Archive for green money

What is Global Giving?

July 13, 2009 · Filed under green money · Tagged

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What is Global Giving? 

  • GlobalGiving.co.uk is a web based charity that directly supports vetted grass root charity projects in over 70 countries throughout the world.

 

  • GlobalGiving.co.uk ensures a direct impact by sending donations straight to the chosen project and provides communication between the donor and the project through regular email updates.

 

  • Donations can start from just £5.

 

  • GlobalGiving.co.uk offers an alternative to traditional gift giving. Gift vouchers are sent to the gift recipient who can then choose which project to donate to.  The value of the gift can be split between a number of projects. GlobalGiving.co.uk also offers a wedding list service.

 

  • Established projects often struggle to get continuous financing, the GlobalGiving.co.uk online marketplace concept means that projects receive funding for their lifespan.

 

  • All projects and organisations are vetted to ensure they are genuine, proper and charitable, meaning donors do not have to worry about their donation getting straight to the project.

 

  • 90% of all donations go direct to the project with just 10% going towards GlobalGiving.co.uk’s own charitable costs. These costs are sourcing, researching and vetting projects, promoting the website, credit card processing, foreign currency exchange and transaction costs and Gift Aid processing costs.

 

  • GlobalGiving.co.uk works with a range of UK, developing world and overseas charities of all sizes from well know organisations such as VSO to small projects such as Trans Tanz, a free bus service in Tanzania that transports people with HIV/AIDs from villages with no healthcare system to hospitals.

 

  • All projects are run locally by dedicated project leaders.

 

  • Online fundraising has been growing in excess of 50% a year in the USA and the UK.

 

  • GlobalGiving.co.uk’s partners and corporate sponsors include CAF, Venturesome, the Travel Foundation, Expedia, Google and PayPal 

 

  • The GlobalGiving concept was established in 2001 in the USA, it has since generated over $12 million to fund more than 1000 projects worldwide.

 

  • GlobalGiving.co.uk was launched in September 2008 and aims to replicate the success of the American website by offering UK donors the opportunity to donate directly to grass root projects.

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Money saving tips- a step too far?

April 27, 2009 · Filed under green money · Tagged , ,

Recently there has been a lot of discussion surrounding certain ideas for saving money.  Incidentally whilst they were titled money saving ideas they were also good tips to reduce Co2 emissions.  Prior to the credit crunch where green was the new black, Ethical and Green think this would have had a more eco-friendly title.  How fickle we are!

Money Central published an article that took the ‘ten dumbest money saving tips’ from a number of websites and blogs.  These tips included cutting your own hair and wearing clothes several times before washing them.  The tip that seems to have sparked the most controversy was investing in a portable bidet to save on toilet paper.  Certain readers felt that in fact this is a good idea and pointed out that most countries in the world use water to clean instead of paper.  Some people felt it was unhygienic.  Most people failed to point out that cutting down on toilet paper is actually better for the environment.

For Ethical and Green’s top tips to save money and help the environment click here.

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Green Credit Cards Part 2

October 18, 2007 · Filed under Carbon Dioxide emissions, CO2 emissions, green credit cards, green money · Tagged , , , , , , , ,

As promised we’ll be looking at some green/ethical credit cards in this post.  It can be a minefield trying to figure out which credit card to opt for and whether or not to get an ethical or green credit card.  The purpose of this post is not to make that decision for you but to show you what’s out there.  You’ll have to think about if they work for you.

barclaycard breathe

Firstly we’ll look at Barclaycard’s Breathe credit card.  As the name suggests it is aimed at trying to tackle climate change.  In fact the tag line for the  credit card is ‘The card that donates 50% of profits to projects that tackle climate change.’  So what does it offer?  As the company tells us-

’50% of net profits after tax (independently reviewed) from Barclaycard Breathe will be donated to Pure, the Clean Planet Trust (Registered Charity No. 1112249), to fund government-approved environmental projects. Minimum donation of £1 million in the first year.’   Alongside this Barclaycard Breathe is involved in other projects throughout the globe. In Great Britain the company is involved in the Solar4schools programme aiming at funding the use of solar power in schools.  As we know this is a green form of energy and can help reduce our carbon footprint.  In Brazil the project surrounds renewable energy and forest preservation.  ‘This project is a power plant that uses sustainably harvested wood as a fuel, replacing electricity from polluting diesel generators. The result of this is that renewable energy is generated for Itacoatiara – an area in the Amazon with a population of around 80,000.

