Interactive Brokers Expands Sustainability Offerings with Carbon Offsets | Your money

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GREENWICH, Conn.–(BUSINESS WIRE)–March 23, 2022–

Interactive Brokers (Nasdaq: IBKR), a global automated electronic broker, today launched Carbon Offsets, a new feature available through IMPACT, Interactive Brokers’ mobile trading application developed for socially responsible investors. Carbon Offsets enables investors to make a sustainable environmental difference by easily reducing individual carbon emissions using the same trading platform designed to streamline the sustainable investing process for any investor.

This press release is multimedia. View the full press release here: https://www.businesswire.com/news/home/20220323005251/en/

Carbon offsets available in IMPACT by Interactive Brokers (Photo: Business Wire)

Air travel and seemingly benign everyday activities produce harmful greenhouse gas emissions. Building on the simplicity of IMPACT, investors can now use the carbon offset tool to choose among greenhouse gas emitting activities related to households, transport and food, or enter a specific amount of carbon to be offset in dollars or tonnes. Interactive Brokers transparently sources and withdraws carbon credits from the appropriate agencies, enabling investors to fully or partially reduce their carbon footprint, while meeting broader sustainability goals.

For example, a customer planning to travel from New York to Hong Kong can tap on the “Offset Your Carbon” banner on the IMPACT app homepage and swipe up to review offsets by category. The customer can then select the flight time in hours and purchase the carbon offsets to have a positive impact on the planet. Additionally, the tool reports the number of tonnes of carbon neutralized both in the app and on account statements, allowing customers to track their progress towards reducing their carbon footprint.

“Sustainability and environmental awareness are not isolated aspects, they speak of a collective culture. A culture aware of the interconnected nature of our global community. As a result, we continue to develop products that serve this collective culture,” said Will Peterffy, ESG Director at Interactive Brokers. “Carbon Offsets makes it easy for our clients to participate in the emerging collective culture dedicated to protecting our planet while investing in companies that are more aligned with their values ​​through the IMPACT app.”

Interactive Brokers has worked with Sustain.Life to provide emissions data for each carbon-emitting activity available in the app. Sustain.Life’s SaaS platform helps companies across all industries reduce their environmental impact by providing ESG tools that help measure and manage their carbon emissions. The Carbon Offsets tool is available in the IMPACT app for IB LLC customers.

For more information on carbon offsets, visit IMPACT by IBKR Features.

For more information, including disclosures, and to download the IMPACT app, visit IMPACT by IBKR.

IB LLC is a member of SIPC.

About Interactive Brokers Group, Inc.:

Interactive Brokers Group affiliates provide automated trade execution and custody of securities, commodities and currencies around the clock in over 135 markets in many countries and currencies, from a single account IBKR integrated investment program to clients around the world. We serve retail investors, hedge funds, proprietary trading groups, financial advisors and introducing brokers. Our four decades of focus on technology and automation has enabled us to equip our clients with a single, sophisticated platform to manage their investment portfolios. We strive to provide our clients with advantageous execution pricing and trading, risk and portfolio management tools, research facilities and investment products, all at low or no cost, positioning them to obtain higher returns on investments. Barron’s ranked Interactive Brokers #1 with 5 out of 5 stars in its February 26, 2021 review of Best Online Broker.

See the source version on businesswire.com: https://www.businesswire.com/news/home/20220323005251/en/

CONTACT: Interactive Brokers Group, Inc.

Media: Katherine Ewert, [email protected]

KEYWORD: UNITED STATES NORTH AMERICA CONNECTICUT

INDUSTRY KEYWORD: PROFESSIONAL SERVICES TECHNOLOGY ENVIRONMENT FINANCE SOFTWARE BANK

SOURCE: Interactive Brokers Group, Inc.

Copyright BusinessWire 2022.

PUBLISHED: 03/23/2022 10:00 AM/DISC: 03/23/2022 10:02 AM

http://www.businesswire.com/news/home/20220323005251/en

Copyright BusinessWire 2022.

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