IT BEGINS: MAJOR BANK MOVES TO COMBAT CLIMATE CHANGE WITH UNPRECEDENTED TRACKING TECHNOLOGY

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Read More: https://summit.news/2022/10/21/australian-bank-begins-linking-customer-transactions-to-carbon-footprint/

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Summit News reports, The Commonwealth Bank of Australia (CBA) has partnered with Cogo, a company that provides “carbon management solutions,” to introduce this new feature. The bank offers customers the option of offsetting their carbon footprint with a fee, with the average listed as 1,280 kilograms, which is far greater than the ‘sustainable’ figure of 200 kilograms.

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