Most people don’t put that much thought into where they bank. Do you? Do you choose a bank because it’s convenient? Is it simply somewhere your family has always banked? Do you look for the best interest rates? You probably haven’t considered how your bank invests the money you deposit in your savings or checking account(s). The majority of big banks are investing your money into fossil fuels.
Today’s guest—Ravi Mikkelsen—is the founder of Atmos Financial, a bank that ensures your deposits only fund climate-positive investments like renewable energy projects. Switching banks may sound like a hassle, but it’s likely easier and far more impactful than you think. In this episode of Invested in Climate, Ravi shares how Atmos Financial works and how you can make an impact with your money.
In today’s episode, we cover:
[3:11] What led Ravi to found Atmos Financial
[7:11] How Ravi navigated some bumps in the road
[10:40] Lean how Atmos Financial works
[15:50] Why should you consider Atmos Financial?
[18:34] Does divestment from fossil fuels make a difference?
[20:34] Most people don’t think twice about where they bank
[26:28] Learn the ins and outs of banking with Atmos Financial
[29:58] How the debit card works (cashback + roundup program)
[32:10] Why they have the ability to offer higher savings rates
[33:55] How to get started with Atmos Financial
[35:32] What else can listeners do to invest in climate?
[41:15] What’s happening next with Atmos Financial
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Invested in Climate aims to help people do more to address climate change through work, investment, learning, lifestyle, and activism. Podcast hosted by Jason Rissman. If you like what you hear, rate us on your listening platform & share!
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