Fossil Free Banking Alliance
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Parent organization | Bank.Green |
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| Website | bank |
The Fossil Free Banking Alliance is an international fossil fuel divestment initiative launched by Bank.Green to identify and promote retail banks that have pledged not to finance new fossil fuel companies or project.[1][2]
Members
Currently, the alliance is made up of retail banks including The Co-operative Bank in the UK,[3] Beneficial State[4] and Areti Bank in the US,[5] and others.[6]
Certification
These banks have voluntarily undergone the Fossil Free Certified process, which involves submitting a signed declaration and evidence of their commitment to not financing fossil fuel companies or projects. The certification process is free of charge, and no bank can buy certification from the alliance.[7]
See also
References
- ^ Keating, Cecilia (10 February 2022). "Fossil Free Banking Alliance: New divestment initiative launched by US banks and credit unions". businessgreen.com. Retrieved 1 August 2023.
- ^ "Introducing the Fossil Free Banking Alliance". Bank.Green. 2022-02-09. Retrieved 2023-08-01.
- ^ "What We Do for The Planet". co-operativebank.co.uk. The Co-operative Bank. Retrieved 1 August 2023.
- ^ "Beneficial State Bank | Why We've Pledged to Stay Fossil Fuel Free". Beneficial State Bank. 5 April 2022. Retrieved 1 August 2023.
- ^ Varon, Juan (27 February 2023). "Areti Bank committed to the Fossil Free Certification". www.aretibank.com. Areti Bank.
- ^ "Find the Best Green Banks in Your Area". Bank.Green. 2023-08-01. Retrieved 2023-08-01.
- ^ "Fossil Free Certification". Bank.Green. 2022-02-09. Retrieved 2023-08-01.