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
Typical emission sources in financial services
Direct emissions
- Office heating
- Company vehicles
Purchased energy
- Office and branch electricity
- Data centre energy
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.
Related reading
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