Australian Bank Begins Linking Customer Transactions to Carbon Footprint

Green social credit score scheme accelerates


By -- Summit News—— Bio and Archives--October 24, 2022

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In another foretaste of potential future ‘carbon allowance’ limits, a major bank in Australia has introduced a new feature that links purchases to a customer’s carbon footprint and warns them when they are going over the average. Australia’s Commonwealth Bank (CBA) has partnered with Cogo, a “carbon management solutions” company, to launch the new feature, which is part of CBA’s online banking platform.-- More...
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