Bonjour! Climate First Bank

What’s happening? Climate First Bank now has 2 branches in Florida, its home state. The bank finances climate friendly projects like solar and those that support environmental sustainability.

Why is this important? Look at their mission and where the shareholder priority is, this reflects a shift back to a stakeholder economy, and out of Milton Friedman’s shareholder economy.

The mission statement:

 our mission is to do the right thing for:

• Our people
• Our planet
• Our community
• Our shareholders

How will this be important? “At Climate First Bank our vision is to reimagine finance as a force for good and become the most impactful bank contributing to the drawdown of atmospheric CO2. Backed by Environmental, Social and Governance (ESG) principles, Climate First Bank is a full-service community bank offering personal and commercial banking services with a focus on environmental sustainability. We do our part to preserve America’s irreplaceable ecosystem by providing residents and businesses with convenient, specialized green loan options for everything ranging from rooftop solar to renewable energy to building retrofits, EV charging, or even purchasing certified carbon offsets.”

Climate First Bank