The Triple Switch for Earth campaign unites Bank Australia, Australian Ethical Super and Enova Community Energy with not-for-profit HalfCut, in pursuit of increased climate action via a triple divestment away from fossil fuel-supporting companies.
HalfCut co-founder, James Stanton-Cooke (or Jimmy HalfCut as he is also known) says “People are already doing their bit by reducing their environmental impact in small ways, like using a reusable coffee cup. Now we want to see them take it to the next level with our Triple Switch for Earth campaign.
“When people move their money away from super funds, banks and energy providers that are polluting our environment, it sends a strong message and makes a huge difference.”
About the campaign
The Triple Switch for Earth campaign encourages all Australians to stop supporting fossil fuel industries by switching their super, banking and energy provider to Australian Ethical, Bank Australia and Enova.
Stanton-Cooke says “It only takes 15 minutes to start the Triple Switch for Earth, but the impact can last a lifetime.
“And with companies like Australian Ethical, Bank Australia and Enova, it’s never been so easy to put our money where our mouths are and make a positive impact for our planet.”
How it works
1. Sign up at tripleswitch.org.au
2. Switch to Australian Ethical, Bank Australia and Enova Energy
3. Share with your friends and family
Why it’s important
Stanton-Cooke explains that “Every second we lose a football field of rainforest worldwide and with more than 50% of forests around the world already destroyed, it’s never been more important to act.
“That’s why we’re so excited to be working with our ethical partners and to tackle deforestation and the climate crisis with one simple – yet meaningful - triple switch.”
Australian Ethical, Bank Australia and Enova are three companies committed to a sustainable future. As part of the campaign, they will be helping to raise awareness of deforestation both in Australia and around the world.
Fiona Nixon, Bank Australia Head of Strategy and Communications shares “Triple Switch for Earth is about divesting from industries that do harm but it is also about creating a movement of people using money as a force for good to create a better world.
“We want people to understand that their money has power and they have choices with it, regardless of how much or how little they have.”
In August Bank Australia raised over $145,000 for HalfCut, matching donations up to $20,000 and protecting over 56,000 sqm of land in the Daintree Rainforest.
About Australian Ethical
Australian Ethical is Australia’s leading ethical investment manager. Investments are guided by the Australian Ethical Charter with its portfolios producing 75% less carbon emissions than traditional portfolios. It recently divested its holding in Marsh & McLennan for its continuing support of Adani.
During the Triple Switch for Earth campaign, Australian Ethical will protect two square metres of the Daintree rainforest for life on behalf of every new member who joins. Run by HalfCut, this buy-back initiative will return the land to the Traditional Owners, the Kuku Yalanji people to manage.
About Enova Community Energy
Enova Community Energy is Australia’s first community-owned energy social enterprise. They were created to enable a cleaner and affordable energy system available to everyone and to drive resilience in local communities across Australia.
Anyone in NSW can switch their energy to Enova or join the waitlist for when they launch in your state. With every switch, Enova Community Energy will donate $75 to buy back and return 30sqm of the Daintree to the traditional owners
HalfCut is an organisation founded by James Stanton-Cook and Jessica Clark to raise awareness and funds for the world’s remaining forests. They started the Triple Switch for Earth campaign to give people the next step in their climate action journey.
 Carbon intensity (tonnes CO2e per $ revenue) of Australia Ethical share investments compared to blended benchmark of S&P ASX 200 Index (for Australian and NZ shareholdings) and MSCI World ex Australia Index (for international shareholdings). Shareholdings as at 31 December 2019.
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