Tuesday, June 10, 2014

Thankyou, Bendigo Bank

Bendigo Bank, Australia's biggest bank (outside the major 4) has announced its opposition to coal, saying it will "not lend to companies for whom the core ­activity is the exploration, mining, manufacture or export of thermal coal or coal seam gas".

This is great news. Customers have a new choice for banking ethically, without worrying that their savings are being used to fund coal pollution. Also, it shows that banks can run just fine without the fossil fuel industry.

Why not join me in thanking Bendigo (it's an easy type-and-send). This might be the first time we've sent a thankyou to a bank!

PS. Compare banks at Market Forces
See Bendigo's full statement

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