HSBC UK has launched a Carbon Insights tool for small business customers in a major boost. HSBC UK has launched a new Carbon Insights tool in its award-winning mobile app, HSBC Kinetic, designed for small business owners.
This new feature enables HSBC Kinetic customers to view the estimated C02e values for their HSBC Kinetic Debit Card transactions on a user friendly dashboard in their HSBC Kinetic app. Customers who opt-in to the Carbon Insights tool can access a summarised breakdown by expense categories. In addition, the tool provides helpful suggestions on how they might be able to manage their emissions.
Peter McIntyre, Head of Business Banking, HSBC UK, said in a statement this week: “Creating awareness and understanding of greenhouse gas emissions enables small business owners to take a first step in understanding the potential climate impact of the business expenses paid through their HSBC Kinetic Debit Card, which is why we have launched the Carbon Insights tool.”
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David Lais, Co-Founder of ecolytiq, added after the exciting launch of the new venture and scheme for customers: “Small-to-Medium Sized Businesses represent over 90% of all businesses worldwide, and therefore play a crucial role in driving sustainability."
Mr Lais went on, explaining in a press release this week: "Yet, too often they don’t have the right guidance to do so. With HSBC UK, we are excited to bring a carbon insights solution for small business customers and support them in evaluating their impact and business purchasing decisions.”
Mandy Lamb, Head of UK&I, Visa, said: “Visa helps develop the next generation of seamless payment experiences, working with partners on solutions that then benefit thousands of UK businesses and millions of consumers. We’re delighted to have partnered with HSBC UK to unlock carbon insights for their small business customers, helping them manage their carbon emissions.”
