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Green money grows

We’ve seen attempts to gain turf on the green front from a number of banks – perhaps most notably HSBC’s environmental donation campaign it started earlier this year.

Apparently this muhaha is actually taking off though – as the London Stock Exchange reports…

Experts at Co-operative Financial Services (CFS) state that greater awareness of environmental issues and the threat of climate change has led to an increase in the uptake of green financial products, suggesting a greener outlook among financial providers.

Increasing focus on socially responsible and ethical issues is leading many providers to extend their range of green products, in line with consumer demand and growing consumer awareness.