Track your Carbon Footprint

moey! is the only bank account in Portugal to give you an estimate of your Carbon Footprint


With moey!, you can:
• Track the Carbon Footprint estimate according to the categories that are assigned to your expenses, either by monthly total or by category;
• Understand the estimated translation of your expenses in km traveled, plastic bags and felled trees;
• Have access to several tips to become more eco-friendly and help you change some of your habits.

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moey! is part of Crédito Agrícola Group

Analyse the CO2e emissions of your expenses

In your moey! app you can see an estimate of the Carbon Footprint, by transactions, categories and by months, which is displayed in kg of CO2e (carbon dioxide equivalence). This estimate is calculated solely based on the expense category of your transactions.
Learn more about moey!'s Carbon Footprint
Find out here how CO2e emissions are calculated in your moey! app and how it can be useful for you

Carbon Footprint

What is the Carbon Footprint?

Your Carbon Footprint reflects the impact you are having on the planet. The Carbon Footprint in moey! app is displayed as a unit of CO2e (carbon dioxide equivalence) and whose emissions calculations include the gases from greenhouse effect included in the Kyoto Protocol:

• Carbon Dioxide (CO2)
• Methane (CH4)
• Nitrous Oxide (N2O)
• Hydrofluorocarbons (HFCs)
• Perfluorocarbons (PFCs)
• Sulfur hexafluoride (SF6)

To make it easier to read, the estimated Carbon Footprint in moey! app is also displayed in other measurement units. This way you can know that the greenhouse gases emitted by your expenses are equivalent to km traveled, used plastic bags and trees felled.
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What is the use of tracking the Carbon Footprint?

Knowing our carbon emissions is essential to reduce it and thus slow down global warming, improving the quality of life for our generation and future generations. With your moey! app, you can now follow an estimate of your Carbon Footprint according to the categories that are attributed to your expenses and consult tips that can help you to be more eco-friendly.
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How is the Carbon Footprint calculated?

moey! uses a service from fintech Meniga, called “Carbon Insight”, to estimate your Carbon Footprint. “Carbon Insight” contains an estimate of the Carbon Footprint of around 80 spending categories and was created to empower people on environmental issues, helping them to become more aware of their own Carbon Footprint and letting them know its composition by spending categories.

The database that feeds “Carbon Insight” and stores all the data about the Carbon Footprint of spending categories is called the “Meniga Carbon Index”. Scientific research and databases which detail the flow of goods and services between regions and countries are used to create the Meniga Carbon Index. Publicly available data about private consumption and the carbon footprint of goods and services are also used.
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Do you want to reduce your environmental impact?
Check out moey!'s tips in these articles to help you understand how we can all contribute to a greener planet!
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