Cogo’s Impact team leverages the power of Environmentally Extended Input-Output’ (EEIO) models to develop country-specific spend-based carbon emission factors datasets. By connecting this to the world of financial data, we enable rapid individual and business carbon footprinting at scale.
We all have a part to play in helping to solve the climate crisis. Helping people and businesses to understand the carbon impact of their activities is the starting point for building our understanding and taking more and faster climate action. It is critical that carbon footprinting is made easier, and we believe that spend-based data is the solution.
We map spend-based carbon data to financial data such as bank and credit card transactions, enabling near-instant tracking of footprints for your customers. Being based on transactions, these footprints represent the actual behaviour of customers - rather than best intentions. And by making it as simple as possible for footprints to be calculated, we free up your customers’ time for the next and most important step - taking climate action.
We leverage the best available EEIO model in each market we operate in, to give you and your customers the full picture of their carbon footprint. The strength of EEIO models is that they analyse the emissions intensity of each and every part of the economy in a way that not only covers each industry’s direct emissions but also incorporates upstream supply chain emissions. This enables Cogo to calculate footprints that incorporate the embodied carbon of different purchases.
What we do
What we do
What we do
Here you can find a selection of all our views and updates on everything specifically to do with Carbon Data, Climate Impact and Cogo’s Impact.
Banks can use transactional data to help customers measure, understand and reduce their carbon footprint. Not only will this help drive action at scale, but implementing a carbon management strategy can help drive ROI for banks. Keep reading to find out how.
Cogo’s research reveals that the higher someone’s carbon literacy, the greater the likelihood of them taking climate action. Read our latest report to uncover these original insights and discover how banks can improve their customer’s carbon literacy.
Measuring and reporting carbon emissions is crucial for businesses. In fact, it is the first and most important step in taking climate action. So how is it done? First, you need to classify your business's scope emissions. What’s that? Keep reading to find out.
75% of banking customers say they want to know more about the environmental impact of how they spend their money. Banks that move beyond tracking their own emissions and empower their customers to do the same will reap the rewards.
We partner with internationally recognised experts in the carbon data and behavioural science spaces, who are as passionate about sustainability as we are.
"We are working collaboratively with the team at Cogo to continually improve the quality of the data, and see them as a global leader in transactional-based carbon footprint analysis”.