Tandem and Cogo partner to track carbon footprint on consumer purchase

By Gloria Methri

UK’s green digital bank Tandem has joined forces with Cogo to help its customers manage the carbon footprint of their spending. Cogo will feature on Tandem Marketplace, so customers can access the retail app which calculates the carbon footprint of everyday purchase.

The partnership is set to evolve in 2023 with plans for integrating Cogo’s carbon footprint technology directly into the Tandem banking app.

Cogo recently found that over eight in 10 mobile banking users in the UK want to know about the environmental impact of their spending decisions, but they need help identifying where they can make the biggest differences.

By gaining access to data on the carbon impact of every purchase, banking customers are likely to start making small changes every day that help to protect our planet, Cogo said.

Georgina Whalley, Tandem’s Chief Impact and Marketing Officer said, “Cogo joining the Marketplace is an exciting next step allowing customers to have a clearer understanding of their own carbon footprint. We are delighted Cogo has joined and look forward to working with them to help fight the climate crisis.”

Emma Kisby, EMEA CEO of Cogo added, “Partnering with a bank so in tune with our own company values makes this an especially exciting opportunity. Tandem Bank is challenging how consumers think about finances, appealing to the next generation of greener banking customers. By offering Cogo on the marketplace, retail customers from Tandem will be able to download our Cogo app to measure, understand and reduce their carbon footprint based on where and how they spend money, helping to tackle the climate crisis.”

“We are committed to supporting the UK in banking for a greener future. The Tandem Marketplace offers a dedicated hub for consumers to start their green journey with practical advice, information, and tools to help them both save money and save the planet.