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Home Start Again Finance News Start Again Finance Ethical Start Again FinanceBank Accounts Start Again FinanceConsumers 'would Pay More To Go Green'

 
 

Consumers 'would Pay More To Go Green'

(17th April 2008)

Consumers 'would Pay More To Go Green' Looking for an ethical banking provider could become more popular, as 40 per cent of UK consumers have said they would pay ten per cent more for environmentally-friendly goods.


According to research from online bank cahoot, women are more likely than men to choose green goods, while retired people are the most ethical conscience when it comes to shopping - with 72 per cent of those aged over 65 making an effort to buy green goods.

Director of cahoot Matthew Timms commented: "Making the most of supermarket special offers and cash back deals will help those who wish to continue to help the environment in a tangible way."

He added that green banking can be achieved by choosing a paper-free account with internet-based statements. Some accounts also offer rewards for environmentally-friendly behaviour.

Meanwhile, as the first green unit trust for retail investments, Jupiter had noted that ethical investing "remained very positive" in the current financial conditions.ADNFCR-1145-ID-18556187-ADNFCR


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