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Banks bid for green credentials

 
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altyfc



Joined: 29 Dec 2004
Posts: 1232
Location: Aardvarkland

PostPosted: Wed Jul 11, 2007 9:22 am    Post subject: Banks bid for green credentials Reply with quote

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Political parties, big oil companies and retailers are all trying to associate themselves with saving rather than exploiting the environment.

Now UK banks - a little late in the day - are trying to get in on the act.

From credit cards to current accounts, new financial products are being launched - all hawking their environmental credentials.

But critics suggest banks are simply dusting off run-of-the-mill financial products and giving them a "greenwash".

They say it is all about shifting product rather than saving the planet.


What's your take on it?

Barclaycard's Breathe credit card pledges to plough 50% of the profits it makes from Breathe into carbon reduction initiatives. Isn't that a good thing?
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altyfc



Joined: 29 Dec 2004
Posts: 1232
Location: Aardvarkland

PostPosted: Wed Jul 11, 2007 9:23 am    Post subject: Reply with quote

Oooooooooooohhhh... that was post number 1000 for me! Very Happy
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Money-Helper



Joined: 02 Aug 2007
Posts: 76

PostPosted: Sat Aug 04, 2007 8:32 pm    Post subject: Reply with quote

That's a great thing. Social and Environmental responsible companies will win the business of the most people as it becomes apparant that eco-destruction is simply not acceptable.

As consumers we all ought to be buying with our morals.
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