Carbon footprint service
Fight against climate change
with financial data
Customers are more concerned than ever with their carbon footprint and the impact they have on the environment. In many sectors, the adoption of ambitious plans to reduce carbon emissions is underway and also financial institutions can play a key role in achieving a climate resilient world. Banks can help customers track their carbon footprint with a tool. The main objective of a carbon footprint tool is to support lifestyle changes, by setting a carbon budget and saving money by categorizing the consumptions done by end customers while helping the world to be more sustainable and leading to lower CO2 emissions. But working out a proper carbon footprint tool and measuring it accurately can be very complex.
How can we be sure about the correct CO2 weight? Open banking gives banks new opportunities by using the financial data to estimate the customer’s carbon footprint. How does it work? Read our case study to learn more about our Green Banking solution.