As well as reducing emissions, the project’s main environmental benefit is that it protects an area of forest of around 1,800 square miles – roughly three-times the size of Greater London.’    Sounds good to me……In China Barclaycard Breathe is supporting the Shimenping project which will reduce carbon emissions by around 67,000 tonnes per year: equivalent to the domestic energy emissions (i.e. gas and electricity) of around 12,000 UK homes!  As it is clean energy it will also improve respiratory health for local people.  Elsewhere in China Barclaycard Breathe are promoting the use of wind turbines.  They hope that ‘this will reduce carbon emissions by around 50,000 tonnes per year: equivalent to removing about 17,000 average British cars off the road every year.’

Barclaycard Breathe offers a typical APR of 14.9% with an offer of 0% interest balance transfer for the first six months and a 5.9% purchase rate on public transport, although this excludes Transport for London.

If all this wasn’t enough they are also offering discounts on certain UK holidays such as Centre Parcs (to cut down on holiday travel), Ecotricity (green electricity) and Ecoelectricals to name but a few.  Check out the website www.barclaycardbreathe.co.uk for more information.

Next up we’ll look at the American Express Red credit card.  Most of us probably know about the RED programme and we’ll be looking at this further in another post.  For now we’ll focus on the credit card…..

Everytime you spend money on the American Express Red credit card it will donate 1% of the total to the Global Fund.  The Global Fund helps fight AIDS in Africa.  There is no annual fee and the Annual Typical rate is 16.9%.

Alongside the donation to the Global Fund there are other benefits such as REDdeals on boutique hotels, resturants and other fun past times!!  You can also earn REDtreats.  Worth a peak?  If so take a look at their website http://www.americanexpress.com/pes/uk/benefits/red/microsite/features.shtml.

Hope you have found this useful.  We’ll be looking at some more green/ethical credit cards soon!

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A Greener Tesco

October 15, 2007 · Filed under Carbon Dioxide emissions, CO2 emissions, Companies going green, green money, socially responsible investing · Tagged , , , , , , ,

Welcome back!  Today we’ll be looking at how another UK superstore giant is doing all it can to cut its CO2 emissions and become carbon neutral.  Tesco are aiming to halve their energy use by 2008.  They have also made a number of pledges outlined below.

  • To reduce the number of bags they issue by 25% by 2008.
  • To choose local produce (this helps local business and cuts down on the number of food miles travelled)
  • Cutting down on waste by reducing, reusing and recycling.  They also aim to reduce packaging by 25% by 2010.
  • By 2010 their stores will use 50% less energy than they did in 2000. They’re also spending £100 million to help switch to renewable energy.
  • They are also investing £25 million to help find ways for everyone to live a more sustainable life.

In February 2007 Tesco was the first UK retailer to sign up to the UK Government Voluntary Code on carrier bags.  Their bags are fully degradable and you can earn green clubcard points if you return your carrier bags.  These points can then earn you money off your grocery bills.  Everyone wins!! 

By 2008 Tesco aim to recycle 80% of waste from their stores.  Every store has bins for recycling a variety of products and to make it easier they have a machine that automatically sorts the waste so you don’t have to!  So, when you next do your weekly shop you can do your recycling as well.  It’s not only the usual plastics and glass you can recycle but ink cartridges and mobile phones as well.  For every mobile phone you recycle you get 300 green club card points for each one that works and 50 points for one that doesn’t.  Ink cartridges will earn you 100 clubcard points.

