We’ve all heard the phrase, “Put your money where your mouth is.” But for too long, environmental champions had little choice but to bank or invest with big financial institutions that put their short-term profit before both people and the environment.
The big banks take their customers’ deposits and then invest them in ways that worsen our climate crisis. Their funding of projects, like the Dakota Access Pipeline (DAPL), Keystone XL Pipeline, and other dirty fuel projects shows where their priorities lie.
Americans deserve a financial firm that shares their values and provides options to create wealth with a conscience.
That’s why now there’s a better choice. At Aspiration, we know there are plenty of ways to make money for our customers without endangering the air they breathe, the water they drink, and the very future of our planet.
When you divest from big banks and fossil fuel investments, you send a powerful message that is heard loud and clear. By closing your checking account with the big banks, you are sending the message that you do not support their involvement in funding projects that destroy the environment. And by divesting from investment accounts, such as your 401(k) and IRA at these big banks, you are minimizing the pool of capital drawn on to fund such projects.
But, it’s not enough to just divest. It’s also important to invest in a new better way. That’s why Aspiration offers fossil fuel free banking and investment options that prioritize people and the planet. Our 100% fossil fuel-free sustainable strategy is a way for you to vote with your dollars by investing in businesses that are leaders in their industry when it comes to caring about their people, the planet, and their company's purpose and mission.
If you’re interested in banking or investing with a company that aligns with your values, try Aspiration. Together we can do well and do good at the same time.