Åland Index Solutions - a game changer tackling climate crisis at every transaction
Åland Index Solutions - a game changer tackling climate crisis at every transaction
Åland Index Solutions, a joint venture between Doconomy and Ålandsbanken, enables banks, payment providers and financial institutions to offer all customers transaction based impact calculations. Åland Index is the global index solution for CO2 emission calculations that guide consumers in their everyday consumption towards more sustainable choices.
“With Åland Index Solutions we can engage all financial players in the fight against climate change. This collaboration is a milestone in creating a global standard for measuring the impact of consumption and totally changing the way we consume through connecting spending patterns with climate impact, says Nathalie Green CEO at Doconomy”
The original Åland Index was developed in 2016 and the team has ever since been working to help consumers become aware of their impact on the planet. Åland Index is continuously being updated and the 2.0 version, includes additional impact sources and more thorough analysis. The updated index has been in the making for a year and will be enhanced with more comprehensive impact data through a newly formed partnership with Trucost, a part of Standard & Poor Global, that assesses risks relating to climate change, natural resource constraints, and broader environmental, social, and governance factors. The new tech solution and Åland Index API will allow all banks to integrate the climate impact calculations with ease, using a cloud based connect-and- go software solution, provided through AWS, Amazon Web Services.
The Åland Index Solutions will be headed by Helena Mueller, Co-founder of Doconomy. She was formerly heading the team that validated the very first version of the Åland index at KPMG, back in 2016.
“There is a lack of effective tools for banks and financial institutions to engage and activate customers in positive change. This calls for innovative solutions and alliances, in close co-operation with leading players in the financial industry we can now offer every bank to engage with their customers, track their carbon footprint and to support them in acting on the insights day by day. At COP25 we will see more of these alliances shaping a new loyalty between people, brands and the planet”, Helena Mueller says.
Ålandsbanken, who initially launched the Åland Index three years ago, regards the Åland Index Solutions as a natural next step in making this innovative point of reference available with ease to the financial market.
“We are very proud to be a founding partner of Åland Index Solutions together with Doconomy. This institution protects the integrity of the user and the impact data as well the methodology which is at the center of the world’s most recognized impact calculator for daily transactions, helping everyone to understand their footprint and act on it to reduce emissions”, Peter Wiklöf, CEO Ålandsbanken states.
The Åland Index Solutions offering is also recognized and welcomed by the United Nations Climate Change Secretariat since the data will be instrumental for global calculations on individual level to come.
“We all need to understand the impact our lifestyle choices have on the planet and its climate. Consistent data and its analysis show the way. Through this collaboration, which facilitates global climate action at individual level, we can have a better understanding of our impact and find ways to contribute to the solutions, day by day”, says Niclas Svenningsen, Manager, Global Climate Action, UN Climate Change Secretariat.
For more information, contact:
Nathalie Green, CEO Doconomy
mobile: +46 70 606 93 05
Masse Benesch, Head of Communications mobil: +46 73 314 14 34
Doconomy AB, founded in 2018, is a fin-tech startup that aims to provide digital tools to help use money as a tool for positive change for the climate. Doconomy's first service, DO, a mobile banking app, helps manage savings and reward development towards sustainable consumption. The Aland Index, developed by partner bank Ålandsbanken, is used for impact calculations.
Follow Doconomy on Twitter, Facebook, LinkedIn and Instagram: @doconomy
Ålandsbanken is a bank with strong customer relationships and personalised service. The Bank has extensive financial investment expertise and at the same time can offer good financing services. The commercial bank was founded in 1919 and has been listed on the Nasdaq Helsinki Oy (Helsinki Stock Exchange) since 1942.
The Bank of Åland’s Head Office is in Mariehamn. The Bank has three offices in the Åland Islands, five offices elsewhere in Finland and three offices in Sweden.
A total of two subsidiaries, whose operations are connected in various ways to banking, belong to the Bank of Åland Group.
About UN Climate Change
With 197 Parties, the United Nations Framework Convention on Climate Change (UNFCCC) has near universal membership and is the parent treaty of the 2015 Paris Climate Change Agreement. The main aim of the Paris Agreement is to keep global average temperature rise this century to well below 2 degrees Celsius and drive efforts to limit the temperature increase even further to 1.5 degrees Celsius above pre-industrial levels. The UNFCCC is also the parent treaty of the 1997 Kyoto Protocol. The ultimate objective of all agreements under the UNFCCC is to stabilize greenhouse gas concentrations in the atmosphere at a level that will prevent dangerous human interference with the climate system, in a time frame that allows ecosystems to adapt naturally and enables sustainable development.
One Liberty Plaza - 165 Broadway
NY 10006 New York
GlobeNewswire is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.
