Climate Action Infrastructure for Sustainable Finance

The financial industry will play a major role in fighting climate change.

We provide banks and financial institutions with the digital infrastructure for green finance.

Our Sustainability-as-a-Service® solution enables financial institutions to offer their customers environmental footprinting as well as personalized impact offsetting and ESG investments.

 

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Trusted by innovators

Why ecolytiq

Our technology analyzes individual banking transactions enabling you to become a sustainability hub.

  • All-in-one Sustainable Banking Solution

    Our comprehensive End-2-End solution covers the entire Sustainability-as-a-Service ® value chain, from environmental impact calculations, content & context, behavioral change to footprint compensation and ESG investment.

  • Open Payment Standard

    We use the Open Payment Standard released by the EU-Open Sustainability Registry. We have adopted the Open Standard's methodologies, as it utilizes the newest in scientific research and machine learning to transform payment data into country-specific and personalized environmental footprints.

  • Improved Customer Profiling

    By using our solution, financial institutions can increase customer engagement and loyalty by getting to know their customers better: what matters to them, how far they are in their sustainability journeys and where they want to put their money.

  • Platform for new Revenue Streams

    With our solution, financial institutions drive climate action. By using consumers’ rising interest in sustainability, banks can both offer unique and exciting financial products, while at the same time staying ahead of the curve in terms of compliance with new regulations.

How our
SaaS Solution Works

Our software is available either as a single API SaaS service, on-premise or via our Open Banking partners and processors. In addition, we offer a brandable White Label solution with no integration required on the bank's side.

Card Transaction
Bank
Account
Transaction

Modules

1
Smart
aggregation engine
Smart
analytics engine
Transaction based
impact validation
2
Engagement hub
Content & Interaction System
3
Compensation Hub
Curated marketplace of certified Compensation & ESG investment providers
Precise environmental impact calculation
Tailored content, advice & context
Individual compensation & investment offers

Our Sustainability Technology in Action

1
2
3
4
1.

ecoAware

Our calculations, which are based on the Open Payment Standard, are constantly updated and country-specific as to empower customers with the best, personalized environmental impact information.

2.

ecoEngage

Bank customers learn more about their environmental footprint through feedback loops and smart insights, helping them to make more sustainable purchasing decisions. This in turn allows banks to develop detailed individual customer profiles.

3.

ecoOffset

Users are encouraged to offset their environmental footprint by donating to certified environmental organizations via our marketplace, which keeps them engaged through regular progress updates.

4.

ecoInvest

With ecoInvest, users can further progress in their sustainability journeys by selecting from profile-based ESG investment recommendations that align with their personal interests and values for environmental and social causes.

References & Partners

Tomorrow – Banking for the Future

Tomorrow is defining what banking will look like in the future. And the future is looking green. By providing users with their personal environmental footprints through the integration of ecolytiq’s Sustainable-as-a-Service software, Tomorrow empowers their customers to reflect on their consumption behavior and to engage more deeply with climate action.

It was a mixture of ecolytiq’s unique End-2-End value proposition, the country-specific calculations, the Open Standard, and the excellent statistical models that led Tomorrow to work with ecolytiq. Tomorrow sees the integration of the environmental footprinting feature within its app as a milestone in all things transparency and education. Tomorrow thereby helps customers see the tangible effects sustainable banking can have as customers have more choices and opportunities to let their money shape the future they want to see. 

European Open Sustainability Registry (EU-OSR)

ecolytiq is fully in compliance with the EU-OSR’s industry-leading Open Payment standard. ecolytiq’s algorithms are based on the Open Payment Standard for country-specific transaction-to-impact calculations, released under the Creative Commons License CC BY-SA 4.0. 

The EU-OSR is a platform for relevant stakeholders to collaborate and compile environmental impact data, making products and their supply chains more transparent.

 

“Footprinting empowers our users to play an active part in averting the climate catastrophe. The feature not only shows the monetary price attached to transactions but also the CO2 balance. We make the cost for our planet transparent and enable our customers to take responsibility themselves.”

Inas Nureldin
Co-founder of Tomorrow

"Visa is committed to an inclusive, sustainable, and equitable future. We are proud to launch a CO2 footprinting feature in Europe in collaboration with ecolytiq and Tomorrow. This is a great example of how as a ‘network of network’ we can empower consumers to understand their environmental impact, providing them with the tools to make more informed and environmentally conscious decisions."

Douglas Sabo
Chief Sustainability Officer at Visa

“Many consumers, especially Millennials and Digital Natives, strive for a sustainable lifestyle, for the good of the planet. But most of us don’t even realise the impact of our daily behaviour. Banking transactions reflect peoples’ lives, so we are happy to play a part in helping consumers more accurately determine their impact on the environment with the help of technology.”

