Leverage unprecedented reach and influence over customers to make climate literacy grow
Meet an increasing demand
Expectations on banks are changing as a generation of increasingly climate conscious consumers come of age. Meanwhile the entire population is becoming more aware of the impact of individual consumption habits.
With unique visibility into consumption habits and the digital surfaces to meet customers where they are, banks are perfectly placed to take advantage of this shift. Banks can provide relevant information about spending in context, while iteratively driving customers towards change through deeper insights, incentives, and sustainable products and services.
However, banks must walk the thin line between informing their customers of the urgency of the crisis and overwhelming them, which can lead to decision paralysis or information avoidance. Using behavioral science allows us to get this balance right, providing not only the information but also the motivation and ability needed for the behavior to follow.