Sugi, a new app that enables users to check the carbon impact of their investments, has launched.
Sugi is powered by Moneyhub’s Open Finance data and intelligence API.
Users can compare the impact of their investments with industry benchmarks.
Sugi shows the annual carbon impact of each investment in “absolute numbers”.
What does this mean?
People are increasingly asking where their money is going and the environment is high on the list of ethical issues when it comes to investment. Sugi aims to help people “build a greener portfolio that is in line with their values”. At the moment it displays data for over 15,000 listed equities, 3,500 exchange traded funds (ETFs) and some actively managed funds which it plans to build on.