A sustainable bank account is possible
- The biggest impact that banks have is from the companies and projects that they provide financial services to.
- Many banks have developed some kind of ethical guidance for their lending and investments but many still provide funding for new fossil fuel projects and companies.
- The “best” in terms of climate change not only prohibit the financing of dirty industries but also help to fund the transition to a fairer, more sustainable economy.
- Ethical consumer magazine’s Climate Change rating gives Triodos Bank as its best buy, and recommended buys as Nationwide, Cumberland Building Society and the Co-operative Bank (including its Smile brand). It also scores app-only banks Monzo and Starling highly.
- Triodos also offer business current accounts and social venture current accounts.