How green are your financial providers?
Green Finance
How is your bank using your funds?
Do you know how your bank invests their funds? Without realising it, your choice of financial provider could be having a negative impact on your organisation’s carbon footprint.
Before you open a bank account, it’s worth looking at what sort of industries the provider makes investments with. Are they helping to fund the climate crisis or are they supporting green initiatives and local communities?
Changing bank accounts, particularly when it comes to charitable or club accounts, can be particularly tedious so it’s worth making a green decision from the start.
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Sources of guidance
Bank.Green , Bank Green is an independent 3rd party provider that gives useful information on Banks regarding fossil fuel finance exposure and ESG sustainability ratings.
Overview of Sustainable Finance, European Commission
Review of Green Finance in the UK, National Lottery Heritage Fund