Cogo - the carbon footprint management company that works with banks to help customers measure, understand and reduce their carbon footprint - is partnering with Eliq - the experts in making sense of energy data - to inform and support banks and their customers as they navigate the challenges faced by climate change and the cost of living and energy crises.
The combined pressure of these crises has led to an increased number of homes experiencing fuel poverty. Through the partnership between Cogo and Eliq, banks can help customers address this issue. The combined data, insights and market-specific approach to carbon emissions and energy consumption, will provide banks with unique intelligence to provide tailored financing to improve energy efficiency in homes through retrofitting, with support from green loans and green mortgages.
“We are really excited to partner with Cogo who are playing a key role in helping customers with the transparency of their carbon impact. Cogo is a market leader when it comes to using banking data to fight climate change, and by adding Energy Insights from Eliq, their offer just became a lot stronger,” says Will Ephraim, Head of Business Development, UK, Eliq.
Emma Kisby, CEO at Cogo, EMEA adds: “Energy consumption is one of the biggest contributors to people’s carbon footprint, so to be able to provide greater transparency around the impact of energy usage through this partnership with Eliq will be transformative. Not only will the partnership provide banking customers’ with greater clarity of their personal carbon footprint, but it will allow banks and energy companies to collaborate to create better, more affordable and impactful products which are personalised to the customer and their specific needs. This is a win-win for customers and the climate.”
Recent research from Cogo showed that 58% of people want to learn more about how they can reduce their energy consumption and how to make greater efficiency savings.