ecolytiq 2023 recap blog – impactful year full of action

Whilst 2022 was all about turning theory into action, 2023 was all about impact. From driving more traction in the industry and reaching even more consumers with our climate engagement platform, to taking over the world’s biggest finance & sustainability stages, 2023 was full of action. Here’s what this year had to offer.

Impact - Highlights

2023 was our year of impact and it shows! With our new clients and partners, we were able to triple our reach in 2023 - driving behavioral change at scale across millions of users, including those in countries with high carbon footprints.

During the whole year, we managed to avoid an estimated 1.28m tCO2e with our solution, that’s the equivalent of:

• The annual carbon footprint of 139,568 Germans or  
• 375,602 roundtrip flights from Berlin to Bangkok!

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Events

This year we were present on the world’s biggest stages, sharing our expertise with banks, academics and governments worldwide. From Money20/20 and COP28, to hosting our own roundtable, we were there, and we were talking about climate impact!

Money20/20 Amsterdam and Las Vegas

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One of our key highlights this year included hosting two panels at Money20/20, one in Amsterdam and one in Las Vegas. Both of which were well-received and featured in leading publications, including the Fintech Times.  

In Amsterdam, our Co-Founder & Managing Director David gave his thoughts on the hotly debated topic of ESG, alongside Lubomila Jordanova, Co-Founder and CEO at Plan A and Lesley Li, Co-Founder at u impact.  

In Vegas, we went supersized with a panel that included:  Jason Rubottom, CEO at Cloverly, Worku Gachou, Head of NA Inclusive Impact & Sustainability at Visa and Dondi Black, EVP Chief Product Officer at TSYS for a thought-provoking panel about Climate Tech in Banking.

See for yourself!

Benelux roundtable

In November, ecolytiq hosted its very first roundtable in Amsterdam, bringing together key leaders of the Dutch banking world, including ABN Amro Bank, ING, Rabobank, Triodos Bank and Visa. The teams spent the morning discussing the topic of driving sustainability in banking experiences in the Netherlands and striving to become the world’s first pilot on the topic, focusing on challenges, opportunities and next steps.  

COY & COP28

And we ended the year with a bang, speaking at both COY, the youth conference of COP, as well as twice at COP28, the world’s most critical climate conference.  

At COY, David spoke in front of young climate delegates from around the world, government officials of the UAE and the presidential committee of COP, joining AYTF alumni Mai Ismail on stage and sharing his thoughts on the topic of fostering technology for a sustainable future.  

Our Co-Founder & Managing Director Friedrich also took the stage at COP28, where he was joined by delegates from Netflix, Rare, Ingka Group, Google and Visa to discuss how businesses are enabling consumer sustainable living.  

Finally, we concluded our visit to COP28 with our Co-Founder and Managing Director Friedrich who joined our new partner Mashreq, who recently rolled out the MENA regions’ first personal banking platform offering carbon emissions insights, and Visa to:

• Discuss how banks can help tackle climate change  
• Shed light on Mashreq‘s various sustainability initiatives

Additionally, we were also involved in many thought leadership processes, including the SCP23 Conference at Wageningen University and the EU Sustainable Banking Coalition kick-off event in Brussels where we shared our expertise and contributed our ideas among academics and governments.  

It was great featuring on stage with some of our key partners this year, highlighting the traction the topic of sustainable banking is gaining worldwide, and we are looking forward to sharing more of our best practices and knowledge in the new year, so stay tuned!

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Awards

2023 was a year of action, and our efforts did not go unnoticed. In July, ecolytiq was recognized as a leader in the European fintech scene, by winning the 2023 Paytech Awards in the category ‘Startup of the Year’ – one of the payment industry’s most prestigious awards.

And a month later, ecolytiq was included in CNBC’s prestigious list of the ‘Top 200 Global Fintech Companies’, which spotlights the 200 most innovative and influential players in the financial technology sector worldwide from over 1,500 companies.  

Product  

From gaining new clients and partnerships to undergoing a comprehensive rebranding, our year focused on improving our product to maximize impact even further.  

By partnering with strategic players in the fields of sustainable banking and behavioral science, we were able to offer financial service providers more options to engage with sustainable banking through:  

• Strengthening ecolytiq’s behavioral science-based software and target our content even more intimately to the psychology of consumer behavior with the Decision Lab  
• Offering high quality carbon credits with Cloverly  
• Offering a one stop-shop solution for embedded sustainable banking with Tink  

Finally, ecolytiq is the first to be ISAE 3000 certified for not only our open-sourced transaction-to-carbon methodology, but also for both Retail and SME customer segments. ISAE 3000 is a globally recognized standard for the assurance of non-financial statements, which assessed and certified the transparency, localization, data integrity, applicability and environmental stewardship of our methodology:

Looking back on 2023, it was an action packed yet incredibly impactful year for us and we are ready for 2024! Thank you to our partners, clients and supporters; we look forward to furthering our collaboration, and wish you a fantastic year ahead.

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