Leading UK digital challenger bank Tandem Bank announces today that it has joined the Green Finance Institute’s Coalition for the Energy Efficiency of Buildings (CEEB).
Tandem joins a network of around 365 members representing sectors across finance, business, policy, and civil society working to develop a market for financing Net Zero carbon and climate resilient buildings in the UK.
In line with Tandem’s mission to provide banking for a greener future, the Green Finance Institute was set up with the vision of a “greener future made possible by finance”. In joining its built environment coalition, Tandem takes a further step forward in its ambition to provide consumers with greater access to greener financial choices.
Since launching in 2019, CEEB has released a host of useful resources aimed at developing the market for financing energy efficiency. This includes analyzing the current market for financing energy efficiency improvements in UK homes, as well as identifying specific initiatives where financial innovation can bridge investment gaps to drive systemic change.
Tandem’s participation in CEEB will enable it to bring its expertise in savings, lending and green consumer finance to ongoing projects like the Green Mortgages Hub, supporting the development and launch of more innovative green home financing products to better serve and support consumers in the transition to Net Zero.
Commenting on Tandem’s association with the CEEB, Susie Aliker, CEO, said:
“This is a brilliant opportunity for Tandem to join leaders across a range of sectors to develop green and innovative financial products that will address the retrofit investment gap. With over 28 million homes in need of retrofitting by 2050, collaboration is key to successfully tackling Net Zero targets. We look forward to sharing our expertise and working together to continue to support everyday people in the journey to Net Zero.”
Emma Harvey, Program Director, Green Finance Institute, said:
“We warmly welcome Tandem to add their experience and expertise to the efforts of the Coalition and look forward to their valuable contribution within the network. The collaboration and combined expertise of forward-thinking companies is essential to create and deliver finance solutions for individuals and business.”