Tred, a trailblazing fintech company dedicated to sustainability, is releasing its pioneering green business current accounts, made for small and medium-sized enterprises (SMEs) in the UK.
This innovative account marks a significant step forward in the evolution of green finance, by providing businesses with fossil fuel free accounts, helping them lead the charge towards a sustainable future, and establishing a new standard for how financial companies care for the environment.
Revolutionising Sustainable Finance for SMEs
Tred’s green current accounts offer a revolutionary approach to financial management by integrating sustainability into the core of business operations.
What does a Tred business account offer?
• An account built on green values: Unlike traditional financial institutions, Tred doesn’t invest in fossil fuels. Instead, they contribute towards reforestation efforts within the UK, supporting projects that enhance biodiversity and combat climate change. They are also B Corp certified and a 1% for the Planet member.
• Automated carbon tracking and reporting: Tred makes it easier than ever for businesses to monitor their carbon footprint with each transaction. It provides unprecedented insights into their environmental impact enabling businesses to make informed decisions that align with their sustainability goals.
• A modern, innovative, easy-to-use app: Tred’s state-of-the-art money management app provides a seamless and intuitive user experience, ensuring businesses can manage their finances efficiently while focusing on sustainability.
Catalysing Industry-Wide Change
“Over the past decade, we’ve seen businesses with a clear purpose grow 2.5x faster than those without. Sustainability is better for business and the planet.” said Will Smith, Co-Founder of Tred.
“Tred’s fossil-fuel free current accounts enable any business to start on their sustainability journey. We’re helping open up new opportunities for businesses across the UK.”
First Customers Onboarded, Public Launch Later This Year
Tred has successfully onboarded its first customers from a substantial waitlist, demonstrating a strong demand for sustainable financial solutions. The company plans to publicly launch the green business accounts later this year, making it possible for all SMEs in the UK to access and benefit from these innovative green accounts.
Joining Forces for a Greener Future
In a further commitment to driving systemic change, Tred has recently joined Bankers for Net Zero. An initiative that unites financial institutions in the mission to support the UK’s transition to a net-zero economy. This partnership underscores Tred’s dedication to aligning financial practices with global climate goals and reinforcing its position as a leader in green finance.
Impact on the Green Finance Landscape
Tred’s approach is poised to have a profound impact on the wider industry, setting new standards for sustainability in the finance sector, while also empowering UK businesses to align their practices with a sustainable future.