BANKING ON THE FUTURE

14 March 2023
|
John Anderson

As Jesus-shaped people, we bank on a future with Christ.  But how do we actually bank in the future?  Where is our money?

There is an important divestment movement aiming to encourage the removal of funds from investment in fossil fuels and putting money into positive climate-friendly actions.

Most of us have bank accounts.  Most banks invest our money in destructive fossil fuels. We should look for positive alternatives.

Among the banks, building societies etc which have positive criteria on where to beneficially use our money are Triodos, Ecology Building Society and Impax Asset Management Group. Nationwide and the Co-op bank have negative criteria which prevent them investing in  certain global heating activities.

This is a fascinating and vital area. The Christian organisation Operation Noah has a website https://brightnow.org.uk where there is a full guide on how we as individuals and churches should take action on this.

An anecdote: a doctor preserved   many lives in her work. She investigated how her pension fund invested money and found to her horror that several of its top funds were in oil and tobacco. She felt she was probably killing more people than she saved.

By John Anderson

 

Share: