Choose a socially responsible bank

Have you thought about how your bank invests your hard earned savings? Aside from the issue of toxic debt, what about the moral issues of investing in weapons manufacturing, paper mills which are processing illegally deforested logs, environmentally damaging activities such as mining and so on? Friends of the Earth have just published a handy guide on how to choose a French bank based on its social and environmental impact. Of all the banks reviewed, only the Crédit Coopératif and La NEF passed the test of actually making a positive impact. La Nef is a 20-year old cooperative which connects savers with borrowers who are involved in sustainable projects which meet social and environmental criteria. 

via Eco-Echos


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