Íslandsbanki: Launches carbon tracking app

  • Iceland’s Íslandsbanki to enable users to track their carbon footprint through their mobile banking app
  • The bank embedding Carbon Insights, Meniga’s inaugural green banking product into its digital banking offering
  • The tool also offers tips for users to alter their spending behaviour and boost their personal saving
  • The carbon footprint of transactions and purchases calculated through the Meniga Carbon Index
  • The Index contains the carbon intensity value of approximately 80 spending categories, as weighed against a currency unit
  • A recent survey conducted by Meniga revealed that 80% of consumers experiencing its technology
Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

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