Ecology Building Society is Blue & Green Tomorrow’s 2013 sustainable bank of the year.
Based in West Yorkshire, the organisation offers sustainable mortgages that are funded through its range of savings accounts. It is a member of the Global Alliance for Banking on Values (GABV), a membership organisation that brings together some of the world’s leading sustainable banks.
In March this year, Ecology was named Company of the Year at the New Energy & Cleantech Awards for its “committed” work in sustainable finance. It won Financier of the Year and then received unanimous approval from the judging panel to be named overall winner.
Its annual figures, released less than a month later, proved in detail just how viable taking a sustainable approach was. Its net profits had increased by 8% in 2012 and its overall mortgage balance surpassed £75m for the first time – which the building society justifiably shouted about at its AGM in April.
“People who move to Ecology understand that we’ve got a good financial track record over many years, but their main reason is usually a desire to know what’s actually being done with their money – how their personal capital is being deployed”, chief executive Paul Ellis told Blue & Green Tomorrow in The Guide to Sustainable Banking 2013.
“We direct a lot of energy into making it clear exactly what we intend to do with our members’ money, and what we expect the outcomes to be of that activity. That’s what people value.”
Highly commended: Triodos Bank
The person/organisation was chosen by the Blue & Green Tomorrow editorial team.
Like our Facebook Page
Strange Ways the Sporting World Impacts the Environment
The Future of Cryptocurrency is Eco-Friendlier than the Present
Why Bill Gates Is Wrong on the Climate Impact of Bitcoin
Everything You Need to Know to Create an Eco-Friendly Nursery
4 Environmental Benefits of Using A Buckwheat Pillow
Eco-Friendly Ways to Dispose of The Office Furniture!
7 Huge Advantages of Using Solar Power at Home
5 Important Changes to Become An Eco-Friendly Nicotine User
4 Great Ways to be a Committed Eco-Tourist While Flying
7 Basic Types of Forex Charts Ethical Investors Must Understand
How to Make Your Ecommerce Business More Eco-Friendly?
How Can Social Media Help In Promoting Sustainable Lifestyle?
Luxury Development for The Ultra-Rich Causing Climate Change Conundrum in Barbuda
How Does Bitcoin Mining Work and is it Eco-Friendly?
Is Gen Z Ahead of Millennials in Terms of Eco-Investing?
Four Reasons Why Buying Used Cars Is the Way to Go Green
There is no Planet B: The Growing Importance of ESG
Wonderful Environmental Monitoring Tips to Keep Indoor Air Clean
The Tremendous Benefits of Investing in Energy-Efficient Windows
4 Morning Productivity Tips for Green Entrepreneurs that Are Night Owls
- Features10 months ago
Eco-Friendly Interior Design Is Easier Than You Might Think
- Features7 months ago
Eco-Friendly Hacks To Create A Durable Shop For Your Home
- Features8 months ago
5 Simple Ways To Create A Greener And Healthier Home
- Environment11 months ago
The Benefits Of Sustainable Agriculture For Farmers