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.
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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”.