The climate impact of British banks
MotherTree calculates the carbon emissions of major UK banks and reveals the top offenders in it's Bank League Table. We've discovered that for each £5,677 held in a current or savings account (the average in 2020 for a UK adult), the levels of CO2 produced per year could be more than flying from the UK to Rome and back seven times.
Our ongoing assessment will help to shed light on greener choices for your savings. You can also calculate your money's impact using our Money Carbon Calculator for free and get connected with greener banks and pension providers all in one place.
Bank League Table
We rank the major banks based on how much £1,000 in a current account contributes in carbon emissions.
The bank's position has moved up
The bank's position has moved down
The bank's position has not changed
tCO2 per £1k in account
Your choices matter
Interested to know how your choice of current account continues the cycle of fossil fuel development and climate change.
You open a current or savings account with a traditional bank and your money is held here.
Your money endorses the bank's investment, and for most banks this includes fossil fuels.
Fossil fuel development generates carbon emissions, taking us closer towards an inhabitable world.
If enough of us take our money out of fossil fuel investing banks, we undermine their investment strategy, meaning they can't invest in powerful and high-polluting industries such as oil and gas.
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