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Shorebank Pacific: eco-cash and eco-credit

Their business is money, but there are banks that aren’t just focused on profits. Back in 1980 Triodos Bank pioneering ethical banking by only lending to businesses that benefit people or the environment.

Today, socially responsible investing (SRI) is commonplace and now, some banks are focusing solely on the environment: Canada’s Citizen’s Bank offers clean air car loans and green mortages; San Francisco’s New Resources’ Bank offers clients home solar panels with just a monthly bill; and the One Earth Bank in Austin, Texas will lend to sustainable food and alternative energy companies.

In this video, we talked Mark Coffey, president of the green banking veteran Shorebank Pacific (founded in 1997) about loaning to green builders, credit cards that help salmon spawn and their triple bottom line approach.