2019
DOI: 10.1108/s0733-558x20190000063015
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Ethical Banks between Moral Self-commitment and Economic Expansion

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Cited by 13 publications
(11 citation statements)
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References 23 publications
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“…In such attempts to combine economy and ecology, however, there is always the danger that this will be at the expense of ecology: if more and more banks, investors and rating agencies specify what sustainability means, it threatens to erode its principles (cf. Lenz and Neckel, 2019). The insight that this promotes social divisions – First World vs.…”
Section: Trajectories Of Sustainability and Their Structures Practices And Imaginariesmentioning
confidence: 99%
“…In such attempts to combine economy and ecology, however, there is always the danger that this will be at the expense of ecology: if more and more banks, investors and rating agencies specify what sustainability means, it threatens to erode its principles (cf. Lenz and Neckel, 2019). The insight that this promotes social divisions – First World vs.…”
Section: Trajectories Of Sustainability and Their Structures Practices And Imaginariesmentioning
confidence: 99%
“…The three-pillar model, where ecology is equated with the economy and the social, consolidates this idea (Brand, 2011: 61). However, equating economy, ecology and social issues could lead to the following result: only the aspects that are economically profitable are considered sustainable (Lenz and Neckel, 2019). Strong sustainability, conversely, goes beyond the original normative framework of ecological protection measures and resource conservation and instead refers to the need to correct current economic and political growth dynamics as the only solution (Görgen and Wendt, 2015: 6; Ott and Döring, 2008: 320ff; Sarkar, 2001).…”
Section: Futures Of Sustainability and Digitalizationmentioning
confidence: 99%
“…Sustainability is becoming an essential criterion of economic and corporate efficiency and competitiveness, which is even anchored in the emotional culture or ‘emotionologies’ (Fineman, 2002; Wright and Nyberg, 2012) of business enterprises. At the macro level and in organizational settings, this is reflected in concepts such as ‘green capitalism’ (Mol et al, 2016), ‘ecocapitalsm’ (Hawken et al, 1999) or ‘ethical finance’ (Lenz, 2018; Lenz and Neckel, 2019) that place sustainability at the heart of the renewal of capitalist economies and merely serve to adapt to changing conditions, such as climate change.…”
Section: Futures Of Sustainability and Digitalizationmentioning
confidence: 99%
“…Diese Risiken sind wesentlich darin begründet, dass die Gesellschaften der Gegenwart mit der Vernutzung für sie grundlegender Ressourcen konfrontiert sind -seien es die natürlichen Ressourcen des Ökosystems, die ökonomischen Ressourcen gesellschaftlichen Wohlstands, die sozialen Ressourcen von Sorge, Fürsorge und Solidarität oder die subjektiven Ressourcen von beruflicher Leistungsfähigkeit und privater Lebensführung (vgl. Neckel/Wagner 2013;Neckel et al 2017), die heute bisweilen nicht weniger erschöpft zu sein scheinen als die ökologischen Vorräte des Planeten.…”
Section: Sighard Neckelunclassified
“…Zum einen mehren sich die Hinweise, dass durch die steigende Nachfrage nach zwar nachhaltigen, aber zugleich profitablen Investitionen Anreize geschaffen werden, die Kriterien von Nachhaltigkeit aufzuweichen und den Präferenzen von Investoren anzupassen (vgl. Lenz/Neckel 2017). Zudem kann auch in anderen Bereichen festgestellt werden, dass konventionelle Bewertungspraktiken zunehmend Annahmen von finanzialisierten Methoden übernehmen, etwa beim Kreditrating (Besedovsky 2015).…”
Section: Nachhaltigkeit: Der Neue Geist Des Grünen Kapitalismusunclassified