Cogo and Eliq launch new partnership to help banking customers

Gothenburg, Sweden, 30th March 2023 / London, 30th March 2023Cogo – the carbon footprint management company that works with banks to help customers measure, understand and reduce their carbon footprint – is partnering with Eliq  – the experts in making sense of energy data – to inform and support banks and their customers as they navigate the challenges faced by climate change and the cost of living and energy crises.  

The combined pressure of these crises has led to an increased number of homes experiencing fuel poverty*. Through the partnership between Cogo and Eliq, banks can help customers address this issue. The combined data, insights and market-specific approach to carbon emissions and energy consumption, will provide banks with unique intelligence to provide tailored financing to improve energy efficiency in homes through retrofitting, with support from green loans and green mortgages.  

“We are really excited to partner with Cogo who are playing a key role in helping customers with the transparency of their carbon impact. Cogo is a market leader when it comes to using banking data to fight climate change, and by adding Energy Insights from Eliq, their offer just became a lot stronger,” says Will Ephraim, Head of Business Development, UK, Eliq.

Emma Kisby, CEO at Cogo, EMEA adds: “Energy consumption is one of the biggest contributors to people’s carbon footprint, so to be able to provide greater transparency around the impact of energy usage through this partnership with Eliq will be transformative. Not only will the partnership provide banking customers’ with greater clarity of their personal carbon footprint, but it will allow banks and energy companies to collaborate to create better, more affordable and impactful products which are personalised to the customer and their specific needs. This is a win-win for customers and the climate.” 

Recent research from Cogo showed that 58% of people want to learn more about how they can reduce their energy consumption and how to make greater efficiency savings.


About Eliq

Eliq’s purpose is to enable the home energy transition by helping utilities, banks and smart-home providers to empower their customers to make intelligent and sustainable home energy choices.

We drive digital transformation through our SaaS platform that leverages AI and data collected through unique customer interactions to generate insights that inspire and empower customers to join the fight against climate change. The platform enables active customer relationships based on targeted and highly personalised offers, for non-commodity business growth at a transformative scale.

We are advocates for the utilisation of open energy data, for an acceleration in the home energy transition. The fight against climate change is one that we need to tackle together, and we believe in creating strong partnerships with organisations that share our values and passion for a sustainable future.

About Cogo

Cogo is a carbon footprint management product that helps individuals and businesses to measure, understand and reduce their impact on the climate. Cogo does this through partnerships with some of the world’s largest banks to integrate leading carbon-tracking functionality into their banking apps. 

Cogo uses best-in-class models to provide accurate ways to measure carbon emissions specific to local markets and cutting edge behavioural science techniques to nudge customers to make more sustainable choices. 

Cogo currently works with 16 banks, with plans to double this in the next twelve months. Founded in 2016, Cogo now employs over 100 people, operates in 12 countries across Europe and Australasia (including the UK, Netherlands, New Zealand, Australia, Japan and Singapore). 

Cogo has raised over US$12.5million in funding since launch. 

To find out more information about Cogo, please visit

*Fuel poverty in England is measured using the Low Income Low Energy Efficiency (LILEE) indicator. Under this indicator, a household is considered to be fuel poor if:they are living in a property with a fuel poverty energy efficiency rating of band D or below, and when they spend the required amount to heat their home, they are left with a residual income below the official poverty line.