🚨 BREAKING: US Banks Lag on Climate Action 🚨 Follow the link to find out more. 👇 #ClimateChange #Environment #ClimateAction #Banking #Sustainability #PersonalFinance
Bank.Green
Non-profit Organization Management
We're sounding the alarm on the climate-destroying activities of banks. Join the Money Movement: https://bank.green/
About us
The climate crisis is here and your money is likely funding it. Check your bank and discover sustainable options with our simple tools.
- Website
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https://bank.green/
External link for Bank.Green
- Industry
- Non-profit Organization Management
- Company size
- 2-10 employees
- Type
- Nonprofit
Employees at Bank.Green
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Julie Paik
Product Designer at Bank.Green
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Christopher Portway
Software Engineer at Northrop Grumman Corporation
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Andrew Selzer-Wong
Finance and Strategy Expert | Impact and Sustainability Specialist | Climatebase Fellow | MBA & MS Advanced Finance | Forbes 30 Under 30
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Marcos Oliveira
Senior Data Scientist, Ph.D. | Professor | AI & Machine Learning Specialist | NLP | LLM | Deep Learning | Python | SQL | Crafting Innovative Data…
Updates
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🚨 BREAKING: US Banks Lag on Climate Action 🚨 ❌ Our latest investigation into the 90 largest US banks reveals a worrying trend: an alarming 62% of the largest US banks do not disclose whether they are financing fossil fuels. This lack of transparency is a major concern 🚩, as it leaves consumers unaware of whether their money is supporting climate-friendly initiatives or contributing to environmental damage. ⚠️ Without transparency, consumers cannot make informed decisions about where they place their money. In a world facing an urgent climate crisis, knowing if your bank is funding fossil fuel projects or supporting green initiatives is crucial. 📊 Our findings: 🔸 Only 8 US banks, or roughly 9%, have measured the emissions resulting from their financing activities. 🔸 Only 12% of banks have a policy that prohibits lending to certain types of fossil fuels. 🔸 Only 18% of banks offer any kind of green financial product, and most of these banks fall short in overall climate performance. 💡 While many traditional banks lag behind, there are some sustainable banks that provide options for customers who want to align their financial choices with their climate-conscious values. 💪 As customers, we hold significant power. We can demand better by moving our money to banks that are transparent and aligned with our climate values. Together, we can push the financial sector to take responsibility and prioritise the future of our planet over short-term gains. ❓ Want to make a difference? Read our full findings by following the links below and find out how you can take action by choosing a greener bank at bank.green. https://lnkd.in/gajvgg2N https://lnkd.in/gmSH_DTF ⏰ The time to act is now – don’t let your money fuel the climate crisis. #ClimateChange #Environment #ClimateAction #Banking #Sustainability #PersonalFinance
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💰 Is your future being compromised by your investments? Despite the urgent need for climate action, 7,500 institutional investors are still backing fossil fuels with a staggering $4.3 trillion in bonds and shares. Shockingly, over 90% of these funds are fueling new fossil fuel projects. ✊ Don't let your money fund the climate crisis. Share this, stay informed, and demand change now. Discover more at https://lnkd.in/eTHjbQGF
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🚨 According to Still Banking on Coal report, over the last 3 years, more than 600 banks worldwide have pumped $470 billion into the coal industry. Despite the Paris Agreement in 2016 and COP26 in 2021, banks' coal financing in 2023 totalled $136 billion - only 20% less than in 2016. That’s far from the progress needed to meet global climate targets. Why is coal funding still so high? Initiatives like the Net Zero Banking Alliance have delivered little impact so far. ⚠ Regulation is the missing piece.⚠ In Europe, regulations are driving down coal investments, with EU bank financing for coal more than halving since 2016. Meanwhile, anti-ESG policies in the US are keeping coal alive. 📢 It’s time for a regulatory shake-up! We need stronger policies globally to phase out coal and meet climate goals. 🌍🌡️ #StillBankingonCoal #ParisAgreement #ClimateChange #BankGreen
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🌱 What’s your top priority when choosing a bank? Many of you are focused on ethical investment practices, showing that where your money goes really matters. 💸💡 Thinking of making a switch to a more sustainable option? Discover Bank.Green and explore how your banking choices can make a positive impact! 💚 #EthicalBanking #SustainableFinance #BankGreen
🏦 What's your top priority when choosing a bank? Vote in our poll or share your thoughts in the comments below! 💭
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🌱 Ready to make a difference? 🌍 It only takes 10-20% of us to tip the scales toward a greener future! By moving your money to green banks that don't fund fossil fuels, you can be a part of this shift. Explore how small changes in where you bank can lead to big impacts on climate action. Are you ready to be a positive tipping point? #PositiveTippingPoint #GreenBanking #ClimateAction #BankGreen
It’s Time. Be a Positive Tipping Point!
Bank.Green on LinkedIn
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🌍 Debunking time! This week’s myth: “Climate change is a natural process; humans aren’t causing it.” Is this really true? 🤔 Watch the video to discover the facts behind this misconception and the role we all play in shaping our planet's future! 🟢 By switching to a green bank, you can help fund a sustainable future. Be part of the change - visit bank.green today! #climatemythbusting #climateaction #greenbanking #sustainablefuture #BankGreen
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Have you already switched to a greener bank and want to make an even greater impact? Support Bank.Green with a donation and help us to reach more people, and do more research into fossil fuel banking. https://bank.green/donate Your donation will help us raise awareness, provide resources, and foster a global community dedicated to protecting our planet. 🌍
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🌍 Myth-busting time! This week, we're taking on 3 big climate change misconceptions: 🔥 Heatwaves and wildfires aren't linked to climate change 🗺️ China is the main culprit behind climate change 🐻❄️ Animals will naturally adjust to climate change Your financial choices matter! 💚 By switching to a green bank, you can help fund a sustainable future and take real climate action. Visit bank.green today and be part of the change. 👀 Keep an eye out for next week's myths! #ClimateFacts #DebunkingMyths #ClimateAction