Bank
RSF Social FinanceUnited States
On record
This profile is no longer actively maintained, with the information now possibly out of date
Last update: 2016-10-31 17:15:11
Johan Frijns, BankTrack
On record
This profile is no longer actively maintained, with the information now possibly out of date
Last update: 2016-10-31 17:15:11
Johan Frijns, BankTrack
About
| Website | http://www.rsfsocialfinance.org |
| Headquarters |
1002A O’Reilly Avenue
CA 94129 San Francisco
United States
|
| CEO/chair |
Don Shaffer CEO |
| Supervisor |
|
| Ownership |
|
RSF Social Finance, located in San Francisco, California, is a non-profit financial services organization offering investing, lending, and philanthropic services to individuals and enterprises with a deep commitment to improving the well-being of society and environment. RSF Social Finance is the trade name of Rudolf Steiner Foundation, Inc. and its affiliates
RSF’s mission is to partner with investors, donors, and social enterprises to realize financial transactions that enliven consciousness and enhance quality of life. With clients, RSF cultivates environmental, social and financial sustainability, and provides access to capital for organizations committed to fair practices and improving economic conditions. It was instrumental in introducing microfinance to Citi Private Bank. The company has supported early-stage fair-trade companies unable to access loans from traditional banking sector. The organization upholds transparency in lending: annually, borrowers are sent a list of those who made their loan possible, and lenders are sent the complete list of those to whom loans have been given.
Sustainability
Policies
Voluntary standards
RSF Social Finance upholds the following values which are their guideline for investment decisions. Their operating principles translate these into concrete actions.
Spirit
The primary role of money is to serve the highest intentions of the human spirit.
Trust
People are best served by financial transactions that are direct, transparent, and personal, based on long-term relationships.
Interdependence
Economic success will be defined by social and ecological impact, not by financial results alone.
Community
Networks and associations will be increasingly important in the circulation of money.
Innovation
A deeply entrepreneurial culture is required to generate breakthrough ideas at the intersection of social change and finance.
Equality
All those seeking to align their values with their money will have access to opportunities for investing, lending, and giving.
RSF Social Finance has committed itself to the following voluntary standards:
Dodgy Deals
RSF Social Finance is linked to a number of companies and projects that BankTrack considers controversial (so called Dodgy Deals), e.g. as a current or past financier or through an expression of interest. The profiles below provide more details on the nature of RSF Social Finance's link to these deals.
Projects / Companies
Finance type
Year
Accountability
This page evaluates RSF Social Finance's responses to instances of alleged human rights violations linked to its finance, raised by civil society organisations. It is not intended to be exhaustive, but covers selected impacts raised by BankTrack and other civil society partners since 2016. For the full scoring methodology, see here. For more information about BankTrack's evaluation of bank responses to human rights impacts, see the 2021 report "Actions speak louder: assessing bank responses to human rights violations".
Impacts reviewed
Responded?
Total score
Response
Action
Monitoring
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