Green Bank Initiative

As per a recent study by Javelin Strategy and Research, bank customers loved this idea. 43% of customers polled said they would rather do business with a bank that seems more “green.” It’s true that monthly paper statements have a big impact.

If every household in the US were able to switch to paperless billing, this would save an estimated 16.5 million trees per year or about 46,000 acres (averaging 360 trees per acre). Trees protect watersheds, support wildlife habitats, and build soil fertility while sequestering carbon because deforestation is now the 2nd leading cause of global warming.-Odemagazine.com

But what is the purpose if you save a few thousand trees in North America while funding dirty coal operations or deforestation in the Congo (check here at Greendig.net to find out which banks they are)?

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