Futures Institute launches Compassion in Financial Services Hub

Edinburgh Futures Institute has announced the launch of the Compassion in Financial Services Hub.

The Compassion in Financial Services Hub aims to bring together the financial services industry, policymakers, academia, communities, and civil society with the aim of creating a more inclusive, sustainable, and compassionate financial system.

The hub seeks to explore pathways to operationalise the concept of compassion in financial services to address systemic challenges, while unlocking new opportunities for innovation and long-term success.

By integrating compassion within our financial systems, the Hub aims to help the sector and companies meet their ethical and long-term business goals while contributing to a more just, sustainable, and inclusive economy.

Katherine Trebeck, Co-Director, Compassion in Financial Services Hub and Edinburgh Futures Institute’s Writer-At-Large, said: “The financial sector is one of the most influential sectors in the economy – it can shape outcomes in a way that few other industries can. So whether decisions are taken with compassion at their heart or from a narrow pursuit of more, matters to all our futures. Creatively working with colleagues in the sector to experiment with ways to weave compassion into the sector’s goals and ways of working therefore has transformative potential.”

Evelyn Partners announce philanthropic support

Alongside the launch of the hub, it was also announced Evelyn Partners, one the largest UK wealth managers, would be the Founding Partner of the Hub.

As a leading UK-based wealth management firm, Evelyn Partners is committed to help individuals and businesses achieve their financial goals through expert advice and innovative solutions.

Evelyn Partners’ philanthropic support will allow the Compassion in Financial Services Hub to conduct foundational research, establish compassionate networks across stakeholder groups, and to organise outreach activities.

In addition to their philanthropic support, Evelyn Partners will also actively engage with the Edinburgh Futures Institute by collaborating on student-led projects and taking up dedicated desk space in the FinTech Ward co-location space.

Tobi Schneider, Co-Director, Compassion in Financial Services Hub and Sector Engagement Lead, Edinburgh Futures Institute, said: “We welcome Evelyn Partners as an early-stage Founding Partner of the Compassion in Financial Services Hub. This partnership will allow us to build initial capacity in the Hub and to develop a roadmap of activities. It also reflects a shared vision for sustainable system change by fostering practices that prioritise societal wellbeing, inclusivity, and sustainability. We are grateful for the support and look forward to working with Evelyn Partners to drive meaningful change in the financial services industry.”