Carbon Offsets are Being Added to Interactive Brokers' Sustainability Offerings.

Carbon Offsets, a new product accessible via IMPACT, Interactive Brokers' mobile trading software designed for socially aware investors, was unveiled today by Interactive Brokers, an automated worldwide electronic broker. Carbon Offsets enables investors to make a long-term environmental impact by simply lowering individual carbon emissions via the use of a single trading platform intended to simplify the sustainable investment process for any investor.

Airplane travel, as well as innocuous daily activities, emit hazardous greenhouse gas emissions. Building on the ease of use of IMPACT, investors may now utilize the Carbon Offsets tool to choose between greenhouse-gas emitting activities connected to home, transportation, and food, or input a precise quantity of carbon to offset in dollars or tons. Interactive Brokers finds and retires Carbon Credits at the right authorities, allowing investors to decrease their carbon footprints wholly or partly while accomplishing larger sustainability objectives.

A customer flying from New York City to Hong Kong, for example, may hit the “Offset Your Carbon” banner on the IMPACT app homepage and scroll up to check offsets by category. The customer may then choose the flight duration in hours and buy carbon offsets to have a good influence on the environment. Furthermore, the technology provides the number of tons of carbon neutralized in both the app and on account statements, allowing customers to follow their progress toward reducing their carbon footprints.

“Sustainability and environmental awareness are not isolated issues; they point to a broader cultural shift.” A culture that recognizes the interconnectedness of our global society. As a consequence, we continue to build solutions that serve this collective culture,“ Will Peterffy, ESG Director at Interactive Brokers, stated. ”Through the IMPACT app, Carbon Offsets makes it simple for our customers to join in the rising collective culture devoted to stewarding our planet while investing in businesses that further fit with their beliefs.

Sustain. Life and Interactive Brokers cooperated to give emissions statistics for any carbon-emitting action accessible in the app. Sustain. Life's SaaS platform assists businesses of all sizes in reducing their environmental effect by giving ESG tools for measuring and managing carbon emissions. For IB LLC customers, the Carbon Offsets feature is accessible in the IMPACT app.

The following are some facts about Interactive Brokers Group, Inc.:

Affiliates of Interactive Brokers Group offer automated trade execution and custody of stocks, commodities, and foreign currency on over 135 markets in various countries and currencies around the clock to customers globally via a single IBKR Integrated Investment Account. Individual investors, hedge funds, proprietary trading groups, financial advisers, and introducing brokers are all served by us. Because of our four decades of concentration on technology and automation, we have been able to provide our customers with a particularly advanced platform for managing their investment portfolios. We endeavor to give our customers favorable execution pricing and trading, risk and portfolio management tools, research facilities, and investment products at low or no cost, allowing them to generate higher returns on investments. In its Best Online Broker Review published on February 26, 2021, Barron's placed Interactive Brokers first with 5 out of 5 stars.