Going green

Assessing the carbon footprint of fintech and looking to the future.

Steve Ellis Founder at Finextra Research

Analyst: online banking could save 17m trees each year

Tekrati, the analyst reporting service, has flagged up research by Javelin Strategy and Research that puts a environmental value on the shift to banking online. Read the full Tekrati story here - or buy the report from Javelin, which covers more than just the headline grabbing green case. Some of the envirnmental headlines Tekrati highlighted wer...

25 July 2007

Retired Member 

Smile and the poo-powered pyramid

Interesting to see banks jumping on the green bandwagon. Some have been displaying their green credentials for some years, such as Smile. Have a Google for Smile poo pyramid and you should find this page about Smile's HQ being powered entirely by digested sewage. Confusingly the power plant is in Bournemouth and their building is in Stockport...

29 June 2007 /retail

Paul Penrose Head of Research at Finextra

The new clean green brigade

HSBC, the 2006 winner of the FT's sustainable banking awards, has committed a further US$90 million over five years to reduce the bank’s impact on the environment through a series of initiatives, including the introduction of renewable energy technology, water and waste reduction programmes and employee engagement. The impact of HSBC’s environment...

29 June 2007 /retail

Retired Member 

Your electricity bill is now due - 7.2 billion dollars

When I worked at SYS - The School of Information Systems (as it was then known) at UEA back in the early 90s, I was told that the funky building we occupied was cleverly designed to take excess heat from the server room and distribute it around the building. It never did quite seem to work, the reason being the servers had got smaller and smaller ...

25 June 2007