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


Data trust in the AI era: Building customer confidence through responsible banking
In the second episode of FStech’s three-part video podcast series sponsored by HCLTech, Sudip Lahiri, Executive Vice President & Head of Financial Services for Europe & UKI at HCLTech examines the critical relationship between data trust, transparency, and responsible AI implementation in financial services.

Banking's GenAI evolution: Beyond the hype, building the future
In the first episode of a three-part video podcast series sponsored by HCLTech, Sudip Lahiri, Executive Vice President & Head of Financial Services for Europe & UKI at HCLTech explores how financial institutions can navigate the transformative potential of Generative AI while building lasting foundations for innovation.

Beyond compliance: Transforming document management into a strategic advantage for financial institutions
In this exclusive fireside chat, John Rockliffe, Pre-Sales Manager at d.velop, discusses the findings of Adapting to a Digital-Native World: Financial Services Document Management Beyond 2025 and explores how FSIs can turn document workflows into a competitive advantage.

Sanctions evasion in an era of conflict: Optimising KYC and monitoring to tackle crime
The ongoing war in Ukraine and resulting sanctions on Russia, and the continuing geopolitical tensions have resulted in an unprecedented increase in parties added to sanctions lists.