BANKING ON THE FUTURE
Invest in our planet and your future through banking, pension, and investments.
Companies which perform better on environmental, social and governance matters also perform better financially. Investments in fossil fuels have been labelled ‘stranded assets’ because they are exposed to the collapse of the fossil fuel industry. What is good for your pocket is therefore also good for the planet.
Each year £87bn is invested in pensions in the UK. We as individuals have the power to channel this money to fund renewable energies and environmental schemes. New York City is ‘divesting’ $5 billion of its pension fund away from fossil fuels for this reason.
HOW
- If you have a pension managed by your employer ask them for details on where your pension is invested, you will be able to choose to move your pension investments into funds of your choosing.
- Looking to invest? You can see the performance of companies through their Environmental, Social and Governance (ESG) ratings. These ratings can be useful in identifying what companies are doing on environmental issues.
- The internet can be a powerful tool for researching into what companies and banks are doing on the environment and climate change, and whether you are happy investing in them.
RESOURCES
BANKING
- shareaction.org/ranking-european-banks – Charity supporting ethical investment, provide a ranking on banks responses for climate change.
- www.christianaid.org.uk/big-shift-moment-briefing.pdf – The Big Shift Campaign by Christian Aid.
PENSIONS
- shareaction.org/MissionPensionPower.pdf – Charity supporting ethical investment, provide an easy to use pension guide.
- www.ethicalconsumer.org/ethicalpensions.aspx – Research and data provider MCSI on ethical pensions.
INVESTING
- shareaction.org/about-us – ShareAction.
- www.msci.com/esg-investing – About ESG Investing.
“New York City is standing up for future generations by becoming the first major US city to divest our pension funds from fossil fuels” – Bill de Blasio, New York’s mayor, 2018
Companies which perform better on environmental, social and governance matters also perform better financially. Investments in fossil fuels have been labelled ‘stranded assets’ because they are exposed to the collapse of the fossil fuel industry. What is good for your pocket is therefore also good for the planet.
Each year £87bn is invested in pensions in the UK. We as individuals have the power to channel this money to fund renewable energies and environmental schemes. New York City is ‘divesting’ $5 billion of its pension fund away from fossil fuels for this reason.
HOW
- If you have a pension managed by your employer ask them for details on where your pension is invested, you will be able to choose to move your pension investments into funds of your choosing.
- Looking to invest? You can see the performance of companies through their Environmental, Social and Governance (ESG) ratings. These ratings can be useful in identifying what companies are doing on environmental issues.
- The internet can be a powerful tool for researching into what companies and banks are doing on the environment and climate change, and whether you are happy investing in them.
RESOURCES
BANKING
- shareaction.org/ranking-european-banks – Charity supporting ethical investment, provide a ranking on banks responses for climate change.
- www.christianaid.org.uk/big-shift-moment-briefing.pdf – The Big Shift Campaign by Christian Aid.
PENSIONS
- shareaction.org/MissionPensionPower.pdf – Charity supporting ethical investment, provide an easy to use pension guide.
- www.ethicalconsumer.org/ethicalpensions.aspx – Research and data provider MCSI on ethical pensions.
INVESTING
- shareaction.org/about-us – ShareAction.
- www.msci.com/esg-investing – About ESG Investing.
“New York City is standing up for future generations by becoming the first major US city to divest our pension funds from fossil fuels” – Bill de Blasio, New York’s mayor, 2018