So how are Tesco reducing their CO2 emissions?  Well they are fighting the battle on a number of fronts.  As they explain ‘In 2006 we cut our C02 emissions by 10% on each case of goods delivered to our stores. We want to cut this by 50% over the next five years. How? Well our lorries and vans hardly ever travel empty, and we’re using more and more double decker trailers which carry more products per journey. We’re also taking more lorries off the road and delivering by rail. We’

 

ve also recently started to use canals to deliver goods.’  As well as this they are using battery powered vans for their home delivery.  Tesco calculates that this will save them 21 tonnes of CO2 a year.

Interestingly Tesco is also involved in developing the green technologies of the future. 
‘We’ve set up a £100 million Sustainable Technology Fund to find more practical ways to use renewable energy like solar and wind power, and to help develop the green technologies of the future. For example we’

 

re investing in a technology that could turn food waste into power.

We’

 

re working with the Carbon Trust and Brunel University to develop trigeneration combined heat and power technology (which captures and reuses heat) for our stores and distribution centres that could save over 10,000 tonnes of CO2 a year.’

The more you read about Tesco the more you get the feeling that they are 100% dedicated to helping the environment.  They have teamed up with several UK universities to fund research into how we can all cut down our CO2 emissions and become carbon neutral.  Next time you are shopping in Tesco take a moment to contemplate what is going on behind the scenes to help save the planet.  They are taking big steps, like funding research and small steps such as reducing the number of labels they put on clothes to name just one.  It’s good to see yet another massive company taking climate change seriously.

Just in case you think this might be a plug for Tesco I’ll also be looking at other UK supermarkets and investigating what they are doing to save the planet.  If you do want to find out more about Tesco check out their website here
and look for Greener Living.
Remember also thatTesco.com – groceries from your local store delivered to your door therefore cutting down on your carbon footprint!

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A Green Marks and Spencer

October 14, 2007 · Filed under Carbon Dioxide emissions, CO2 emissions, Companies going green, ethical fashion, Fairtrade, green money, socially responsible investing · Tagged , , , , , , , , , ,

 

 A while ago I reported how Vodafone had put in place an ethical policy and now it’s time to take a look at Marks and Spencer.   The company has both a green policy for its money products, such as insurance and also its clothing range.  Alongside this the company is committed to becoming greener and more carbon neutral.

Firstly lets take a look at Marks and Spencer’s clothing range.  As we reported in the Fairtrade section cotton was next on the list to add to Fairtrade products.  M&S are now stocking Fairtrade cotton products such as T-shirts and shirts.  They are also stocking recycled and organic clothing.  Hats off to them for having such a range of environmentally friendly and ethical products!

Large Recycling Bin

 

 

 

 

 

 Aside from the clothing range they are also stocking a range of home products to make recycling easier for us.  Products include such items as split compartment bins to make recycling easier and compost bins.  They are also using recycled materials for some of their products such as a bin made out of recycled newspapers!  What’s more the products are affordable so people won’t be put off by the price tag which can happen with ethical and green products.

Next to the companies green policy.  At M&S they are calling it ‘Plan A.‘  To quote from their website it is aimed at ‘working with customers and suppliers to make our UK and Republic of Ireland operations carbon neutral, send no waste to landfill, extend our sustainable sourcing and help people to lead healthier lifestyles –

 

without passing on the extra cost to customers.’  Excellent news!  A leading UK high street store with a clear ethical and environmental policy!! 

Plan A is a five year, 100 point plan and it hopes to involve the customer at all levels.  Basically the plan looks at five areas, climate change, raw materials, healthy eating, waste and being a Fair Partner.    Under climate change M&S will try to cut CO2 emissions and become carbon neutral.  Raw materials looks at using materials from sustainable sources whilst healthy living is about giving people the opportunity to eat well.  Under waste the company is aiming not to send waste to landfill sites and ensure that its customers do not need to throw away their products.  Finally, being a Fair Partner aims at trading fairly and improving the lives of people in the local community and along the supply chain.

