You may be unwittingly funding big oil companies with your bank account, credit card, or pension fund. These financial institutions often invest in fossil fuel projects contributing to climate change. You can stop this by switching to green banking options, divesting from oil stocks, and demanding transparency from your money managers.

#BigOil #GreenBanking #Divestment

https://www.fastcompany.com/90949146/youre-probably-funding-big-oil-without-even-knowing-it-heres-how-to-stop?utm_source=flipboard&utm_content=HariTulsidas%2Fmagazine%2FArchetypes

This is really interesting, although best taken with a pinch of salt as money in UK current accounts can't be directly used for investments, so it is most relevant for investment accounts, particularly if you are wealthy

Either way, it's extremely valuable to understand the emissions related to the investment strategy of your bank to decide whether to use them.

P.S. Triodos are great!

#banking #climate #emissions #investing #greenbanking

#Banking for #netzero- #Banks shld act as stewards in reducing #financed #emissions- @Accenture

#CarbonFootprint #responsiblefinance #ESG #Fintech #Finserv #Financing #SDGs #greenbanking #climatechange #regulation #regtech

@helene_wpli @TheAdityaPatro

accenture.com/us-en/insights