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?? BREAKING: US Banks Lag on Climate Action ?? Follow the link to find out more. ?? #ClimateChange #Environment #ClimateAction #Banking #Sustainability #PersonalFinance

?? ?? Welcome to our third?Climate Responsibility in Banking?series clip of the month!??? ?? Katherine Markova dives into today's topic:?Why do loan amounts vary by bank? ?#BankGreen #ClimateAction #FinanceForFuture

?????Have you ever wondered whether your money might be going to the wrong places? Chances are, the bank you use is funding businesses engaged in fossil fuel expansion and other forms of environmental destruction. Without your deposits, banks would be unable to finance these activities. ??Take the first step and find out whether your bank is funding climate chaos using our Bank Check tool. Watch this video to learn how, then take action! ?? Stay tuned for our next video: finding the right sustainable bank using Bank.Green’s online resources. ? #BankGreen #Sustainability #SustainableFinance #GreenBanking #ClimateAction

?? As many turn green for St. Patrick’s Day, we’re looking at whether the banking sector is following suit—or just pretending to. Some banks are making real progress toward sustainability, while others are finding creative loopholes to keep funding fossil fuels. From HSBC’s sneaky policy update to Citigroup’s surprising new climate pledge to our special reports on Canadian and Irish banking sectors, this issue of the Bank.Green Newsletter uncovers who’s truly embracing the green and who’s just wearing it for the holiday. #ClimateFinance #GreenFinance #ClimateCrisis #Greenwashing #FossilFreeBanking #BankGreen #ClimateChange #SouthAfrica #Ireland #GreenBanking #StPatricksDay Click below to read more! ??

?? Weighing in on South African Banks ?? What does it take to tip the scale? ???We’ve rated South Africa’s biggest banks based on their climate responsibility. See where they rank: ???0 - Great (leader in climate responsibility) ? 4 - Good (climate responsible) ???1 - OK (room to improve on climate responsibility) ? 5 - Bad (falling short on climate responsibility) ?? 3 - Worst (failing on climate responsibility) ?? Transparency is a major issue. A third fail to disclose fossil fuel and renewable energy lending. Fewer disclosed financed emissions, and none of the banks have validated climate targets. ?? Your choice matters. It only takes 10-20% of people to tip the scale. Check your bank’s rating and push for real climate action! ???Read the full report and take action now! https://buff.ly/EUlY8cH #ClimateFinance #TippingPoint #FossilFreeBanking #BankGreen #SouthAfrica #GreenBanking

?? ?? Welcome to this month's second Climate Responsibility in Banking series clip!??? ?? Today, we address a critical question:?How does the bank use my $100? Ever wanted to know what happens to the money you put in the bank? Listen to our Head of Ratings, Katherine Markova, deep dives into the good, the bad, and the ugly of your money's impacts. #BankGreen #ClimateAction #FinanceForFuture

Most Canadian Banks Are Still Hooked on Fossil Fuels. Is Yours? ???72% of Canadian banks are failing on climate. Many continue to fund fossil fuel companies, contributing to the climate crisis. ???But there’s hope with some Canadian banks leading the way. What do they do differently? ?? Banks like Vancity are financing green products, setting climate targets, and actively reducing their carbon emissions. They’re showing that banking can be part of the solution, not the problem. ???If your bank is still funding fossil fuels, it’s time to switch to one that’s investing in a sustainable future. ?? Is your bank financing the climate crisis? See where your bank rates. ???Read the full: https://buff.ly/8F62DzZ! #ClimateFinance #BankingOnChange #FossilFreeBanking #GreenBanks #Canada #GreenBanking

????Introducing: Climate Responsibility in Banking???? Welcome to our new video series,?Climate Responsibility in Banking, where we uncover the hidden impact of banks on the climate crisis. At Bank.Green, our mission is to empower you with the knowledge to make greener financial choices through choosing the right bank. This week, we’re kicking things off by diving into?how banks really work—and the huge power they hold in either accelerating or delaying the green energy transition. ???Each month, we’ll tackle a new topic to help you take control of your climate impact—starting with where your money sleeps at night. Stay tuned and let’s bank on a greener future together!?????Katherine Markova #ClimateAction #FinanceforFuture #BankGreen

?? ?? Some of the UK’s biggest lenders are rapidly rolling back their climate pledges. Barclays and NatWest have decided to drop climate targets from annual bonus schemes for their senior executives, and Europe’s biggest bank, HSBC, has ditched its target of reaching net-zero carbon emissions by 2030 because of slow change in the economy. ?? The decision from Barclays and NatWest supposedly reflects the companies’ long-term climate goals more accurately and includes cutting sustainability metrics as performance measures from annual award schemes, instead rolling climate targets into long-term share-based incentive schemes. ?? In addition to changing its net-zero target to 2050, HSBC also announced an internal review of targets on emissions linked to its loans. The bank’s sustainability chief claims this is to take a "more measured approach” to oil and gas lending, and to give the bank more flexibility in those industries. ?? Sadly, recent attempts by companies to dissolve baked-in ESG measures have been numerous. Incentivisation for climate and diversity targets has been a powerful trend in the corporate world, and its reversal is likely related to shifting political attitudes. The pressure is on for banks to comply, and as long as profits are more important than people, we can expect them to continue undoing progress without hesitation. ?????? #sustainablefinance #Barclays #NatWest #DEI #ESG #climatechange #climatecrisis #EarthOvershootDay

??? Your money, in the right hands, can change the future. ??? The Bank of Ireland is backing offshore wind — because funding renewables beats funding climate destruction. ?? Source: ThinkBusiness.ie #climatecrisis #sustainability #climateaction #environment #activism