I just saw an advert on Instagram for “Make My Money Matter”. It seems to be a campaign to promote greener banking and interestingly while Starling appears on their recommended list, Monzo does not.
I wonder if it’s a work in progress to be included or if Monzo missed some key metric.
Monzo technically isn’t a fossil-free bank anymore (because of their investments offering through a Blackrock partnership), which might explain the omission.
I believe their score at bank.green will be lowered soon for the same reason. There’s also some uncertain scrutiny surrounding their savings pots partners as well.
The Oblivia Coalmine advert is still the best.
Ahhh that makes sense thank you. What a ridiculous shame.
I’m going to explore Starling a bit more now which is something I never thought I’d say.
Now Triodos has Apple Pay, they’re back on my radar. Plan to re-apply for an account with them tomorrow.
I was also having a look at their investments products earlier. The portfolios are very solid, and beat a lot of ESG products, at least when it comes to being free of fossil fuels and tobacco, and in some cases arms. They invest in Nvidia though. With AI and the power they need pushing back carbon targets at most big tech companies, I was surprised to see them among their holdings, because there is a bit of an indirect impact there. But that’s about the only questionable one I could see.
That’s some brilliant info thank you for sharing. My limited investments are currently with Nutmeg on their more eco conscious offer but I will explore more!