Banks and their customers are navigating the challenges faced by climate change and the cost of living and energy crises.

Cogo, a fintech which collaborates with banks to assist customers in decreasing their carbon footprint as a carbon footprint management firm, is partnering with Eliq, a company that specializes in making sense of energy data. The partnership aims to provide information and support for banking customers as they deal with the challenges posed by climate change and energy crises.

According to recent research conducted by Cogo, 58% of individuals express a desire to learn further about reducing their energy usage and increasing efficiency savings. Through this partnership, banks can help customers address these issues and improve their energy efficiency in homes.

The combination of their data, insights, and market-specific approach to carbon emissions and energy consumption will enable the two companies to offer banks distinctive intelligence, as well as offer tailored financing for home retrofitting, supported by green loans and mortgages.

The partnership will also provide banking customers with greater clarity of their personal carbon footprint and allow banks and energy companies to create better, more affordable, and impactful products that are personalized to the customer and their specific needs.

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