Interactive Brokers collaborates with Sustain.Life on emissions data in IMPACT app
Electronic trading major Interactive Brokers has collaborated with Sustain.Life to provide emissions data for each carbon emitting activity available in the recently launched IMPACT app. Sustain.Life’s SaaS platform helps companies across industries reduce their environmental impact by providing ESG tools that enable the measurement and management of their carbon emissions.
Also today, Interactive Brokers officially launched Carbon Offsets, a new feature available through IMPACT. As FX News Group has reported, Carbon Offsets empowers investors to make a lasting environmental difference by easily reducing individual carbon emissions using the same trading platform designed to streamline the sustainable investing process for any investor.
For example, a client planning to fly from New York City to Hong Kong can tap the “Offset Your Carbon” banner on the IMPACT app homepage and swipe up to review offsets by category. The client can then select the flight time in hours and purchase the carbon offsets to positively impact the planet. Plus, the tool reports the number of tons of carbon neutralized in both the app and on account statements giving clients the ability to track their progress toward lowering their carbon footprints.
“Sustainability and environmental consciousness are not isolated aspects, they speak to a collective culture. A culture that is aware of the interconnected nature of our global community. As a result, we continue to develop products that are in service to this collective culture,” said Will Peterffy, ESG Director at Interactive Brokers. “Carbon Offsets makes it easy for our clients to participate in the emerging collective culture dedicated to stewarding our planet while investing in companies that further align with their values through the IMPACT app.”