Global Justice Now contacted us today with news of an alternative to saving in high street banks that is ethical and beneficial to the environment.
In a statement Global Justice Now said:
“The way the world currently works is incredibly unjust – today the richest 80 people own almost as much wealth as half the world’s population.
At the heart of such injustice lies the financial sector. By investing in profit, not people, it allows the power of big businesses to grow and privatisation to advance.
Supported by the banks, large corporations have taken resources out of the hands of millions of people, making essential items such as food, water and energy, simply inaccessible.
The majority of us need bank accounts. But we don’t have to save money in the very banks we stand against. Many of the UK’s banks invest in fossil fuel extraction, which displaces communities across the world, destroys the environment and exacerbates climate change. Alternative banks exist, which take into account their impact on people and the planet.
Ethical bank, Triodos only lends its savers’ money to projects which exist to benefit people or the environment, such as organic food production, renewable energy and fair trade enterprises.
*Switching bank accounts is not the ultimate answer to injustice. However, switching to an ethical bank is a step we can make in our everyday lives towards a more equal and just world.”
Click here for more information about saving with Triodos, the offer, and terms and conditions.
*this is not financial advice, make your own mind up or get professional advice if unsure.
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