At Firefighters Mutual Bank, by operating responsibly and sustainably for over 50 years, we are able to channel our profits into doing good.
As a member, you can relax in the knowledge that your money will be managed ethically and responsibly. Your money won’t be used to support businesses that do not have the world’s best interests at heart. Because when money is invested responsibly, it can make a world of difference.
Our stringent social responsibility rules
We don’t directly invest in or lend money to industries that pollute the planet, and the money borrowed from us is not sourced from polluting industries. Ethical and responsible exclusions and policies apply to 100% of lending and investment, and 100% of Assets and Liabilities, across the whole balance sheet, and exclusions apply to 12 industries, including Alcohol, Gambling, Fossil Fuels, Tobacco, and ‘Industries that create environmental degradation, human rights abuses and labour rights violations.'
Our no fossil fuel investment policy
We do not use deposits made by our members to directly lend to, buy equity or debt in, any large-scale greenhouse polluting activities including fossil fuel exploration, extraction, production and use. This is included in our Treasury Credit Risk and Lending Risk Policy.
