Boston Consulting Group (BCG) and Doconomy, a prominent climate technology provider, have announced a pivotal strategic partnership.
The collaboration between BCG and Doconomy aims to equip financial institutions with sustainability solutions and tools, catering specifically to the rising demand for green financial choices.
Founded in 2018, Doconomy prides itself on fostering environmentally sustainable financial choices. They’ve pioneered tools that guide consumers in understanding the environmental repercussions of their transactions, thus promoting greener decisions.
Key amongst their innovative solutions is the Åland Index, a feature which aids financial service entities, such as banks and payment providers, to present transaction-based impact calculations to their clientele.
On the other hand, BCG has established its stature as a leading management consultancy, delivering top-notch strategic insights and solutions to businesses worldwide. Their expertise spans multiple sectors, with a considerable focus on driving sustainable business models and climate-conscious strategies.
This dynamic collaboration anticipates a combined effort in aiding clients to realise sustainable impacts. By amalgamating climate tech solutions with strategic insights, both companies envisage a transformative effect on the financial realm, especially in the spectrum of sustainable finance.
The partnership resonates with the financial world’s accelerating shift towards net-zero commitments and sustainability. As global institutions strive for impactful transitions towards a climate-resilient future, collaborations such as this become paramount.
Doconomy CEO Mathias Wikström said, “With BCG by our side, we take yet an exciting and important step in expanding the reach of our innovative technology and engagement in climate action globally. Both companies are committed to enabling financial institutions to navigate the new normal and be at the very core of the transition we need to see.”
BCG Senior Partner and Managing Director Steven Thogmartin remarked, “This partnership will accelerate and augment our offering of digital climate solutions to leading financial institutions as they engage their clients on climate transition.”
BCG Senior Partner and Managing Director Roy Choudhury added, “Our partnership with Doconomy will be critical as we help financial institutions turn their net-zero commitments into action that drives true impact and societal change. We share a commitment to driving positive change, especially as it relates to climate action, and together we can deliver more value additive solutions to clients.”
Keep up with all the latest FinTech news here.
Copyright © 2023 FinTech Global
