Cogo and Data Action announce partnership to accelerate climate-conscious banking across Australia

This partnership brings climate-conscious banking solutions to DA’s clients across Australia, with Cogo’s cutting-edge carbon footprinting technology enabling banks to provide customers with greater insight into the environmental impact of their spending.

Cogo and DA are now working together to onboard clients, so financial institutions can provide customers with real-time carbon footprint data via their banking apps. Banks can also use Cogo’s analysis of spending data to offer green financial products to support customers in reducing their environmental impact.

‍A focus on transparency and innovation

"Sustainability is still an important issue for both consumers and businesses," says Cogo’s Founder and CEO, Ben Gleisner. “Our partnership with Data Action makes it easier than ever for Australian banks to embed carbon insights into their digital banking solutions, empowering millions of customers to take meaningful climate action."

Global traction

Cogo currently works with major banks globally, including Bank of China (Hong Kong), NatWest (UK), ING Group (Netherlands), Westpac (Australia), Suncorp (Australia) and Kiwibank (NZ). Through its Carbon Management solutions, Cogo enables individuals and businesses to measure their carbon footprints based on spending habits, receive tailored recommendations to lower their emissions and track their progress over time.

"We only have one planet, and its future depends on what we do today. This partnership represents a significant step towards making carbon insights an essential part of everyday banking for millions of Australians,” concludes Gleisner.