Stuff - John Berry, April 15 2018
OPINION: Conscious consumerism – the trend for people to make ethical choices as they shop – is posing an enormous dilemma for New Zealand's largest banks.
The Royal Forest and Bird Society's decision last week to dump ANZ as its banker in favour of Kiwibank, a bank it claims has stronger environmental credentials, highlighted the challenge.
Forest and Bird (very obviously) cares about how the environment is treated.
It doesn't want habitats cleared to dig for coal or pump oil and it definitely doesn't want to deal with a bank making loans and generating profits by enabling environmental damage.