Supporting Your
Carbon Neutral Journey
Finance is a procured service in your supply chain that needs scoping.
That’s why we continue to fight for ‘Net Zero Banking’ and highlight that current carbon accounting proxies are perhaps 300% too low.
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Carbon Neutral By Design
In partnership with Furthr (a fellow B Corp) GoodFX precisely mapped every stage of payments, currency conversion and hedging. Attaching the most conservative assumption to each stage.
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Every FX transaction made with GoodFX is certified as carbon neutral. Its associated emissions are precisely calculated and fully offset through the purchase of high-quality carbon credits.
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We have started with our international payment products, and are now progressing with growth finance and cash deposits
What have we measured?
How are we carbon neutral?
As above, GoodFX has measured and offset its entire emissions across scope 1,2 and 3, ensuring our payment products are Carbon Neutral and that the carbon footprint of our client's payment activities are fully offset.
We can accurately provide data for your carbon accounting software, then offset emissions through investment in nature-based projects.
We believe that just like any other procured services, financial services deserve environmental scrutiny.
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You trade
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We offset
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The planet benefits
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Together we'll make some noise!
What is Scope 3?
The Greenhouse Gas Protocol (GHG) is a widely recognised accounting standard for greenhouse gas emissions. They categorise GHGWhat emissions into three ‘scopes’.
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Scope 1, covers direct emissions from owned or controlled sources.
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Scope 2, covers indirect emissions from the purchase and use of electricity, steam, heating and cooling. By using the energy, an organisation is indirectly responsible for the release of these GHG emissions.
Scope 3, includes all other indirect emissions that occur in the upstream and downstream activities of an organisation.
A little note on
green washing
The GoodFX team would like to stress that we are not creating this product for green products' sake.
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Rather, we are creating a mechanism where data continues to be demanded from the financial services industry - Only be keeping demand high, can we ensure data supply grows.
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We and our research partners, have taken a very conservative approach to all of our assumptions. And have gone far beyond any other corporate financial services company in our endeavours.
If that boldness makes us leaders, then we simply encourage others to follow.
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