Revolut partners Watershed to track carbon emissions

Financial services app Revolut is partnering with Watershed to step up its global sustainability efforts around carbon emissions.

After confirming its carbon footprint data using Watershed's reporting systems, Revolut’s goal is to develop a programme to manage its emissions “down to the minimum achievable”, in line with the Paris Agreement targets.

The company aims to confirm its current carbon footprint by the end of this year.

Alan Chang, chief revenue officer of Revolut, said: “As the world evolves and the lifestyles of people change, more and more citizens are realising that they too have a responsibility to the planet and to look after the place in which we all live.

“We want to help make the shift towards a more green future a reality, Watershed will help us reach our sustainability goals.”

Taylor Francis, co-founder of Watershed, added: “We aim to accelerate the fight against climate change by building tools that modern organisations, such as Revolut, need to get to zero carbon fast.”

Earlier this year, Revolut - which has 16 million customers globally - joined Tech Zero, an initiative gathering British and global tech companies who have committed to driving sustainability through technology, data and science.

Other Watershed customers include Airbnb, DoorDash, Shopify, sweetgreen and Everlane.

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