Pressmeddelande -
Flowe (Banca Mediolanum) teams up with Doconomy to track CO2 impact of everyday consumption
Emerging Italian neo EMI, e-money institution, Flowe, part of Banca Mediolanum - aiming at educating young people in innovation and economic, social and environmental sustainability - use Åland Index to offer clients tools to track and measure the climate impact from consumption. Flowe is the fourth financial Institution after Bank of Åland, Nordea and Bank of the West, and the first Italian EMI, to enable Åland Index bringing everyday climate action into the hands of their clients.
Åland Index is a cloud-based software service - provided by the fintech startup Doconomy - enabling banks, payment providers and financial institutions to offer all customers transaction-based impact calculations, guiding consumers everyday consumption towards more sustainable choices.
“Supporting Flowe’s environmental offering by providing the Åland Index is a milestone for both Doconomy and the market for financial services in Italy. Flowe is the first of the Italian e-money institutions to work with Doconomy to enable users to track the estimated CO2 impact for their every purchase. Working with Flowe’s dedicated team has been a pleasure. Our philosophies align as we both focus on engaging people for a healthier planet”, says Mathias Wikström, CEO at Doconomy.
At a rapid pace there is an alliance of the willing amongst the world’s progressive banks in the making. Reaching from the U.S in the west to Finland in the east, from Sweden in the North, to Italy in the south. With the current COVID-crises in mind, people’s interest to know their impact on the planet and how to contribute to more resilient societies and a sustainable lifestyle at large, has increased.
“At Flowe our purpose is to empower people to live a meaningful, sustainable and happy life. To concretely deliver it, we partnered with Doconomy to provide the opportunity to measure and track their purchase CO2 impact to every Flowe user. We believe that supporting sustainable choices, creating consciousness about current behaviors and removing frictions with a gentle nudge, is the concrete way Flowe aims to help our people to improve their life and take care of the planet. We truly believe that better people create a better world" says Ivan Mazzoleni, Cultural Energy Orchestrator (CEO) at Flowe, stating “Working with Doconomy was very inspiring. Their tech is very flexible and it was super easy and absolutely seamless to embed their solution in Flowe's ecosystem. Flowe's “BetterBeing-platform” is dedicated to those who want to work in the present to create a better future, with a focus on innovability - the strong connection between innovation and sustainability”
Through Doconomy’s partnership with Mastercard globally, Åland Index Solutions are now expanding across the world, giving every issuer the ability to provide their users with knowledge of their own carbon footprint and an understanding of the the CO2 impact, transaction by transaction.
For further information, please contact:
Doconomy
Masse Benesch
Head of Communications
+46 733 14 14 34
Flowe
Andrea Sarto / Chiara Calderoni
Omnicom Public Relations Group
+39 348 4928491 / +39 02 62411947
andrea.sarto@omnicomprgroup.com / chiara.calderoni@omnicomprgroup.com
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Doconomy, founded in Sweden 2018, provide digital solutions to help track and measure the carbon footprint from consumption. Doconomy's service, DO, a mobile banking app, manage savings and promotes sustainable consumption. The Aland Index impact calculations in DO use data, covering 99% of global market cap, through a unique partnership with Trucost, a part ofS&P Global. Through Doconomy’s collaboration withUN Climate Secretariat/UNFCCC, to educate and engage individuals around climate action, additional innovative tools to explain our impact are also developed. Through the awarded innovation Åland Index, the possibility to engage customers in Everyday Climate Action is now rolled out to all banks and corporations in the world, under the concept Åland Index Solutions. www.doconomy.com www.alandindexsolutions.com
Flowe is a newly created Benefit, pending BCorp and Carbon Neutral company of Mediolanum Group, which aims to educate young people on the issues of innovation and economic, social and environmental sustainability. In this era of infinite possibilities, where younger generations often feel uncertain about their future and unable to choose a direction, Flowe wants to give young people all the methods and tools to develop their potential and live better. Through its mobile app and the growing ecosystem of partners, Flowe aims to build a BetterBeing Economy to help young people live a more meaningful, sustainable and happy life. www.flowe.com
