CarbonBank is a digital platform based on Greentoken by SAP and designed by CarbonLeap to revolutionise the way companies manage and account for their carbon reduction efforts. Serving as the backbone of CarbonLeap’s emissions reduction services, CarbonBank offers a secure, transparent, and efficient means for tracking, tokenising, and allocating carbon reduction units.

‍This platform ensures the seamless exchange of these units between entities, allowing businesses to substantiate their sustainability achievements and to allocate reductions to downstream customers (Scope 3). By leveraging blockchain technology, CarbonBank guarantees the integrity, traceability, and permanence of every transaction, safeguarding against any double counting.

This platform is not just about accountability—it’s about empowerment. CarbonBank enables you to navigate the world of carbon trading and insetting with ease, simplifying the complexities of overviewing carbon reductions and driving progress towards your climate targets.