FoE plan to `name and shame' investors in pollution
Your support helps us to tell the story
From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.
At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.
The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.
Your support makes all the difference.Friends of the Earth is sifting the policies of the country's top financial services companies to compile a blacklist of the most environmentally unethical investors.
The group said it would publish a list to "name and shame" banks, building societies and insurers with the worst record for investing people's money in industries that harm the environment.
Such companies invest billions of pounds of people's savings every year and are the lifeblood of much of the world's industry.
Friends of the Earth said it hoped that by publishing the names of the dirtiest investors it would persuade customers to switch their accounts, pressurising the institutions to invest in greener businesses. It would also encourage the polluters themselves to adopt a greener attitude, the group said.
Join our commenting forum
Join thought-provoking conversations, follow other Independent readers and see their replies
Comments