Skip to main content
    Financial Services

    Carbon Accounting for Financial Services

    Financial services firms face unique challenges with operational emissions and financed emissions. EcoHedge helps measure your corporate footprint from financial data.

    Carbon in Financial Services: Operations and Beyond

    Financial services firms have two carbon dimensions: operational emissions from their own offices and travel, and financed emissions from their lending and investment activities (Scope 3, Category 15).

    EcoHedge focuses on operational carbon accounting for financial services firms. For firms of all sizes, understanding your own corporate footprint is the essential first step.

    Regulators including the FCA are increasingly requiring climate-related disclosures. TCFD reporting, which includes emissions data, is expanding across the financial sector.

    Key regulations and drivers

    SECRTCFD disclosureFCA climate reportingPRA climate expectationsPCAF (for financed emissions)

    Typical emission sources in financial services

    Scope 15%

    Direct emissions

    • Office heating
    • Company vehicles
    Scope 215%

    Purchased energy

    • Office and branch electricity
    • Data centre energy
    Scope 380%

    Value chain

    • Business travel
    • IT and technology
    • Professional services
    • Employee commuting
    • Paper and print

    How EcoHedge helps financial services businesses

    Corporate Footprint

    Calculate your operational emissions from office energy, travel and procurement. Start with what you control directly.

    Regulatory Ready

    Generate reports that support SECR disclosures and TCFD reporting requirements.

    Audit-Ready Data

    Every calculation includes a full audit trail with emission factor sources and methodology notes.

    Example: A mid-sized insurance broker

    An insurance broker with 120 employees needed carbon data for their TCFD disclosure. Connecting their accounting software revealed that business travel and office energy were the dominant sources. They used EcoHedge data to set reduction targets and report to the FCA with confidence.

    120
    Employees
    TCFD disclosure
    Report use
    Travel and energy
    Key sources

    Get your financial services carbon report

    Regulatory-ready carbon data from your existing financial records.

    Start free today