Paragon
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At the end of 2022, Paragon had a small amount of lending to small and medium-sized enterprises operating in the oil and gas industry (£13.5M). At the same time, it dedicated £200M of funding to the development of energy efficient properties by offering lower interest rates to its customers. The bank is also transparent - it has measured and disclosed greenhouse gas impacts of its lending in line with leading practices.
Bank.Green was founded on the belief that banks have had an easy time from their customers for too long. Mass movements will pull us out of the climate crisis – and they'll pull Paragon out, too.
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