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Banks plant trees for customers who opt out of paper statements

August 25th, 2009

From Green Right Now Reports

There’s a nice symmetry to this green trend that’s taken root among financial institutions. Aware that their paper-spewing tendencies carry a high carbon price (not to mention their actual price), many banks and credit companies are planting trees for customers who agree to forgo paper statements.

The latest to announce such a tree-planting project is the Kinecta Federal Credit Union in Manhattan Beach, Calif. Kinecta will make a donation to plant a tree in the Brazilian Rain Forest for every customer who converts to electronic statements between now and Sept. 30.

“Our intention is not only to show our commitment to being a green organization, but also to motivate our members to consider the positive global impact even the smallest decision can have,” said Shannon Doiron, Director of Marketing & eCommerce in a news release. “Collectively, credit union members can make a tremendous difference simply by opting out of paper statements.”


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Ethisphere announces the World’s Most Ethical Companies

April 20th, 2009

By Laura Elizabeth May
Green Right Now

The Ethisphere Institute announced its annual selection of the World’s Most Ethical Companies for 2009. The companies selected must promote ethical business standards and practices by going beyond legal minimums, introducing innovative ideas benefiting the public and forcing their competitors to follow suit.


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