Your bank has room for improvement on climate responsibility.
First Option Bank is committed to supporting environmentally friendly projects through its BeGreen program, offering low interest rate loans for home improvements and electric vehicles. While it doesn't finance fossil fuels, there's room for greater transparency and environmental impact reporting.
As part of the Customer Owned Banking Association (COBA), First Option Bank measures and manages its carbon emissions using trace. It offers green financial products, such as low-rate loans, supporting eco-friendly activities. However, it lacks a formal emissions report and a fossil fuel exclusion policy, and more transparency in these areas would be beneficial.
We were founded on the belief that banks have had an easy time from their customers for too long. Our mission is to encourage as many people as possible to take a stand - to refuse to let their money fuel environmental destruction any longer. Join us in building this movement by pressuring your bank to do better, or by taking your money to somewhere that cares about our planet's future.
Banks live and die on their reputations. Mass movements of money to fossil-free competitors puts those reputations at grave risk. By moving your money to a sustainable financial institution, you will:
Send a message to your bank that it must defund fossil fuels
Join a fast-growing movement of consumers standing up for their future
Take a critical climate action with profound effects