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SouthState

Your money may be funding the climate crisis.

SouthState Bank is a regional bank headquartered in Winter Haven, Florida. The bank operates over 300 branches across the Southeastern United States, including in Florida, Georgia, Alabama, North Carolina, South Carolina, and Virginia. SouthState Bank offers personal and commercial banking services, including checking and savings accounts, loans, credit cards, and online/mobile banking.

We have not been able to establish if the bank lends to fossil fuel companies due to the poor quality of disclosures. The bank has not measured and disclosed the greenhouse gas impact of its lending, not set any targets, and does not have a policy on not lending to fossil fuels. SouthState needs to do better.

Financial institutions in this category have shown a weak commitment to environmental sustainability and transparency.

If they engage in energy financing, they are likely to lend far more to fossil fuels than renewable sources. They may have limited or no effective policies to improve their climate impact and may lack meaningful targets for reducing the emissions they are responsible for.

While they might show some engagement in sustainable practices or offer certain green lending products, these efforts are insufficiently developed or prominently displayed to make a significant impact.

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Your bank may be ignoring the Paris Agreement.

The Paris Agreement set the goal to stay under 1.5°C of warming for very good reasons. According to the Intergovernmental Panel on Climate Change, an increase of just a couple of degrees more could lead to "substantial species extinction, large risks to global and regional food security", and an inability to work outside — or even live — in some areas of the world. Our world will become unrecognizable as ocean dead zones, floods, and extreme weather fuel social and economic disruption.

Start to Bank Green Today

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

How do we derive our results?

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