Responsible Investment News

Brokers can ‘effect change’ by promoting ethical lenders

“We try to stay away from people that invest in fossil fuels and we mostly deal with the smaller credit unions and non-banks that are not only externally, but also internally, having more values so obviously treating their staff well as well as their community.

“The only way [to enact change as brokers] is to put your money where your mouth is … and actually place your business with those lenders, rather than the other lenders. That’s the only way that you’re going to effect change.”

However, she added that sustainable lending is also consumer-driven to a degree. For example, Ms Doust’s partnership with ethical wedding business Less Stuff More Meaning, six months ago, was the result of Ms Doust and business partner Sandra Henri realising that consumers are looking to align their values with their banking.

Read full article here.