Barclays teams with SaveMoneyCutCarbon to help clients cut their emissions

Barclays has partnered with SaveMoneyCutCarbon to help its customers reduce their carbon, energy and water usage.

According to Barclays, this move would help the bank itself make its operations more sustainable.

Established in 2012, SaveMoneyCutCarbon was created with the aim of building a single ‘go-to’ platform for companies and homes who are looking to reduce their energy and water consumption while also improving their carbon footprint and sustainability credentials. The company claims it has had over 1000 audit and instillations completed since its inception.

Barclays noted that the collaboration will enable its corporate banking clients to book a free video call with a mentor from SaveMoneyCutCarbon to explore their options. These include carbon reduction audits to identify untapped saving opportunities, end-to-end design, ESG reporting support and supply and instillation of energy and water saving projects.

The global bank added that this recent collaboration is born out of its previous investment in SaveMoneyCutCarbon last year.

Barclays head of mid-corporate, London and Southeast UK Corporate Banking Helena Sans said, “Barclays is committed to helping our clients to transition to more sustainable business models. Learning about the work SaveMoneyCutCarbon does, their experience and knowledge and how they can help businesses across the UK to be more sustainable is invaluable. This is at a time when businesses really need this level of practical tips, advice, but also the real capability to deliver energy, water and carbon saving projects, driving bottom line profit and green credentials”

SaveMoneyCutCarbon CEO Mark Sait added, “Inspired by COP26, businesses know it’s time for change but need help on what to do, and we look forward to supporting businesses using our platform, tools, proven products and delivery capabilities.  We are uniquely positioned to help facilitate the retrofit challenge faced by the UK’s domestic and commercial building stock and turbo charging companies’ adoption of energy and water efficiency to achieve the UK’s net zero carbon target.

“Our vision is to become the ‘go to’ brand for homes and organisations that want to reduce consumption, reduce their carbon footprint and be more sustainable. And collaborations like this really work for everyone and the planet.”

Copyright © 2021 FinTech Global

Enjoying the stories?

Subscribe to our daily FinTech newsletter and get the latest industry news & research


The following investor(s) were tagged in this article.