Help keep One Green Planet free and independent! Together we can ensure our platform remains a hub for empowering ideas committed to fighting for a sustainable, healthy, and compassionate world. Please support us in keeping our mission strong.
The country’s first climate-focused bank, Climate First Bank, is scheduled to open in Florida on June 1, the company announced via email. Founded by environmentalist Ken LaRoe, the bank will make sustainable alternatives widely accessible to help combat Climate change.
Opening in St. Petersberg, Florida, the full-service community bank will offer both commercial and personal banking services with a collective mission to do right by people, planet, community, and shareholders.
“Interest in the bank has been extraordinary. I’ve been getting calls from all over Florida and across the nation from people eager to invest in our mission,” said veteran banker and CEO Ken LaRoe in an emailed statement. “Very quickly we exceeded our minimum subscription of $17 million with $29 million raised to date.”
The company is founded on Environmental, Social, and Governance (ESG) principles and will be carbon neutral from its first operations. Banking operations will also focus on green loan options to help individuals and businesses operate efficiently using practices such as LEED certification or solar panels.
Source: The Invading Sea/YouTube
“I’m ready to get our doors open and start investing in the future of our community through the sustainable development of our homes and businesses,” said LaRoe. “Climate First Bank (I/O) has some phenomenal local talent that understands the market and can provide the greater Tampa Bay area with a new, ethical way of banking.”
Read more articles on the effects of climate change happening
- How the Climate Crisis will Displace Billions of People Around the World
- How Climate Change Contributes to Political Instability
- Climate Change is Driving More Powerful and Frequent Catastrophes like California Wildfires & Atlantic Hurricanes
- How Deforestation Leads to the Spread of Deadly Viruses from Animals to Humans
- The Climate Crisis is Aging Fish, Amphibian and Reptile Populations
- Animal Populations Have Declined By Almost 70% In Past 50 Years Due to Human Activity
For more Animal, Earth, Life, Vegan Food, Health, and Recipe content published daily, subscribe to the One Green Planet Newsletter! Lastly, being publicly-funded gives us a greater chance to continue providing you with high-quality content. Please consider supporting us by donating!
Comments