Patch

The infrastructure layer to scale climate action in banking

With Patch, Erste can embed climate action into the George banking app, to help clients take informed action to reduce their carbon impact

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Loom Message - 18 April 2023

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Combine carbon removal with your reduction strategy

Banks hold the key to emissions reduction and removal. From one-off, and multi-year offtake credit purchases, to enabling removal at scale via your partners and financed emissions, to embedding climate action in your products and services, Patch can help your business meet net zero and other climate commitments.

75

%

of mobile banking users want to have deeper insights into the carbon impacts of their spending.

48

%

have said they want their bank to help them be able to make a smaller impact on the climate.

66

%

of consumers indicated that they are considering the impacts of their purchases on the climate.

Your climate strategy, powered by Patch

Patch is built to make climate action simple and scalable for financial institutions of any size

[Purchase \ \ Purchase vetted carbon credits from our global network of project partners. Review project documentation, check third-party quality assessments and construct a portfolio that meets your requirements.\ \ Learn more\ \ \ [Offtake \ \ Make a multi-year offtake commitment to vetted carbon credits at a guaranteed price to hedge against price volatility. Our climate portfolio team can help curate portfolios by technology, standard, region and vintage.\ \ Learn more\ \ \ [API \ \ The Patch API enables your clients to make project contributions directly from your banking app or website, allowing your business to unlock demand for sustainable action from your retail base.\ \ Learn more\ \ \ [Scale with Radius \ \ Deliver a curated climate action platform to your portfolio, out of the box, with Patch Radius. Enable portfolio companies to seamlessly evaluate and purchase from a diverse selection of vetted climate projects from Patch’s network, and view their progress from your own dashboard.\ \ Learn more\ \ \

The Patch difference

Gain access to the broadest selection of vetted climate action projects, across 15 technology types and 6 continents. Patch’s carbon solutions team can help you construct a portfolio that meets your quality, geography, and price criteria

Our platform powers both corporate and consumer-facing climate programs — seamlessly and at scale.

We're passionate about creating transparency in the carbon credit industry. We provide our clients complete visibility into project details and ratings, credit delivery status, and fees.

We’re a global team of climate and technology industry veterans, bringing deep expertise to bear to support our clients in taking meaningful action.

UK Digital Bank Starling chose Patch for its insight, expertise and its breadth of carbon credits.

summary

From its inception in 2017, Starling has operated with sustainability as a core principle. As an innovator, Starling was in search of a knowledgeable carbon credit partner that could deliver what it needed and work in an agile way. Patch was a partner it could bank on.

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“Patch is an ideal partner when it comes to understanding the ins and outs of carbon removal and all the potential ways it can help advance a sustainability strategy”\ \ .avif)\ \ Toni Coulson\ \ Director of Asset Portfolios and Sustainability at Starling

Reaching your climate goals just got simpler

Patch helps banking and financial services companies reach their climate goals faster.

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