Portfolio Earth
Portfolio Earth is a collective of individuals working to highlight the finance industry’s harmful impact on the environment. It raises awareness of the banking sector’s contribution to environmental degradation with issues including the global biodiversity crisis and plastic packaging pollution.
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OVERVIEW
Portfolio Earth is an initiative born out of rising concerns that our finance sector is not taking the human-induced sixth mass extinction seriously and is actively providing capital to sectors that governments and scientists agree is deemed harmful to biodiversity, human rights and Indigenous sovereignty. Portfolio Earth aims to bring together diverse voices to amplify the pressure that is mounting upon the finance industry and its role in bankrolling extinction, find new ways to tell this story, and double down on the changes required to achieve it.
Through impactful campaigns, thorough reports and case studies, Portfolio Earth provides key findings and expresses the consequences of bankrolling pesticides, bankrolling plastics, and subsidising and bankrolling projects that ultimately lead to extinction.
Portfolio Earth is fighting for sustainable finance by calling out the inaction of banks and governments, calling for better regulation and requesting for companies to adopt international best practice to protect biodiversity, reduce pollution and prevent extinction.
MISSION STATEMENT
Portfolio Earth is calling for:
- Banks to disclose and radically reduce their impact on nature and stop finance for new fossil fuels, deforestation, overfishing and ecosystem destruction.
- Governments to stop protecting banks’ role in biodiversity destruction and rewrite the rules of finance to hold banks liable for the damage caused by their lending.
- People everywhere to have a say in how our money is invested, and a right to stop banks from causing serious harm to people and planet.
FUNDING SOURCES
Although the nature of support is not explicitly stated, a list of the organisations supporting Portfolio Earth can be found here.
ORGANISATION TYPE
YEAR ESTABLISHED
LOCATION
RECENTLY PUBLISHED BY PORTFOLIO EARTH
Bankrolling plastics: The banks that fund plastic packaging pollution
Bankrolling extinction: The banking sector's role in the global biodiversity crisis
OVERVIEW REFERENCES
- https://portfolio.earth/about/
- https://portfolio.earth/campaigns/bankrolling-pesticides/
- https://portfolio.earth/campaigns/subsidising-extinction/
- https://portfolio.earth/campaigns/bankrolling-plastics/
- https://portfolio.earth/campaigns/subsidising-extinction/
- https://portfolio.earth/wp-content/uploads/2021/01/Bankrolling-Extinction-Report.pdf