With the assistance of Cogo, a major Australian bank, the Commonwealth Bank of Australia (CBA), has begun linking customer transactions to carbon footprints. The new feature, which is a part of CBA’s online banking platform, was introduced thanks to a collaboration between Australia’s Commonwealth Bank (CBA) and Cogo, a provider of “carbon management solutions.” The bank offers customers the opportunity to “pay a fee” to offset their carbon footprint, with the average reported as 1,280 kilograms, a far way from the ‘sustainable’ figure of 200 kilograms. A customer’s …
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