FinTech Magazine May 2025 | Page 136

ECOLYTIQ

ECOLYTIQ

HEADQUARTERS: MIAMI NUMBER OF EMPLOYEES: 51-200
inspiring climate action through green financial products. David notes the importance of going beyond mere carbon footprinting:“ Banks cannot just simply stop at carbon footprinting and call it a day.
“ Climate engagement needs the entire sustainability value chain – from awareness of personal impact, to engagement with climate education, and action through investment and carbon credits.”
His data-sharing philosophy is straightforward:“ At ecolytiq, we say‘ data sharing is climate caring’. We need to collaborate globally to start sharing environmental data to really build a transparent supply chain. My Scope 1 & 2 emissions are someone else’ s Scope 3, and the other way around.”
Consumer demand driving change Research from ecolytiq’ s partner Tink reveals a clear gap between consumer expectations and banking services.
“ 40 % of people surveyed in the UK want their bank to offer tools to help track their environmental impact, yet only 24 % of banks currently offer such services,” David notes.
This disconnect represents both a challenge and an opportunity.
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