Subscribe to releases from GlobeNewswire
Subscribe to all the latest releases from GlobeNewswire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from GlobeNewswire
Volta Finance Limited: Net Asset Value as at 30 June 202010.7.2020 18:25:06 CEST | Press release
NOT FOR RELEASE, DISTRIBUTION OR PUBLICATION, IN WHOLE OR PART, IN OR INTO THE UNITED STATES ***** Guernsey, 10 July 2020 AXA IM has published the Volta Finance Limited (the “Company” or “Volta Finance” or “Volta”) monthly report for June. The full report is attached to this release and will be available on Volta’s website shortly (www.voltafinance.com). PERFORMANCE and PORTFOLIO ACTIVITY June delivered another month of strong performance after May and April, helping further to recover the mark-to-market impact of the COVID-19 pandemic. Accounting for the €0.10 per share dividend paid 16th of June, Volta’s NAV* total return performance in June was +6.9%. With the increased confidence around cash flows from underlying assets over the medium term, not only was the Company able to restore the dividend ordinarily payable in April but has further declared a dividend of €0.11 per share payable on 29th July 2020, which is a return to the Company’s original payment timetable. The monthly perfo
Agfa-Gevaert: Publication of a transparency notification – Regulated information10.7.2020 17:40:00 CEST | Press release
(Article 14 of the law of May 2, 2007 on the disclosure of significant shareholdings) Mortsel, Belgium – July 10, 2020 - 5.40 p.m. CET According to Agfa-Gevaert NV’s bylaws, the threshold as from which a shareholding needs to be disclosed, has been set at 3%, 5% and a multiple of 5%. In conformity with the Law of May 2, 2007 regarding the disclosure of significant shareholdings in listed companies, Agfa-Gevaert (Euronext: AGFB) discloses the following declaration: On July 3, 2020, Classic Fund Management AG has announced that as per July 1, 2020, its stake in Agfa-Gevaert is less than 3%. Notifications of important shareholdings to be made according to the Law of May 2, 2007 or Agfa-Gevaert NV’s bylaws, should be sent to firstname.lastname@example.org Contact: Viviane Dictus Director Corporate Communications tel. ++32 (0) 3 444 7124 e-mail: email@example.com Attachment 20200710 Classic Fund UK
Mandalay Resources Corporation meddelar sina produktions- och försäljningsresultat för andra kvartalet 202010.7.2020 15:17:47 CEST | Pressemelding
TORONTO, July 10, 2020 (GLOBE NEWSWIRE) -- Mandalay Resources Corporation (”Mandalay” eller ”bolaget”) (TSX: MND, OTCQB: MNDJF) tillkännagav idag sina produktions- och försäljningsresultat för andra kvartalet 2020. Under andra kvartalet 2020 producerade Mandalay en konsoliderad mängd motsvarande 24 752 säljbara uns guldekvivalent och sålde 24 916 uns guldekvivalent. Mandalays President och Chief Executive Officer, Dominic Duffy förklarade, ”Båda verksamheterna har fortsatt sin starka start på året med förbättrade resultat från första till andra kvartalet vad gäller total mängd sålda uns guldekvivalent. Produktionsresultatet för andra kvartalet var bolagets bästa konsoliderade guldproduktion för ett enskilt kvartal sedan fjärde kvartalet 2017.” Duffy konstaterade vidare, ”Resultaten i Costerfield var fortsatt utmärkta från Youle-ådern, vars anläggning producerade 13 502 uns guldekvivalent. Antimonproduktionen hade ännu ett stabilt kvartal med 933 sålda ton, vilket var bolagets högsta mä
Volta Finance Limited : Director Declaration10.7.2020 15:09:22 CEST | Press release
Volta FinanceLimited (VTA/VTAS) Director Resignation Guernsey, 10 July 2020 Volta Finance Limited (the “Company”) announces that Atosa Moini, a non-executive director of the Company and Chair of the Management Engagement Committee, has notified the Company of her intention to step down from her role on the Board and resign as a Director of the Company with effect from 31st July 2020. Ms Moini has been on the Board since 2017 and the Directors would like to express their gratitude to her for her valuable contribution during that period. For further information, please contact: Company Secretary and Administrator BNP Paribas Securities Services S.C.A, Guernsey Branch firstname.lastname@example.org +44 (0) 1481 750 853
Bergman & Beving AB: The Annual Report for 2019/2020 has been published10.7.2020 15:00:00 CEST | Press release
Press release The Annual Report for 2019/2020 has been published Bergman & Beving’s Annual Report for the financial year 1 April 2019–31 March 2020 has been published on the company's website today where it can be downloaded as a PDF version. Stockholm, 10 July 2020 Bergman & Beving AB (publ) For further information, please contact: Peter Schön, CFO, phone no.: +46 70 339 89 99 This information is information that Bergman & Beving AB (publ) is obliged to make public pursuant to the Securities Markets Act. The information was submitted for publication at 3.00pm CET on 10 July 2020. Bergman & Beving owns and refines companies that develop and market strong brands for professional users in industry and construction, mainly in the Nordic region, the Baltic States and Poland. Bergman & Beving aims to enable successful product companies to take the next step and become leading brands in their categories. The Group currently has some 20 brands, about 1,000 employees and revenue of approximate
Bergman & Beving AB: Årsredovisning 2019/2020 offentliggjord10.7.2020 15:00:00 CEST | Pressemelding
Pressmeddelande Årsredovisning 2019/2020 offentliggjord Bergman & Bevings årsredovisning för räkenskapsåret 1 april 2019 – 31 mars 2020 har idag publicerats på bolagets hemsida där den kan laddas ner som PDF-version. Stockholm den 10 juli 2020 Bergman & Beving AB (publ) För ytterligare information kontakta: Peter Schön, CFO, telefon 070-339 89 99 Denna information är sådan information som Bergman & Beving AB (publ) är skyldigt att offentliggöra enligt lagen om värdepappersmarknaden. Informationen lämnades för offentliggörande den 10 juli 2020 kl. 15:00 CET. Bergman & Beving äger och förädlar bolag som utvecklar och marknadsför starka varumärken till professionella användare inom industri och bygg – främst i Norden, Baltikum och Polen. Bergman & Beving ska vara den plats där framgångsrika produktbolag kan ta nästa steg och bli ledande varumärken inom sina kategorier. Koncernen har idag runt 20 varumärken, cirka 1000 anställda och en omsättning på cirka 4 miljarder kronor. Bergman & Bevi