Download PDF
Greenly > Case Studies > Bridge Partners with Greenly to Reduce Carbon Footprint and Support Energy Transition
Greenly Logo

Bridge Partners with Greenly to Reduce Carbon Footprint and Support Energy Transition

Technology Category
  • Networks & Connectivity - Routers & Bridges
Applicable Industries
  • Finance & Insurance
Use Cases
  • Continuous Emission Monitoring Systems
The Challenge

Bridge, a leading Open-Banking platform in Europe, was seeking to reduce its carbon footprint and contribute to the energy transition. Despite being a 100% digital business, Bridge recognized the importance of adopting a low-carbon strategy. The company was keen to not only reduce its own emissions but also to play a role in the broader commitment to environmental sustainability. The challenge was to find a way to accurately measure and track its greenhouse gas emissions, and to integrate this process into its existing operations in a secure and efficient manner.

About The Customer

Bridge is a leading Open-Banking platform in Europe, enabling payments to be initiated, aggregated, standardized, and enriched with financial data in a secure manner. The company is developing a new financial ecosystem in Europe that is more open, innovative, and efficient. Bridge is connected to more than 200 financial institutions in Europe and has been successfully serving the Bankin' application and its 5.3 million individual and business users since 2011. Its algorithms and payment services are among the best performing on the market, and it offers a simple solution that meets all banking security standards.

The Solution

Bridge partnered with Greenly, a company that specializes in making greenhouse gas emissions assessments easy. Through this partnership, Bridge joined the Climate Act, a group of nearly 200 tech companies committed to the energy transition. Bridge made its open banking technology available to Greenly to consolidate and enrich the measurement of the energy impact of French and European companies. Companies wishing to measure their carbon impact could synchronize their bank accounts securely via Bridge Aggregation, and Greenly would then process this bank data to measure the carbon impact of each transaction. This automatic and easy process allowed Greenly to provide a simple login experience for businesses. Bridge also committed to continually improving its technologies and algorithms to contribute to the environmental awareness of companies, and to make these improvements directly available to Greenly.

Operational Impact

  • The partnership with Greenly has allowed Bridge to take a significant step towards reducing its carbon footprint and supporting the energy transition. By integrating its own technology with the impact measurement developed by Greenly, Bridge can now track its carbon emissions accurately and efficiently. This has not only helped Bridge to meet its own environmental goals, but has also enabled it to play a role in the broader commitment to environmental sustainability. The company is also using this partnership to educate its employees on carbon emissions through interactive quizzes and challenges, further embedding sustainability into its corporate culture.

Quantitative Benefit

  • Connected to more than 200 financial institutions in Europe

  • Serving 5.3 million individual and business users

  • Part of the Climate Act, alongside nearly 200 tech companies committed to the energy transition

Related Case Studies.

Case Study
Real-time In-vehicle Monitoring
The telematic solution provides this vital premium-adjusting information. The solution also helps detect and deter vehicle or trailer theft – as soon as a theft occurs, monitoring personnel can alert the appropriate authorities, providing an exact location.“With more and more insurance companies and major fleet operators interested in monitoring driver behaviour on the grounds of road safety, efficient logistics and costs, the market for this type of device and associated e-business services is growing rapidly within Italy and the rest of Europe,” says Franco.“The insurance companies are especially interested in the pay-per-use and pay-as-you-drive applications while other organisations employ the technology for road user charging.”“One million vehicles in Italy currently carry such devices and forecasts indicate that the European market will increase tenfold by 2014.However, for our technology to work effectively, we needed a highly reliable wireless data network to carry the information between the vehicles and monitoring stations.”
Learn more
Case Study
Smooth Transition to Energy Savings
The building was equipped with four end-of-life Trane water cooled chillers, located in the basement. Johnson Controls installed four York water cooled centrifugal chillers with unit mounted variable speed drives and a total installed cooling capacity of 6,8 MW. Each chiller has a capacity of 1,6 MW (variable to 1.9MW depending upon condenser water temperatures). Johnson Controls needed to design the equipment in such way that it would fit the dimensional constraints of the existing plant area and plant access route but also the specific performance requirements of the client. Morgan Stanley required the chiller plant to match the building load profile, turn down to match the low load requirement when needed and provide an improvement in the Energy Efficiency Ratio across the entire operating range. Other requirements were a reduction in the chiller noise level to improve the working environment in the plant room and a wide operating envelope coupled with intelligent controls to allow possible variation in both flow rate and temperature. The latter was needed to leverage increased capacity from a reduced number of machines during the different installation phases and allow future enhancement to a variable primary flow system.
Learn more
Case Study
Automated Pallet Labeling Solution for SPR Packaging
SPR Packaging, an American supplier of packaging solutions, was in search of an automated pallet labeling solution that could meet their immediate and future needs. They aimed to equip their lines with automatic printer applicators, but also required a solution that could interface with their accounting software. The challenge was to find a system that could read a 2D code on pallets at the stretch wrapper, track the pallet, and flag any pallets with unread barcodes for inspection. The pallets could be single or double stacked, and the system needed to be able to differentiate between the two. SPR Packaging sought a system integrator with extensive experience in advanced printing and tracking solutions to provide a complete traceability system.
Learn more
Case Study
MasterCard Improves Customer Experience Through Self-Service Data Prep
Derek Madison, Leader of Business Financial Support at MasterCard, oversees the validation of transactions and cash between two systems, whether they’re MasterCard owned or not. He was charged with identifying new ways to increase efficiency and improve MasterCard processes. At the outset, the 13-person team had to manually reconcile system interfaces using reports that resided on the company’s mainframe. Their first order of business each day was to print 20-30 individual, multi-page reports. Using a ruler to keep their place within each report, they would then hand-key the relevant data, line by line, into Excel for validation. “We’re talking about a task that took 40-80 hours each week,” recalls Madison, “As a growing company with rapidly expanding product offerings, we had to find a better way to prepare this data for analysis.”
Learn more
© 2015-2024 IoT ONE Limited | Privacy Policy

Contact us

Let's talk!

* Required
* Required
* Required
* Invalid email address
By submitting this form, you agree that IoT ONE may contact you with insights and marketing messaging.
No thanks, I don't want to receive any marketing emails from IoT ONE.
Submit

Thank you for your message!
We will contact you soon.