In a world increasingly focused on environmental and social responsibility, the role of banks in shaping a sustainable future has become more important than ever. Ethical banks, green banking practices, and responsible investments have emerged as powerful tools for individuals and businesses to align their financial choices with their values. One prominent player in this movement is Panorabanques, a bank that offers a range of ethical banking services and responsible investment options. In this comprehensive guide, we will delve into the world of ethical banking and explore the offerings and principles of Panorabanques.

Panorabanques: A Beacon of Ethical Banking

Panorabanques is at the forefront of the ethical banking movement, offering a suite of financial products and services designed to promote environmental and social responsibility. Founded on the principles of sustainability and solidarity finance, Panorabanques aims to empower individuals and businesses to make a positive impact through their financial choices.

Let’s explore some of the key offerings of Panorabanques:

1. DISTINGO Bank – GREEN Term Account

• Opening of the term account free of charge.
• An investment for the environment with a fixed rate of 2.6% for 10 months.
• Capital remains available 7 days a week, 24 hours a day.
• Investments are guaranteed thanks to the Deposit Guarantee Fund (FGDR).

2. Helios – Ethical Account

• Offer at 6€/month.
• Real-time operations tracking.
• Saving for the climate with the Future Booklet.
• Support for climate protection.
• Promo offer: 3 Months Free.

3. Onlyone – Impact Account

• Offer at 6€/month.
• An ecological neobank with aggregation of all your bank accounts.
• 2 months free with the code PANORABANQUES.
• Promo Offer: 2 Months Free with Code.

4. Lydia – Green Card

• Offer at €7.90/month.
• Personalized bank card with virtual bank cards.
• Accounts shared with 2 or more individuals.
• Promo Offer: 1 Month Free.

5. Boursorama Banque – Ultim Offer

• Free bank card made from recycled plastic.
• Sustainable and Solidarity Development Booklet (LDDS).
• Eco-responsible Personal Loan.
• Promo Offer: 100 Free.

These offerings exemplify Panorabanques’ commitment to providing financial services that are not only customer-centric but also environmentally and socially responsible. Customers can choose from a range of options that align with their values and contribute to a better world.

Choosing an Ethical Bank for Your Current Account

For individuals looking to reduce their carbon footprint and support causes close to their hearts, opening a current account with an ethical online bank is a compelling option. Let’s explore some of the ethical online banks available:

1. Helios – The Eco-Digital Bank:

• Founded in 2020, Helios is an eco-digital bank committed to addressing climate change.
• Offers both individual and joint accounts with French IBANs.
• Provides a range of features, including a wooden Visa card, free payments in the Eurozone, and discounts with socially responsible companies.
• Also offers the “Livret Avenir,” a savings account that funds projects for the energy transition.

2. Green-Got – The Green Bank:

• Established in 2020, Green-Got focuses on environmental protection and energy transition.
• Offers a subscription at six euros per month, including a French or Belgian IBAN, a Mastercard made of recycled materials, and free and unlimited payments in France and abroad.
• Account holders can soon access the Green-Got Planet life insurance, investing in environmentally friendly projects.

3. OnlyOne – The Ecological and Ethical Bank:

• OnlyOne is dedicated to changing financial habits and promoting ecological awareness.
• Features the “Eco-Coach” program, which calculates the CO2 footprint of each purchase and suggests less polluting alternatives.
• Offers current accounts with French IBANs but does not provide checkbooks or overdraft facilities.

4. Lydia Green – The Cooperative Banking App:

• Lydia, in partnership with the cooperative bank La Nef, offers the Lydia Green current account.
• Priced at 7.90 euros per month (or 3 euros for those under 25).
• Includes a bank card, unlimited monthly transactions, free withdrawals, and 20 virtual card creations per month.

5. Easy Green by Bunq – Carbon-Neutral Banking:

• Bunq, an online bank, offers Easy Green, a current account that promotes carbon neutrality.
• Features include planting a tree with every 100 euros spent, a metal card that lasts six years, and the option to earn interest on your current account.
• Bunq does not offer traditional savings products but allows you to donate interest to selected charities.

These ethical online banks offer a range of services and features that cater to environmentally conscious individuals and those seeking to support socially responsible initiatives. By choosing such banks, customers can align their banking activities with their values while also contributing to a more sustainable future.

Investing Ethically with Panorabanques

Ethical banking is not limited to current accounts and savings products; it extends to responsible investments that promote sustainability and positive societal impact. Panorabanques provides several avenues for individuals to invest ethically and socially responsibly. Here are some options:

1. La Nef: A Cooperative Bank for Ethical Investing

• La Nef, established in 1988, is the oldest social and solidarity cooperative bank in France.
• It collects funds from savers and lends them to projects with ecological, social, or cultural objectives.
• La Nef emphasizes transparency and publishes an annual list of its investments.

Investment Options:

• Livret B: A taxable savings account accessible with a minimum deposit of ten euros. The interest rates are 0.05% for deposits below 15,000 euros and 0.03% for amounts exceeding 15,000 euros.
• Term Accounts: Available for durations ranging from twelve months (0.10% interest) to seven years (0.20% interest).
• Buying Shares: Savers can become shareholders of La Nef by purchasing social shares.

2. Integrating ISR or ESG Funds into Your Life Insurance

• Integrating Environmental, Social, and Governance (ESG) or socially responsible investment (SRI) funds into your life insurance policy is another way to invest ethically.
• These funds consider environmental, social, and governance criteria when selecting investments, aligning your portfolio with sustainable goals.
• Brokers such as Goodvest, Nalo, and Sicavonline offer options for constructing a 100% ethical insurance policy or incorporating labeled funds into a standard policy.

Comparison of Ethical Investment Options with Brokers:

• Goodvest: Offers unit accounts from socially responsible companies selected by Goodvest, with fees ranging from 1.7% to 1.9%.
• Nalo: Provides ETFs (Exchange-Traded Funds) with ISR or ESG labels, with fees ranging from 0.85% to 1.65%.
• Sicavonline (KOMPOZ): Presents ETFs with ESG criteria, and the minimum investment is 100 euros. It also offers a 500 euros reward for new subscriptions.

3. Participating in Crowdfunding for Ethical Projects

• Crowdfunding, a form of participatory financing, allows individuals to directly fund specific projects. These projects often focus on environmental and social initiatives.
• By participating in crowdfunding, you can lend money to businesses or projects and earn interest on your investment.
• Platforms like Miimosa, Lendosphere, and Enerfip facilitate crowdfunding for projects such as solar panel installations, wind turbines, and more.

Investing Responsibly for a Sustainable Future

As the financial world continues to evolve, individuals and businesses have a unique opportunity to shape a more sustainable future through ethical banking and responsible investment. Panorabanques, along with other ethical banks and financial institutions, offers a range of products and services that empower customers to make a positive impact on the environment and society.