Banking (Literally) on Climate Solutions
Banking on Climate Solutions with Your Deposits
Are your deposits fueling climate change? Learn the shocking truth: major banks like Chase and Citi use customer money to finance fossil fuel projects. The solution lies in banking on climate solutions with your deposits by choosing a climate-friendly institution that uses your funds exclusively to support renewable energy and green initiatives.
When you put your money in the bank, it isn’t just sitting idly waiting for you to use it. The bank can use up to 90% of the money in your account to provide loans to companies across the economy.
If you bank with Citi, Chase, Wells Fargo, or Bank of America―the world’s four largest funders of fossil fuels―they are using a percentage of that money to finance new coal mines, oil pipelines, and the massive build-out of liquefied natural gas (LNG).
Choose a climate friendly bank that will do with your dollars instead. Read this article to learn more.