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The division will help customers understand their carbon and track their climate ambitions
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It has stated the use of the new technology for the next five years will reduce emissions by close to 500 tonnes
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The Spanish bank has already channelled €59bn into sustainable projects since 2018
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The bank has also pledged to achieve carbon-neutrality across its own emissions and those of its customers by 2050
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The new tool measures activity in business banking accounts related to electricity, gas or fuel expenditure and works out what this generates in terms of tonnes of carbon dioxide
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