Banks, insurance companies, and asset managers are funding, insuring and investing in the climate crisis. Stopping this money pipeline is one of the most important ways we can address the climate emergency.
You can change your bank, your credit card, and your investments!
Since the 2015 Paris Accords were signed, Wells Fargo has invested $197.9 billion of your money into failing fracking, arctic drilling, tar sands and other fossil fuel projects. Bank of American has used $156.9 billion of your cash.
Change Banks, Change Investments, Change the World
You can help keep fossil fuels in the ground and speed the transition to a clean energy economy, by moving your money out of polluting megabanks and unhealthy investments. Take a look at your banking (checking and savings, credit cards, loans) and your investments. Once you know what you own, the choice is yours. Moving your money is a powerful act that helps signal the end of fossil fuels.
For personal banking, our Bank Exit program helps you move your checking, savings, and credit cards out of banks that finance fossil fuels and related infrastructure (pipelines, oil trains). See the “Change Banks” page for more information.
And if you want to get fossil fuel investments out of your portfolio, you’re far from alone. Tens of thousands of people and institutions have pledged or have already divested over $50 Trillion.
Want to know how clean your Mutual Funds are? Or want to see if the funds you are thinking of buying own oil, gas or fossil fuel stocks? Check out: Fossil Free Funds.
The non-profit that runs Fossil Free Funds, As You Sow, also advocates for several issues with companies and publishes reports on how well shareholder advocacy is progressing.
Are your retirement funds in TIAA-CREF? You might want to look into TIAA-divest.org.
Need help with your investments? Consider a brokerage that specializes in divesting from oil and gas and investing in a clean energy future. We cannot endorse any brokerages, but here is an example to start researching: The Carbon Collective.
Break up with your bank, and let the world know why:
Write them a letter
Post to Social Media
On Yelp or other Bank review sites, tell people you don’t want your money financing Climate Catastrophe
Put Your Money to Work or Borrow for Clean Energy Projects
Clean Energy Credit Union is a first-of-its-kind financial institution, a not-for-profit, tax-exempt cooperative that only gives loans for clean energy projects like solar electric systems, geothermal heat pump systems, electric cars and bikes, and green home improvements. Their CD rates are competitive too. To be eligible must be a member or join one of several green organizations for a nominal fee.