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Does your bank greenwash? Here’s how to check | New

Your bank plays a role in climate change through its loans and other actions. But does your bank have a positive environmental impact? It can be difficult to know.

Through their messaging, banks sometimes paint a greener picture of their climate impact than their holdings or other factors indicate, a process known as “greenwashing.”

Why is greenwashing important?

What is greenwashing in the banking sector?

4 ways to identify greenwashing in banking

1. Carefully read your bank’s impact reports

2. Check if your bank finances fossil fuels

3. Check for external certifications – or lack thereof

4. Study easy tactics to feel good

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