Without knowing it, your money may be financing activities that are harmful to the Planet. Food, energy, housing and even transport: the choices we make directly influence the health of our Earth, but among all these choices, one of them is completely forgotten: that of the bank where we invest our savings.
However, the choice of our bank could even be the one that carries the most weight, according to a study by the organization Project Drawdown. It is, in any case, the strongest footprint carbonecarbone billionaires, even in front of their exuberant lifestyle choices (private jet, giant villas, etc.)! And even for a citizen with an “average” standard of living, with a sum of $8,000 placed in an account, the choice of a bank has more impact on the environment than their food choice, like that of being vegetarian.
Choosing a bank can reduce our greenhouse gas emissions by 75%
L’argentargent that you deposit at the bank is in fact used to finance activities, and for many banks, this means investing in fossil fuels, such as constructionconstruction new boreholes and the deforestation that often accompanies it. According to Project Drawdown, by choosing a bank with environmentally friendly investments, we can reduce our broadcastsbroadcasts global greenhouse gas emissions by 75%!
In the United States, for example, the country’s 10 largest banks all invest between $20 and $40 billion in fossil fuels each year. This means that if these banks did not invest so much, with the money of American citizens, the industries of oiloilgas and coal would simply not be able to continue their activities.
For this very reason, selecting an environmentally friendly bank is considered the choice with the strongest ecological impact, far ahead of all the other actions we can do for the Planet.
