Our thinking

Making your money matter

21 April, 2023

Chances are, your bank is in a hidden relationship with the fossil fuel industry. They might brag about investments in renewable energies and socially responsible businesses, but they conveniently leave out their ties to destructive fossil fuel ventures. 

Since the Paris Agreement, the world’s top-sixty banks have poured a staggering $5.5 trillion into the fossil fuel industry. These banks are steering us towards climate disaster, instead of driving positive change.  

Make My Money Matter’s new film – “Hidden Relationship” – featuring Kit Harrington and Rose Leslie seeks to shed light on the dangerous connection between our banks and fossil fuel companies.  

Now, breaking up is never easy, including when it comes to the relationships between banks and fossil fuel companies. So pressure is needed to create change, and as individuals, we can take action, making our views around divestment from fossil fuels and investment in sustainable alternatives clear. Make My Money Matter has a handy tool that allows you to do just that and apply pressure on your bank. Simply select your bank, fill your details in, and it will draft a potent message for you to urge your bank to stop financing fossil fuel expansion.  

If your bank ignores your plea, consider switching to a bank that doesn’t invest in fossil fuels. Bank.green offers a directory of the best banks in your area; helping pave your way to becoming a climate-conscious consumer.   

Ultimately, breaking up with fossil fuels and promoting sustainable investments is necessary for the health of our planet and collective future. Let’s make change, one bank account at a time.

By Bertie Bateman