Banks use your deposits to loan money to fossil-fuel, emissions-heavy firms
1–6 of 6 posts
Re: Banks use your deposits to loan money to fossil-fuel, emissions-heavy firms
#2here in the USA, I believe that this mass-appeal effort to switch banks can be very effective
Re: Banks use your deposits to loan money to fossil-fuel, emissions-heavy firms
#3An opportunity for Bank Rank to classify by climate impact?
Re: Banks use your deposits to loan money to fossil-fuel, emissions-heavy firms
#4Is this really news?
Banks have been investing money held for decades, at least in the US.
A nothing-burger for a slow news week? Perhaps an opportunity for "ethically sourced" interest payments?
Re: Banks use your deposits to loan money to fossil-fuel, emissions-heavy firms
#5[dead]
Re: Banks use your deposits to loan money to fossil-fuel, emissions-heavy firms
#6Investments are made wherever there are the highest returns. If you want banks to change investment strategies, then develop the industries where you want them to reroute. It's the business of money. Whatever does best will always demand the most capital.