South West Mutual

Banking on a Just Transition: Why small is beautiful and money is mutual

Tony Greenham, CEO of South West Mutual

An Environment and Sustainability Institute research event
Date4 February 2021
Time13:00 to 14:00
Placezoom

If you are not on our ESI mailing list and would like to attend this talk, please contact esidirector@exeter.ac.uk

An ill-fated advertising campaign by Barclays Bank in 2000 proclaimed the virtues of being big, at the same time that rural branches were being slashed, and the CEO was enjoying a massive pay rise. Eight years later, Barclays was days from collapse during the global financial crisis and implicated in various mis-selling scandals. Over the past few years, 4 of the top 5 UK banks have continued pouring over £50bn a year into fossil fuels.

If the challenge of our time is a socially just transition to a net zero society - what kind of bank is best suited to that purpose?

South West Mutual is seeking to establish the region’s first purpose-led mutual bank. Join us to discuss why money is a social relationship, not a commodity, and why smaller banks can serve the parts of the economy that big banks cannot reach.

Tony Greenham is the Executive Director of South West Mutual, a member of the Banking on a Just Transition steering group, a Senior Fellow of the Finance Innovation Lab, and was previously Director of Economics at the Royal Society of Arts, and Head of Economics and Finance at the New Economics Foundation.


ProviderEnvironment and Sustainability Institute
Speaker(s)Tony Greenham, CEO of South West Mutual
Registration informationIf you are not on our ESI mailing list and would like to attend this talk, please contact esidirector@exeter.ac.uk
CostFree
OrganizerEnvironment and Sustainability Institute
Tel01326259490
Email

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