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Brits Want More Action to Tackle Climate Change - 4th April

Flooding

75% of UK adults think that more needs to be done in order to tackle climate change, with this opinion only having changed as a result of the events of last year. (According to a new study from Triodos Bank).

3 months on from some of the worst floods the UK has experienced in a generation, which experts agree were at least partially caused by unprecedented weather patterns. The study shows that 37% of people see climate change as a threat to them and their family. Only 24% don’t think climate change is a threat, while 28% are unsure.

Asked whether events in 2015 such as the Volkswagen emissions scandal, the UK floods and the historic COP21 agreement had changed their attitude to sustainability, 45% of people said no claiming there were more important issues. While 55% said such events had changed their outlook, the high number of people still disconnected with environmental issues is surprising, especially given the scientific consensus around December’s floods, which cost the UK economy an estimated £5 billion.

Only a quarter of people made a connection between the impact of what people save and invest in and climate change. Asked whether they thought the money people save or invest has an impact on climate change and the environment, 25% said no, while 24% said it could. A further 52% of people were undecided on the issue.

Huw Davies (Head of personal banking at Triodos) stated “Three months ago we saw some of the worst floods in this country’s history. Meanwhile the Arctic experienced its warmest winter on record, with temperatures reaching 16 C above seasonal averages.

“While there is clearly a divide of opinion over the severity of climate change, there is a growing awareness for the subject. Our research tells us most people would like more to be done on the issue and that attitudes are changing – and fast. What many don’t realise is that how they save and invest is actually one of the most powerful ways they can make a difference.

”By demanding transparency from banks and financial institutions about where money is being invested, and by choosing ethical funds over non-ethical, consumers can do their bit to secure the future of the planet.”

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