UK banks finance fossil fuels. For example, by funding new oil rigs, coal mines and gas pipelines. Even some with seemingly green credentials. Your bank may be fuelling climate breakdown with your money, without you even knowing.
Switching your bank account, savings, pension or ISA to a greener financial provider could make a huge difference to the fight against climate breakdown.
Stop your money being used to fund fossil fuels and deforestation. Move your money to support green solutions instead.
In fact, research suggests that moving your pension to a greener plan alone could reduce your carbon footprint up to 21x more than stopping flying, going vegetarian and changing energy provider combined.
Ready to make a quick bank account switch? Your new bank will do the hard work for you, including moving your direct debits. It’s as simple as that.
How to do it:
- Check your current bank’s green credentials on bank. green.
- If it funds fossil fuels, open an account with a greener one (eg. Triodos or Nationwide)
- Start the switch (many take under 10 mins online)
Want to learn more?
Listen to episode 4 of the "Imagining Tomorrow" podcast with presenter Emma Newman about how to make sure our savings aren't used in climate-wrecking projects.
- Tell your old bank why you're leaving. It creates pressure for it to change. Use template below to help.
- Learn more about green finances.
- Become a Money Mover. Our tried-and-tested scheme aimed at helping people move their finances to greener options.
- Explore how to swap other financial products like your ISA or pension.
Want to go even further?
- Share your switch online to inspire others and challenge your social circle to inspire others and challenge them to make their own switch.
- Sign a petition demanding UK companies are made accountable for destroying forests and people’s lives.
- Read our guide on how to be a conscious consumer.
Email template
Subject: I’m leaving because you fund climate breakdown
Dear [Bank Name],
I refuse to let my money finance climate breakdown. My money should help tackle the climate crisis, not fuel it. I’ve moved to a greener bank.
You have the power to help stop the climate crisis. Cut ties with fossil fuels now or lose more customers like me.
[Your Name]
