At its most basic definition, finance is the act of allocating capital to individuals and businesses that want to make productive use out of it. In short, finance creates social value.
The financial crisis of 2008 is just the latest and most dramatic proof that finance today takes on a wholly different and, some would argue, less socially-conscious meaning. The Center believes we have both an opportunity and obligation to teach, practice and research finance differently.
Sustainable finance is the practice of creating economic and social value through financial models, products and markets that are sustainable over time.
The Center features two unique programs that focus on new models of finance: