Does Bendigo Bank invest in fossil fuels?

What banks invest in fossil fuel?

Which banks invest in fossil fuels. … The US banks that finance the most fossil fuels are JP Morgan Chase, Wells Fargo, Citi, Bank of America, TD, Morgan Stanley, and Goldman Sachs, according to analysis from the Rainforest Action Network.

Which banks invest in fossil fuels Australia?

Since 2008, the “Big 4” banks – Westpac, Commonwealth, NAB and ANZ – have loaned almost $19 billion to new coal and gas projects in Australia.

Is Bendigo Bank an ethical bank?

Bendigo Bank today launched the first ethical deposit account to be associated with an Australian bank. … “This arrangement was enacted after the Trustees assured themselves of Bendigo Bank’s commitment to ethical investment and community values,” said the Trust’s Chairperson, Kathleen Townsend.

Is Bendigo Bank environmentally friendly?

The Bank’s major corporate sites in Bendigo and Adelaide were designed and built with environmental sustainability and energy efficiency as a priority.

Does CIBC invest in fossil fuels?

RBC, TD, Scotiabank, CIBC and BMO have poured that much money into fossil fuel companies since the Paris Agreement was signed Dec. 12, 2015.

Does Santander support fossil fuels?

Regarding project financing, Santander has improved its policy. It was already preventing the direct financing of any new coal mines and power plants, including the extension of operating plants and mines. … On its phase-out strategy, we positively acknowledge the decision of Santander to phase-out coal mining by 2030.

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Is Bank Australia a good bank?

Are you a secure bank? Yes. We’ve been in business since 1957 and we are one of the strongest small banks in Australia. We are regulated in the same way as every bank in Australia.

Is Bendigo Bank a good Bank?

Excellent customer service and products

I have banked with this bank since I was young and have found them to always be competitive. They have a good product base and the staff are very friendly and helpful when ever i have questions.