 

So how are M&S doing?  Earlier this month they opened an ‘eco-store’ in Bournmouth.  As they describe it :

‘The remodelled store boasts a host of eco features. It is being powered with green renewable electricity, uses energy efficient lighting and has a ‘green’ roof. As a result of these features the store now uses up to 25 per cent less energy than before the refurbishment and emits up to 95% less carbon dioxide than a similar-sized M&S store. ‘

M&S have also changed to using renewable energy in all its stores.  As they report ‘

M&S has secured 100 gWh of renewable electricity from NPower. This will be used to supply all 200 of our Simply Food stores in England and Wales, head offices Waterside House and Stockley Park, as well as our Bournemouth ‘green’

 

store. This will reduce our carbon emissions by 24,000 tonnes a year. We have also secured 75gWh of renewable energy to power all of our Scottish stores.’

The list goes on about the steps the company are taking.  If you want to learn more go to the Greener Living section of their website by visiting Marks and Spencer online. Click here.

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Why being an ethical and green business matters

October 14, 2007 · Filed under Companies going green, green money, socially responsible investing · Tagged , , , , ,

Being socially responsible is now a priority for most companies.  With climate change and ethical investment now in the public eye companies need to keep up or risk losing out.  Lots of companies have schemes in place to help the local community by volunteer schemes or hosting charitable events.  However these have been a ‘bolt on’ and not necessarily a reflection of underlying ethical motives.

Job seekers as well as investors are now demanding a certain level of social responsibility from companies.  No longer can they just bolt on certain schemes as people want evidence that the company cares for people and the environment.  Being socially and ethically responsible needs to be woven into the very core of business. If this is not evident talented individuals and investors will look elsewhere for these indicators.  Being socially and ethically responsible shows that a company is forward thinking and willing to embrace change and respond to the desires of its employees and customers.

Business in The Community (BiTC) has shown that companies are responding and changing their ways.  It has reported that more than 80% of FTSE 100 companies and 60% of FTSE 250 companies have ethical policies in place.  In fact some businesses employ people to educate their staff about how to be more carbon neutral at work by, for example, switching off your computer monitor.  This is a win win situation for businesses as it shows a concern for climate change and saves money on their electricity bill!!

Corporate social responsibility (CSR) is increasingly important when trying to recruit staff.  A recent survey reported that 96% of people would be more likely to accept a job from a CSR conscious business and 58% of people would actually leave a job that did not have a CSR policy.  That’s certainly food for thought.  BT have also done some surveys and found that for around 30% of 20-30 year olds, working for an ethical and socially responsible company is more important than salary.  A director at Origin HR, who run the graduate programmes for several investment banks, has found that graduates will now investigate how companies rank in terms of being environmentally friendly and ethical.

So if you are looking for a new job or own a business yourself make sure there are ethical policies in place and get involved!

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Ethical Finance

October 8, 2007 · Filed under Ethical Finance, green money, socially responsible investing · Tagged , , , , , ,

1984 saw the arrival of the first UK Ethical Fund.  An ethical fund invests in companies that give something back to the community.  This can be in the form of creating a product that is of benefit to members of the community such as hearing aids for the deaf or that puts money back into the community.

Green funds on the other hand invest in products, services or processes that help the environment.  Beware, a green fund may also invest in companies that are not ‘ethical.’  If you are unsure it’s best to consult a financial advisor and stipulate what exactly you are looking for.

As I’ve mentioned before, green and ethical funds are on the up.  However, if you are looking to invest your money it’s good to way up the pros and cons of soley investing in one particular type of fund.  The Co-operative Bank give lots of useful information so take a look at their site for more info.

Over the last few months so called ‘green’ and ‘charity’ credit cards have taken a beating from some financial advisors.  Some people feel that the rates you get from a green/charitable credit card are not as good as those from ‘normal’ credit cards and that you would be better off taking a ‘normal’ deal and having a monthly direct debit to charity.  What are other people’s thoughts on this?  Would be good to have your opinions………..

 Over the next few weeks I’ll take a look at who are offering ethical and green funds and what the benefits are.  If you have any tips feel free to post a comment.

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