Using our hard-earned cash for good is a priority for many of us.
Yet you could be worried about climate change but inadvertently funding the fossil fuel industry thanks to your bank’s business interests. Sadly, the ninth annual fossil fuel finance report card shows how big banks continue to fund the climate crisis. Many big banks ramped up their fossil fuel financing to $115 billion in 2017.
If you care about the environment you might want to research the eco-values of your local Credit Union or move to a socially conscious bank such as Aspiration, who will also ensure your money is not used to fund fossil fuels or oil pipelines.
Taking responsibility for where your money is headed could also be as simple as researching your investments and retirement plans on fossilfreefunds.org, a website which highlights those being used for fossil fuels. Likewise, deforestationfreefunds.org will reveal hidden investments in palm oil.
Are your finances fossil fuel free?
