Åland index enables financial institutions to help their customers link transactions to the environmental impact of their consumption, promoting more sustainable choices.
The index calculates the effects for two key global environmental challenges: climate change in terms of carbon dioxide equivalents, CO2e, and water scarcity in terms of freshwater consumption, H2O.
The calculations are based on the latest reported company data and modelling techniques provided by S&P Global Trucost. The Index covers more than 50 unique intensity factors, which enables automated calculations that reflect personal choices. Our system allows us to identify how refilling a car at a petrol station results in a different emissions profile to a purchase at a café.
We provide global coverage for digital banking experiences, leveraging a consistent methodology. Åland Index is the first ever Independently Assured CO₂e and H₂O Impact Index by EY. Read the report here.