ETHIBEL

ETHIBEL was set up in 1992 when the two sources of inspirations came together. The original inspiration to set up ETHIBEL came from NGOs that are active in the field of alternative financing, environment, the peace movement, the third world and other areas of social action. The actual establishment was realised thruogh the plan by a stock broker who wished to create a socially responsible investment fund and the need to create an independent, and specialised screening organisation to give advice.
Nowadays, ETHIBEL fulfills the role of an intermediary advisor for the financial and the corporate world. The persons and organisations sitting on ETHIBEL’s Board of Directors are specialised in various aspects of sustainable development representing stakeholders groups in various ways (trade unions, environment, peace and third world movements, NGOs active in social-ethical financing, etc.) while ETHIBEL’s customers are mainly active in the financial world. Input from both sides is essential for the continuous improvement of criteria and methodology behind the ETHIBEL quality label.