News and resources on ESG data and technology, Impact Investing and Sustainable Finance initiatives and best practices.

Ecolytic chosen for Google climate accelerator

Source: ecolytic

Climate engagement fintech, ecolytiq, is one of 14 startups that have been selected to partake in the 10-week, equity-free hybrid programme in partnership with Google for Startups Accelerator: Climate Change in Europe.

Aimed at high-potential Seed to Series A startups that are successfully utilising tech to tackle climate change, this dedicated programme offers a number of in-person and virtual activities including one-to-one mentoring and group learning sessions, intended to help startups based in Europe and Israel to grow with support from Google.

With this decade being critical in setting the world on a path to a sustainable future, Google knows that startups working on ground-breaking technologies have an important role to play in accelerating climate action. Research carried out by Implement Consulting and commissioned by Google shows that digital enablement is required for a reduction of 20-25% in greenhouse gases for a net-zero economy in the EU.

Because of this, Google is helping to foster a thriving ecosystem of startups focused on developing the solutions of tomorrow. ecolytiq’s participation in the Google for Startups Accelerator: Climate Change programme aligns well with its open, collaborative approach to future-proofing banks with green banking products.

"We are pleased to welcome ecolytiq to the first European cohort of the Google for Startups: Climate Change Accelerator programme. At Google, we want to promote a rich ecosystem for these startups and connect them with mentorship opportunities, technical expertise and cloud technology that will help them grow.” said Noa Havazelet, Head of Google for Startups Accelerator, Europe.

In addition to mentorship and technical project support, the Accelerator programme features deep dives and workshops focused on product design, business growth and leadership development. All companies taking part will also benefit from Google Cloud technical expertise and receive credits via the Google for Startups Cloud Programme.

“Seeing a company like Google use its strategic position in the fight against the climate crisis is a market signal that sustainability is the future.” said Ulrich Pietsch, Co-Founder and Managing Director of ecolytiq. “We look forward to expanding our network and reach with Google and Google Cloud to realise the full potential of our solution’s open-data approach to help the finance industry embrace scalable, effective climate action.”

Through its embedded climate smart software, ecolytiq enables banks and financial institutions to take the first step towards sustainable banking by improving customer loyalty and engagement through a personalised banking experience.

Its climate engagement product suite guides customers along a climate action journey by offering transparency on personal environmental impact and tailored climate insights. Customers are then given an outlet for climate action through a platform for carbon credits, climate contribution projects and impact investments.

Comments: (0)