Boston Consulting Group (BCG) announced today the launch of a new strategic partnership with climate technology provider Doconomy, aimed at delivering sustainability solutions and tools to financial institutions.

Founded in 2018, Sweden-based Doconomy has developed tools enabling users to make environmentally sustainable financial decisions, and helping consumers to measure and understand the environmental impact of their transactions, enabling more sustainable choices. The company’s solutions include the Åland Index, which enables financial services providers such as banks and payment providers to offer customers transaction based impact calculations to their customers.

Doconomy CEO Mathias Wikström 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.”

The new collaboration will see the companies working together to help clients deliver sustainable impact by providing climate tech solutions and strategic insights.

BCG Senior Partner and Managing Director Steven Thogmartin 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.”

BCG Senior Partner and Managing Director Roy Choudhury added:

“Our partnership with Doconomy will be critical as we help financial institutions turn their net-zero commitments into action that drives true impact and societal change. We share a commitment to driving positive change, especially as it relates to climate action, and together we can deliver more value additive solutions to clients.”