Image credit: edited from Andrea de Santis

Sunday, 10th April 2021

Money makes the world go round, but for who? Green finance is a major driver towards a sustainable future, here’s a few ways to make sure your money is taking care of you and your future…


#1 Banks and current accounts

Banks have different standards, make sure yours isn’t responsible for funding climate destruction at Bank.Green.

If you’re looking for a new bank, check out ethical bank, Triodos or The Co-operative Bank. Triodos is a certified B-corp and state their mission is: 


“ help create a society that protects and promotes quality of life and human dignity for all. Since 1980, our sustainable financial products have enabled individuals and organisations to use their money in ways that benefit people and the environment.”


The Co-operative Bank operates on a customer-led ethics policy, so as a customer you can directly influence the way they run their bank. 

Triodos’s personal current accounts offer all the usual benefits, including an eco-friendly debit card(!!) The bank charges £3 per month for a current account. The Co-operative Bank's current account is fee free and offers Everyday Rewards for you or your chosen charity.


#2 Saving

It’s not a great time to be a saver with such low interest rates, however if you’re looking for an ethical savings account with instant access, Triodos’s Online Saver Plus is a good option.

Another way you can make a difference with your savings is through your pension. 'Love Actually' director, Richard Curtis is heading up the Make My Money Matter campaign. The campaign calls for pension schemes to commit to net zero carbon emissions. Find out more here.






#3 Investing

After the colossal use of Quantitative Easing to counteract the pandemic, it’s unlikely that interest rates will be favourable for savers in the near future. However, ethical investment is a rapidly growing area that has proved to be lucrative during the lockdown. Evidence suggests that ESG funds outperform non-ESG funds in the long-term as they force close management of operations. If you’re new to investing, check out the 'need-to-know' section below, and always do your own thorough research before investing. 


ESG: Environmental, social and corporate governance.

Ethical funds are ESG-mandated meaning that their environmental, social and governance impact has been evaluated as part of their analysis. There is not yet a standardised method of evaluating ESG which can make ESG investment a minefield. However, the 2021 Dasgupta review commissioned by the UK Treasury calls for economic metrics that account for ESG factors as standard. Tools like Circulytics, developed by the Ellen MacArthur Foundation are leading the way.

If you're interested in finding out more, we recommend reading 'Doughnut Economics' by Kate Raworth. Follow her on Twitter here.

Make My Money Matter