Revolut partners Watershed to track carbon emissions

Financial services app Revolut is partnering with Watershed to step up its global sustainability efforts around carbon emissions.

After confirming its carbon footprint data using Watershed's reporting systems, Revolut’s goal is to develop a programme to manage its emissions “down to the minimum achievable”, in line with the Paris Agreement targets.

The company aims to confirm its current carbon footprint by the end of this year.

Alan Chang, chief revenue officer of Revolut, said: “As the world evolves and the lifestyles of people change, more and more citizens are realising that they too have a responsibility to the planet and to look after the place in which we all live.

“We want to help make the shift towards a more green future a reality, Watershed will help us reach our sustainability goals.”

Taylor Francis, co-founder of Watershed, added: “We aim to accelerate the fight against climate change by building tools that modern organisations, such as Revolut, need to get to zero carbon fast.”

Earlier this year, Revolut - which has 16 million customers globally - joined Tech Zero, an initiative gathering British and global tech companies who have committed to driving sustainability through technology, data and science.

Other Watershed customers include Airbnb, DoorDash, Shopify, sweetgreen and Everlane.

    Share Story:

Recent Stories

The Future of Intelligent Finance
FStech Group Editor Mark Evans sits down with Jason Cao, President of Global Financial Services Business Unit, Enterprise BG at Huawei ahead of its Intelligent Finance Summit which was held on 3rd and 4th of June in Shanghai. This Q&A delves into key trends in digital transformation of the financial services industry as well as a look at how data, robotic infrastructure, intelligent storage and innovative technologies are shaping the future for FSIs.

The Rise of Instant Payments
Instant payments are creating new business opportunities for banks by providing more touchpoints than ever. With these evolutions underway, Featurespace brought leading industry experts together to discuss how they are protecting customers from fraudsters in real time, utilizing innovative and disruptive solutions to reduce fraud. Click here to find out more.

Offloading Cyber Risk in the Cloud
As cyber attacks and data breaches are in the news on an increasingly regular basis - with regulatory penalties and customer trust on the line for financial services firms - it has never been more crucial to be compliant in the cloud.

This video, with Akamai’s EMEA director of security technology and strategy Richard Meeus, will help explain what your company can be doing to make sure it’s not embroiled in the next big fine or front-page scandal.