Bank For Good is an platform that aims to connect individuals and companies to financial institutions that refuse to finance fuel-energy sources, including oil and gas, in the name of climate change activism. ¹

Background

Bank For Good emerged from a coalition of organizations that aimed to create a financial system that would not finance fuel energy sources like oil and gas, in order to boycott these industries in the name of climate change. It endeavored to unite banks, credit unions, and other financial institutions that were committed to a “fossil-free future.” ^{1 2}

Bank For Good was founded in light of a climate finance report, “Bank on What You Believe,” published by Ideas42, a firm offering behavioral-science consulting to left-leaning activist groups and foundations and government agencies. ¹

Activities

Bank For Good aims to connect individuals and companies to financial institutions it says are “committed to responsible banking,” which it defines not only as institutions that finance weather-dependent energies like solar and wind but also invest in community development initiatives. ¹

Bank For Good strongly urges users to close old bank accounts and move all assets to new accounts with financial institutions that support its agenda. It then recommends users tag their old bank(s) on social media with an explanation of why they are closing their accounts, as well as to inform their friends and family on social media to encourage the growth of its movement. ³

Affiliations

As a network rather than a banking service provider itself, Bank For Good has a directory of the banks, credit unions, and other financial institutions that support its agenda. As of 2026, it listed 50 such institutions. ^{4 5}

The baseline standard for a financial institution to be admitted into the directory is whether it is committed to a “fossil-free” future, meaning it actively divests from companies related to oil, gas, and coal extraction. The degree and method of this divestment changes depending on the self-defined financial framework of the institution in question. Users can additionally filter the financial institutions based on whether they are “Black-owned or led,” “Latinx-owned or led,” “Focused on Clean Energy Financing,” or are a “Community Development Financial Institution (CDFI).” ^{4 5}

Bank for Good also looks for more financial institutions to support and asks users to fill out a form to give recommendations. ⁴

Partnerships

As of 2026, Bank For Good was partnered with Mighty Deposits, Presente.org, Provoc, Sunrise Project, Third Act, Green America, and Hive Fund. ¹

Bank For Good was an official partner of the Climate Finance Fund, a now-shuttered philanthropic platform that served to facilitate capital investments in weather-dependent energy projects, with a focus on initiatives in China, the European Union, and the United States. Climate Finance Fund helped launch the Bank For Good platform and its accompanying campaign. ²

1. “Who We Are.” Bank For Good. Accessed March 23, 2026. https://bankforgood.org/who-we-are/.
2. “Climate Finance Fund.” Climate Finance Fund. Accessed March 23, 2026. https://climatefinance.fund/. Archive: https://web.archive.org/web/20251209162314/https://climatefinance.fund/.
3. “FAQ.” Bank For Good. Accessed March 23, 2026. https://bankforgood.org/faq/.
4. “Why These Banks.” Bank For Good. Accessed March 23. 2026. https://bankforgood.org/why-these-banks/.
5. “Search Good Banks.” Bank For Good. Accessed March 23, 2026. https://bankforgood.org/search/?state=all&location_preference=none&address=.