Monzo
Your bank is climate responsible.
Monzo keeps the majority of its deposits at central banks and does not lend to fossil fuel companies. Hooray!
However, it refers many of its savings account customers to Shawbrook Bank which we have not been able to rate due to the limited information Shawbrook has disclosed to date.
Bank.Green was founded on the belief that banks have had an easy time from their customers for too long.
“Monzo only invests customer deposits safely and ethically. Today, the majority of our deposits are held at central banks. Our investments are only in safe, high quality government bonds and quasi-government bonds (such as development banks). We do not invest in fossil-fuel-based energy companies, arms companies or tobacco companies.”
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