Boston Consulting Group (BCG), a management consulting firm, announced a new partnership with Doconomy, a provider in climate technology, aimed at supporting financial institutions in the development of their sustainability agendas.
Doconomy has developed “an ecosystem of financial tools to enable users to make environmentally sustainable financial decisions.” Among Doconomy’s tools is the Åland Index, a cloud-based impact as a service “for CO₂e and H₂O calculations for all digital financial transactions.”
Through the collaboration, BCG and Doconomy will “leverage their complementary strengths and deliver strategic insights and robust tech solutions to clients, enabling them to enhance their ability to deliver sustainable impact.”
Mathias Wikström, CEO of Doconomy, said:
“With BCG by our side, we take yet an exciting and important step in expanding the reach of our innovative technology and engagement in climate action globally. Both companies are committed to enable financial institutions to navigate the new normal and be at the very core of the transition we need to see. I’m impressed by the determination of the BCG team and confident in the rapid positive effects our partnership will create for partners, people, and planet.”
Steven Thogmartin, a senior partner and managing director at BCG, said:
“This partnership will accelerate and augment our offering of digital climate solutions to leading financial institutions as they engage their clients on climate transition.”
Doconomy, founded in Sweden in 2018 by Mathias Wikström and Johan Pihl, is a provider of applied impact solutions.
Its core mission is to “ensure the future sustainability of life on Earth by empowering individuals and corporations to assume responsibility for their environmental footprint, fostering a sustainable lifestyle for all.”
Doconomy says that it “serves over 92 clients in 35 different markets and has established key partnerships with renowned organizations such as the United Nations Framework Convention on Climate Change (UNFCCC), Mastercard, S&P Trucost and World Wildlife Fund (WWF).”