Banks use your deposits to make loans to carbon-intensive industries. A new analysis finds that $1,000 in your account creates emissions equal to a flight from NYC to Seattle.

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By switching to a climate-conscious bank, you could reduce those emissions by about 75 percent, the study found. In fact, if you moved $8,000 dollars—the median balance for US customers—the reduction in your indirect emissions would be twice that of the direct emissions you’d avoid if you switched to a vegetarian diet.

The big one in the US is Amalgamated Bank. Others are listed here

  • silence7@slrpnk.netOPM
    1·
    11 months ago

    In practice, the banks are a lot more picky than that, and reject customers without that additional data or with a lot of cash transactions.