Whether you run a small local business, a charity, a climate-tech startup or a petrol station, your money all tastes the same.
Money you earn goes into your bank account, where your bank “borrows” it to fund really big, expensive projects. In the case of the big 4 banks and several others, they’re often polluting projects like mines and fracking.
The hard truth: If you’re banking with any of those banks, whatever good you’re doing in your work or otherwise is being completely reversed by that bank.
The more money you make, the more you’re feeding into that machine.
It sucks.
But it’s also a choice. You choose who you bank with.
And it’s so easy to fix that it’s almost funny.
You simply switch banks.
Different banks are motivated by different things.
They all want to make money. Lots of banks want to make money no matter who it harms, fully aware of the harm it causes. Others want to make money that does good without causing any harm to anyone.
The amount of positive impact that one switch can make is huge.
In a matter of minutes, you’ve diverted every dollar your organisation will ever make, from funding things like oil mines and fracking, to funding things like renewable energy, affordable housing, low-emissions car loans, and supporting local businesses.
Forever.
Find out how much money your bank invests in fossil fuel projects on this table. If it’s more than $1, pick a new one 🙂
For self-employed creatives, normal business traps are easy to fall into and overcomplicate things - but they’re totally avoidable when flying solo.
Learn how to keep things simple, enjoyable, and climate-smart in around 2 minutes a day by joining The Climate Soloist.
2024 Impact Labs Australia.