Making financial decisions for your company is not just about money but also about the environment. The Banking on Climate Chaos report reveals that since the 2015 Paris Agreement, the world's 60 largest banks have financed fossil fuels with a total of $4.6 trillion. However, there are several movements advocating for banks to divest from climate-intensive investments, and consumers can play a crucial role in driving change.
This action provides advice on how you can exert pressure on your bank to improve its climate credentials or switch to a new bank that aligns with your environmental values. To learn more about sustainable banking and the organizations involved in this effort, check out the following links:
Banktrack (global, includes recommendations for banks in various countries)
Make My Money Matter (UK-specific, but resources on influencing can be used more broadly)
Bank.green (US-specific, but resources on influencing can be used more broadly)
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