BiographyIn my working life as a banker, I am the architect, initiator and sales director of the Sustainability Linked Loan. This product couples the interest rate on a loan for general corporate purposes to the client’s year-on-year sustainability performance improvement. Such improvement to be measured by an ESG rating agency or through an audited set of material sustainability key performance indicators (KPIs).
The first ever syndicated EUR 1 billion Revolving Credit Facility for Royal Philips NV won the GlobalCapital award for the Green/SRI Loan of 2017.
Areas of Research / Professional Expertise
Fueled by many corporate scandals at the start of the 21st century, I felt the need to start a more reflective process in addition to the pragmatic reality of the organizations I worked for. During my studies in philosophy, I specialized in topics such as: managerial integrity, responsible banking, and the necessity of communicative action in organisational change processes. The research question of my MA thesis was: can the political requirement for a sustainable society be based on an account of the rights of future generations?
My MA thesis formed the kick-off for the PhD project that I started in 2011. I was intrigued by the observation that people in the affluent countries are hampered in their motivation to act sustainably, whereas they accept the outcomes of climate science and agree to the ethical requirement to change one's non-sustainable behaviour. The motivation problem for taking sustainable action comes to expression in the phrase: Eating less meat, but what's in it for me?
Since the age of seven, I am an enthousiast violin player. Having received a 'classical' education, since my days as a student in Utrecht, I play Hungarian gypsy music together with friends. I consider this music to be an integral part of Europe's immaterial cultural heritage that we must preserve for the future.
Published: Jun 01, 2018 by NRC (in Dutch)
Authors: Roland Mees
Many people in the affluent countries agree that they should do something themselves about climate change. However, if when it comes to taking action as an individual, they seem to be blocked. Why does this happen?
Published: May 30, 2018 by Trouw (in Dutch)
Authors: Koos Schwartz
Subjects: Business, Management and Accounting, Environment and Sustainability
If DSM achieves or exceeds certain sustainability objectives, the group will receive a discount on the interest. If it does not achieve those goals, it must pay extra interest. ING is one of the fifteen banks that granted the special credit.