On April 13, a C6 Bank customer in Brazil shared screenshots of his online bank account, revealing that the financial institution was tracking CO2 emissions from his purchases and urging him to compensate monetarily.
C6 Bank states that the new tool aims to inspire Brazilians to adopt more sustainable behaviors.
C6 Bank introduced the new CO2 banking tool on April 3 and detailed its primary function: to analyze the consequences of CO2 emissions into the atmosphere while serving as an indicator for implementing sustainable measures. Named “Carbon Extract,” the tool monitors CO2 emissions from everyday expenses made with debit and credit cards as well as transfers and Pix transactions.