Martin Schmid
Chief Market Officer at FinTecSystems

Products

ecoAware

educates customers with best-in-class, personalized environmental impact information

Features

  • Payment data analytics
  • Consumer carbon footprinting
  • National averages
  • Month-to-month comparison
  • Goals & achievements

ecoEngage

empowers customers to transform their knowledge into meaningful climate action.

Features

  • Dynamic Feedback loops
  • Sustainability profiles 
  • Comparables 
  • Tips & Smart Insights 
  • Peer group comparison 

ecoOffset

encourages customers to offset their impact by donations to certified environmental projects.

Features

  • Single transaction or category offsetting 
  • One-time & recurring options
  • UN Gold Standard project marketplace 
  • Diverse, global project offerings
  • Regular impact updates

ecoInvest
(coming soon)

enables customers to sustainably invest, thereby becoming climate neutral.

Features

  • Marketplace for certified ESG products
  • Profile-based investment recommendations & matching algorithm

White Label Solution

We also offer the ecolytiq White Label Solution as a standalone brandable mobile or web app with no integration effort for banks. The benefits: quick and easy testing of green value propositions with built-in market research, that offer a comprehensive end-2-end solution, covering the entire customer journey.

Contact us now

Blog

Our Story

Discouraged by the lack of global efforts to keep pace with the ever-growing urgency of climate change, ecolytiq cofounders Ulrich Pietsch and David Lais decided to encourage action by giving the power to the people through rethinking the role retail banking has to play in the fight against climate change.

The founders are a team of seasoned entrepreneurs with more than 50 years of experience in payment, banking, loyalty and scalable data analytics systems. This team consists of Ulrich Pietsch (CEO), David Lais (CPO), Mirko Kämpf (CTO), Frederic Westerberg (CSO), Friedrich Hubel (COO), and Richard Malley (CFO).

Realizing that climate change is one of the largest issues facing humanity, the founders are tapping into their wealth of experience to do their part in transforming the financial industry into a sustainability powerhouse.

ecolytiq is member of the Visa Fintech Partner Connect program, enabling banks to seamlessly implement their sustainability strategies using payment data.

Leaf
“Transparency is key and financial data is a real treasure in fighting climate change.” David Lais, CPO
David Lais
“We need to work collectively and combine forces to fight climate change. Together we can maximize our impact.“ Madeleine Heuer, Product Owner ecoAware
“The wave of net zero commitments requires banks to start taking bold action to fight climate change. ecolytiq provides the easiest solution to successfully achieve this.“ Friedrich Hubel, COO
“Driving change through language is my passion. Fighting global warming is my purpose.“ Yuki Hayashi, Head of Marketing & PR
“I‘m happy to drive the development of a product that generates both, business impact as well as climate impact - together with a talented and motivated team!“ Göksen Iyiköy, Lead Product Team
“I’m glad to support the UN Agenda for Sustainable Development with my everyday work.” Melanie Isenmann, Head of Impact
Melanie Isenmann
“I see it as my purpose to design the tools that help people understand and fight climate change.“ Melanie Schöffel, Senior Graphic Designer
“It's our mission to enable banks to act fast and educate the world today to give our planet a tomorrow.“ Vaideki Sarvan, Partnerships Manager
“We have come to a point in our life where we want to create something with a purpose.“ Ulrich Pietsch, CEO
Ulrich Pietsch
“Be aware what impact your behavior has on our environment and change it for the better. Because it’s not about the planet, it’s about YOUR home.“ Scarlett Wolter, Product Owner ecoAction
“It’s empowering to have such a tangible positive impact through my work, I truly feel like I’m on the right side of history!“ Axel Van Strydonck, Product Owner White Label
“Every time you spend money, you are casting a vote for the kind of world you want.” Frederic Westerberg, CSO
Frederic Westerberg
“As a working student, I work in a purposeful company that not only shares my personal values, but also amplifies my personal career!“ Anja Pethurupillai, Working Student
“It feels great to commit my product and fintech knowledge towards the fight against climate change. It’s nice for once to contribute to a truly good purpose.“ Philipp Angermann, Product Owner ecoEngage
“The foundation of fighting climate change lies in science.” Patrick von der Heyde, Product Owner Core
Patrick von der Heyde
“ecolytiq is the driving force and enabler of sustainable retail banking in europe.” Ingo Deutschmann, Banking Expert
Ingo Deutschmann

Interested? Get in touch with us!