29 Dec 2020

Meet our Autumn 2020 Teams: Envaluate

By Will Spurr

Many of us wish to reduce our carbon footprints, but making informed decisions about how to do so can be difficult. Recently, our online lives and consumption patterns have come under scrutiny as well. According to TortoiseGoogle estimates that a single search on its platform is equivalent to 0.2 grams of CO2, which is about the same as driving one metre in an average car. Yet Google’s 3.5 billion daily searches equate to driving that car around the planet 54 times. Like wise with shifting demands from consumers, people want to see the impact behind their spending, and that’s where Envaluate can help.

Envaluate enables you to manage your carbon footprint by leveraging open banking to help users measure, track and reduce the impact that their expenditure has on their emissions. Envaluate works by connecting to your bank account to project how your expenditure translates into carbon emissions. It then feeds this information back to you as a series of easy-to-understand carbon metrics. In addition to informing you of your carbon footprint across time, it provides you with personalised tips and incentives to reduce your emissions. Their aim is to sell their product via an API to banks seeking to leverage consumer appetite for living more sustainable lives.

Head to their website to find out more about their work and to join their community. You can also follow them on Twitter, LinkedIn and Instagram. Their current focus is on developing their product and bolstering their data offering. They are on the lookout for prospective partners, product testers and future users, so reach out to them if that could be you.

If you’d like to meet the teams of our Autumn 2020 cohort, then sign up to our Showcase event