt einen Expertenworkshop zum Thema Begriff und Verständnis nachhaltiger Geldanlagen veranstaltet. In der Expertengruppe haben Vertreter von Unternehmen unterschiedlicher Branchen, von Banken, von Investoren, aus der Wissenschaft und der Zivilgesellschaft mitgewirkt. Das Ergebnis ist die Darmstädter Definition Nachhaltiger Geldanlagen: Nach Meinung aller Experten, die an der Erarbeitung der Darmstädter Definition mitgewirkt haben, soll sie dazu dienen, dem Begriff und Verständnis von Nachhaltigkeit in Wirtschaft, Gesellschaft, Politik und Verwaltung mehr Klarheit und Stringenz zu verschaffen. So kann in der Öffentlichkeit und ganz besonders bei Investoren das Bewusstsein gestärkt werden, dass nachhaltige Geldanlagen ein Schlüssel für die Förderung einer zukunftsfähigen Wirtschaft sind.

Download Info

If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
File URL:
Download Restriction: no

Bibliographic Info

as in new window
This book is provided by Wuppertal Institute for Climate, Environment and Energy in its series Wuppertal Spezial with number 31 and published in 2004.

Volume: 31
Handle: RePEc:zbw:wupspe:31

Contact details of provider:
Web page:

Related research



No references listed on IDEAS
You can help add them by filling out this form.



This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.


Access and download statistics


When requesting a correction, please mention this item's handle: RePEc:zbw:wupspe:31. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (ZBW - German National Library of Economics).

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.