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Amsterdam-based Backbase, a fintech unicorn, announced on Monday that it has been certified as carbon neutral according to The CarbonNeutral Protocol, the leading global framework for carbon neutrality.
In partnership with Climate Impact Partners, an expert in carbon market solutions, Backbase offset its 2022 carbon emissions of 7,029 tonnes of CO2e, as calculated by carbon accounting specialists Normative.
The carbon credits used by the Dutch fintech company adhere to the International Carbon Reduction and Offset Accreditation (ICROA) standards.
To reduce its carbon footprint, the company is supporting four carbon reduction projects in Bangladesh, India, Indonesia, and Uruguay.