Eco-friendly, Conscious Banks for West Coast Friends
Photo by: Anna Shvets, Pixels
Although many of us spend significant amount of time trying to reduce our personal environmental footprint, we may not realize how much our personal banking actually contributes to our impact on the planet. Many banks and credit cards invest in fossil fuels, oil drilling, pipelines, and coal mines. I’ve spent the past few months researching and slowly transitioning away from banks that do not align with my values. In the process, I found a few national banks and credit cards that I feel comfortable partnering with, so I thought I’d share my findings. Feel free to share anything else in the comments that I might be missing!
Personal Checking, Savings, Responsible Investing
Certified B Corp, 1% for the Planet
100% committed to Clean Money — do not invest in fossil fuels, so your money won’t go towards projects like pipelines, oil drilling, and coal mines
Plant your Change — round up your purchases and donate to reforestation projects
Conscious Coalition Money Back — obtain money back on socially conscious spending and automatically offsets purchases of gasoline
Save in fees — no hidden fees, you pay what you believe is fair per month
Personal Checking, Savings
Certified B Corp
100% committed to Clean Money - has a fossil fuel-free policy
“Give back Checking” — Will donate to a participating organization of your choice an amount equal to half the interest you earn from that account.
“Donate the Change” — Will donate 10 cents to the Frontline Workers Fund for every qualifying debit card purchase of $10 or more
Powered by 100% renewable energy, supports immigrants, affordable housing, and worker rights.
Personal Checking, Savings, Loans, Credit Cards
Certified B Corp, CDFI Partner
Finances community-based businesses, building long-term prosperity, and committing to the environment
The economic interest of Beneficial State Bancorp and Beneficial State Bank is owned by nonprofit organizations, with $0 going to profit-maximizing shareholders
BNP Paribas’s Bank of the West 1% for the Planet Checking
Personal Checking
Track the carbon impact of your debit card purchases
Donates 1% of our net revenue from the account to 1% for the Planet
See an estimate of your CO2 emissions for every purchase
Personal Checking, Savings, Credit, Loans
American Express and Discover have a different business model, and don't seem to lend to oil & gas. They also don't appear to support the community.
Credit, Loans
American Express has a different business model, and doesn’t seem to lend to oil & gas. They also don't appear to support the community.
Interested in learning more about banks around the world that are committed to advancing positive change in the banking sector? Check out the Global Alliance for Banking on Values.
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Dana Jo