Secours Catholique is committed to fraternal finance by creating Kaori, the first association of responsible and supportive savers created on the initiative of a major charity. A strong conviction fuels the launch of Kaori: invested in ethical supports, savings contribute to transforming society!
|Interview with Veronique Fayetpresident of kaori|
In a few words, how to define Kaori?
Kaori is an association of responsible and supportive savers created by Secours Catholique. It offers citizens responsible savings products that help change the world.
With Kaori, this is the first time that an NGO has become a financial player. Can you explain to us the genesis of this amazing project?
10 years after the financial crisis of 2008, Secours Catholique published a report entitled “La Finance aux Citoyens” which denounced an excessive disconnection between money and the Common Good and analyzed the consequences of such a system: widening of inequalities , increase in poverty, diversion of financial flows to the detriment of the general interest.
It is a tool that we give to citizens so that they can act and transform society through their savings.
Based on this report, we took up our pilgrim’s staff and made proposals. We challenged politicians, business leaders, bankers. But above all, we have launched an appeal to citizens to reclaim the subject of finance, which is too often considered too complex and indecipherable.
Kaori is the fruit of this approach. It is a tool that we give to citizens so that they can act and transform society through their savings, without necessarily becoming financial experts.
Is proposing potentially remunerative financial investments compatible with the values of a charitable association?
I would not only speak of compatibility but of absolute and inevitable consistency. The fraternal revolution is the manifesto of Secours Catholique. And there is no revolution without action and change. Our mission is that of social transformation.
Investments that will support companies committed to the social economy and the fight against climate change.
Since we must direct financial flows towards the Common Good, let’s give ourselves the means to do so by creating investments that will support companies committed to the social economy and the fight against climate change.
Kaori’s vocation is totally aligned with the social doctrine of the church and the values carried by Pope Francis in the encyclical Laudato If. It is about awakening everyone to social and environmental justice.
Precisely, do you think that the Kaori association has the power to mobilize a sufficient number of savers to effect change? Socially responsible investment remains today a sector unknown to the general public…
Kaori is aimed at all those who want their money to work in accordance with their values, from the senior humanist to the thirty-something born with digital technology. No special knowledge is required to invest.
If there is one heritage that deserves to be defended, it is that of generous savers, driven by the deep desire to transform society.
Managed management allows members to delegate the management of their portfolio while choosing the thematic profile of their investments and the level of risk tolerated. But the challenge is not only to mobilize the general public.
We hope that the community of our members will give rise to vocations, encourage the emergence of new projects and make companies aware of the new expectations of savers. Convincing a large number of subscribers is not our only ambition. Through Kaori, it is a fundamental movement, a lasting dynamic that we wish to initiate.
Do Kaori’s high ethical ambitions allow us to hope for real financial gains for the saver?
If there is one heritage that deserves to be defended, it is that of generous savers, driven by the deep desire to transform society. The entire fund selection methodology has been calculated to meet both the objective of financial performance and support for the most virtuous players in the economy. This is how we see solidarity and this is the bet of fraternal finance. A fairer world, for the benefit of all.