Australian Bank tracks customers emissions

[unlacedgecko]

CBA announces Australian banking first carbon tracking feature

CBA to provide personalised carbon footprint for customers based on their spending data in a partnership with fintech start-up CoGo.

www.commbank.com.au

 

[Highland Mule]

Nothing new, been done by RBS for a good while now. And they get it spectacularly wrong too. From memory, Harbro and ECV were both categorised as “eating out”, and some gift vouchers for Amazon that I bought in Morrisons was “food”.
Crock of ****

 

[CornishTone]

And you can bet that red meat will be classed as a high carbon footprint, encouraging people to move towards plant based, highly processed, high margin, bank/investor friendly (not environmentally friendly or health friendly) products… etcetera etcetera etcetera!

 

[melted welly]

Barclays or Lloyds were at it last year too, offering customers “rewards” for signing up to the voluntary scheme.

 

[roscoe erf]

i'd better lay off the beans

 

[CornishTone]

Was talking to a chap in the insurance industry the other day. Won’t say what company but they do a lot of agricultural insurance. He was saying both the bank and insurance industry are looking at the carbon footprint of their portfolios and seeing agriculture account for c10% of their investments but c35% (think I’ve got those figures as he said them) of their carbon footprint. They are starting to ask if they should be funding such a “dirty industry” especially, you guessed it, red meat!

This is the problem with using outdated, inaccurate metrics to account for ag emissions. We are going to get screwed from another direction if we aren’t careful, and this (above) will be part of it I suspect.

 

[DaveGrohl]

Was talking to a chap in the insurance industry the other day. Won’t say what company but they do a lot of agricultural insurance. He was saying both the bank and insurance industry are looking at the carbon footprint of their portfolios and seeing agricultural account for c10% of their investments but c35% (think I’ve got those figures as he said them) of their carbon footprint. They are starting to ask if they should be funding such a “dirty industry” especially, you guessed it, red meat!

‘This is the problem with using outdated, inaccurate metrics to account for ag emissions. We are going to get screwed from another direction if we aren’t careful, and this (above) will be part of it I suspect.

Mankind is being dragged back into the swamp by morons.

 

[yellow belly]

Was talking to a chap in the insurance industry the other day. Won’t say what company but they do a lot of agricultural insurance. He was saying both the bank and insurance industry are looking at the carbon footprint of their portfolios and seeing agriculture account for c10% of their investments but c35% (think I’ve got those figures as he said them) of their carbon footprint. They are starting to ask if they should be funding such a “dirty industry” especially, you guessed it, red meat!

This is the problem with using outdated, inaccurate metrics to account for ag emissions. We are going to get screwed from another direction if we aren’t careful, and this (above) will be part of it I suspect.

We need to do more carbon ordits of uk farms to get accurate data rather than using the few generic Audits done over seas
I am certain the uk livestock industry using locally sourced feed brewer grains biofuel ddg grass and forage from clover rich leys could compete in terms of carbon foot print
just as the uk cereal industry could with wheatabix shredded wheat and other breakfast cereals biscuits cakes and bread all produced close to the processing factory

 

[whitefox]

never seen "mcdonalds<burger king,kentucky etc" so busy..............all the part time vegans must be very busy campaigning there cause!!!!!!

 

[robs1]

Mankind is being dragged back into the swamp by morons.

You do wonder how such stupid people get to be in charge

 

[DaveGrohl]

You do wonder how such stupid people get to be in charge

What’s incredible is the sheer number of them.

 

[robs1]

What’s incredible is the sheer number of them.

Probably increasing at the same rate as university graduates, do you think there is a connection

 

[Old apprentice]

Did any of you see the Welsh farmer on GB news last night talking of the things going on in Canada new Zealand Holland and about to start hear the catastrophic goings on in sirlanca the interviewer was a scotch lad they are all brainwashed by idiots that farming is a disaster for the planet . Yes there idea of cutting food production would help when half the population is dead from hunger and poisoned with slop made in factories of the ilks, of the big money tycoons.when will the morons wake-up !!!!!

 

[Hilly]

Did any of you see the Welsh farmer on GB need last night talking of the things going on in Canada new Zealand Holland and about to start hear the catastrophic goings on in sirlanca the interviewer was a scotch lad they are all brainwashed by idiots that farming is a disaster for the planet . Yes there idea of cutting food production would help when half the population is dead from hunger and poisoned with slop made in factories of the ilks, of the big money tycoons.when will the morons wake-up !!!!!

We are the idiots not them they are clever they are going to steal everything off us , all we will do is argue among ourselves all the time the tycoons are royaly shafting us all .

 

[Werzle]

Did any of you see the Welsh farmer on GB need last night talking of the things going on in Canada new Zealand Holland and about to start hear the catastrophic goings on in sirlanca the interviewer was a scotch lad they are all brainwashed by idiots that farming is a disaster for the planet . Yes there idea of cutting food production would help when half the population is dead from hunger and poisoned with slop made in factories of the ilks, of the big money tycoons.when will the morons wake-up !!!!!

Gareth wyn jones, top bloke.

 

[Macsky]

We need to do more carbon ordits of uk farms to get accurate data rather than using the few generic Audits done over seas
I am certain the uk livestock industry using locally sourced feed brewer grains biofuel ddg grass and forage from clover rich leys could compete in terms of carbon foot print
just as the uk cereal industry could with wheatabix shredded wheat and other breakfast cereals biscuits cakes and bread all produced close to the processing factory

I think we need to fight against the whole carbon economy altogether, you're trying to fight them at a game they’ve made up entirely themselves. The whole thing is a massive massive scam.

 

[robs1]

I think we need to fight against the whole carbon economy altogether, you're trying to fight them at a game they’ve made up entirely themselves. The whole thing is a massive massive scam.

Yet the clever folk are busy selling carbon credits, this will be the next ppi type scandal and guess who will be paying

 

[Old apprentice]

Another thing minett,batters is reported that she wants whole life assurance this is the thin end of the edge to finish auction Mart's with rt, is here baby and that is tuning its attention to finish auctions,with all there both members trying to control how livestock are sold .

 

[Macsky]

Yet the clever folk are busy selling carbon credits, this will be the next ppi type scandal and guess who will be paying

When your soil is retested in 20 years and found to contain next to no extra carbon, then what? Bust.