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Sugi lets users offset carbon impact of investments

Green fintech Sugi has launched a feature enabling users to offset the carbon impact of their investments.

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Sugi lets users offset carbon impact of investments

Editorial

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community.

Launched in public beta in the UK late last year, the free Sugi app helps retail investors check the carbon impact of their investments.

Now, users can offset an amount directly related to the impact of their own investments. They can either target specific investments or offset their entire portfolio, as well as keep track of their history.

Josh Gregory, CEO, Sugi, says: "We recognise that there are a number of valid reasons for investors to have holdings in higher carbon industries, which is why we’re enabling investors to rebalance their impact through our new offsetting feature."

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