Joakim Sandberg

Current Activities:

Leading a research program on the Philosophy of Responsible Finance. The aim is to develop a theory of the division of labour in society which stakes out a more sustainable role for financial agents and markets. The program will also evaluate some of the currently proposed measures for making the financial system more socially responsible, such as changing the bonus system for financial executives, legislation on robotic trade in securities, and a global tax on financial transactions.


Joakim Sandberg is Wallenberg Academy Fellow and Associate Professor of Practical Philosophy at University of Gothenburg. He is also Research Manager at the Mistra Center for Sustainable Markets at Stockholm School of Economics, and Associate researcher at the Centre for European Research in Microfinance at Solvay Brussels School of Economics and Management.

Joakim has a broad background in both philosophy and business studies. He holds a B.Sc. in business and economics (2003) and a Ph.D. in philosophy (2008). His doctoral dissertation has been called the first in-depth study of the concept of socially responsible investment. Since then, he has done celebrated work on the concept of fiduciary duty. Joakim is co-editor of the Cambridge Handbook of Institutional Investment and Fiduciary Duty (2014) which includes contributions from dozens of highly regarded academics and professionals plus a foreword from Al Gore.

Joakim is co-chair of the SFM Working Group on Taxation and Investing. He also runs a blog about Finance and Philosophy.


1. To what extent are institutional investors’ obligations toward their beneficiaries (their fiduciary duties) impediments to their effective engagement in sustainable investment? And what can be done about it.

2. Is microfinance an ethically recommendable way of fighting global poverty? And can it be a way for commercial banks to ethically redeem themselves after the financial crisis?

3. Is the financial transaction tax (FTT) a sound way of promoting greater sustainability in the financial sector?

Email: joakim.sandberg [at]