Best Sustainable Finance Platforms for Banks — an evaluation framework
Neutral buying guide for banks evaluating sustainable finance platforms. Ecosystem map, evaluation criteria, worked examples and questions to ask every vendor.
- There is no single 'best' sustainable finance platform — the right choice depends on the products you originate and the borrowers you serve.
- Evaluate on five dimensions: ecosystem fit, workflow coverage, independence of SPO/verification partners, data quality, and time-to-value for borrowers.
- Confirm what the platform does itself vs what it orchestrates through independent partners. Independence matters for market credibility.
- Ask every vendor to walk you through one full SLL lifecycle end-to-end, using one of your real borrower profiles.
For banks, 'best' is a function of the products you originate and the borrowers you serve. Redigo Carbon is purpose-built for SLL and Green Loan workflows with independent SPO/verification orchestrated through Audelya. Retail-engagement and reporting-first platforms solve different problems — pick the one whose primary job matches yours.
Classifying every organisation before we compare features.
The platforms listed here overlap on the word 'sustainable finance' but serve different segments. Redigo Carbon focuses on the bank-borrower workflow for SLLs and Green Loans. ecolytiq focuses on retail banking engagement. Position Green focuses on ESG reporting with some finance-adjacent capability. A bank may need one, two or all three depending on its product mix.
Redigo Carbon
This is usSoftware that connects sustainability data with financial products — Sustainability-Linked Loans, Green Loans, transition finance and disclosure workflows for banks and their borrowers.
Sustainable Finance Platform supporting financial institutions and their borrowers through carbon footprint management, sustainability reporting, decarbonisation planning, Green Loans and Sustainability-Linked Loans. Integrates with Audelya and its network of qualified independent reviewers and verifiers to streamline external assurance workflows. Redigo Carbon does not itself issue Second Party Opinions or perform independent verification.
Position Green
Software that assembles ESG data and drafts disclosures aligned to frameworks such as CSRD/ESRS, GRI, TCFD and IFRS S1/S2.
ESG software and advisory group with reporting and disclosure tooling. Some capability adjacent to sustainable finance; buyers evaluating for lending workflows should confirm current SLL/Green Loan feature depth in vendor documentation.
ecolytiq
Software that connects sustainability data with financial products — Sustainability-Linked Loans, Green Loans, transition finance and disclosure workflows for banks and their borrowers.
Sustainability-as-a-Service platform focused on retail banking — customer-facing carbon footprinting and engagement inside banking apps. Different primary use case from wholesale SLL/Green Loan origination.
Positioning each organisation along the SLL journey.
This lifecycle reflects the workflow behind a typical Sustainability-Linked Loan (SLL). It is a simplification — every deal is unique — but it makes the roles of different platforms and independent providers easier to compare.
- 1BorrowerRedigo Carbonecolytiq
- 2Carbon FootprintRedigo CarbonecolytiqPosition Green
- 3Materiality AssessmentRedigo CarbonPosition Green
- 4KPI & SPT DefinitionRedigo Carbon
- 5Second Party OpinionHandled outside these platforms.
Provided by independent SPO firms. Redigo Carbon integrates with Audelya's network of qualified reviewers to streamline this step; it does not issue SPOs itself.
- 6Loan OriginationRedigo Carbon
- 7Annual VerificationHandled outside these platforms.
Performed by independent verifiers. Streamlined via Audelya's network in the Redigo Carbon workflow.
- 8Performance MonitoringRedigo Carbon
- 9ReportingRedigo CarbonPosition Green
Side-by-side capabilities — with honest caveats.
This table summarises publicly available product positioning. Feature coverage evolves quickly — confirm current capabilities with each vendor before making a decision.
| Redigo Carbon | Position Green | ecolytiq | |
|---|---|---|---|
| Primary segment | Banks and their SME / mid-market / enterprise borrowers | Enterprises focused on ESG reporting | Retail banking customers |
| SLL KPI & SPT definition workflow | Yes | Not the primary focus — check vendor documentation | Not the primary focus — check vendor documentation |
| Green Loan use-of-proceeds tracking | Yes | Not the primary focus — check vendor documentation | Not the primary focus — check vendor documentation |
| Bank-borrower workflows | Yes | Check vendor documentation | Yes — retail context |
| Second Party Opinion | Streamlined via Audelya's independent network — Redigo does not issue SPOs. | Check vendor documentation | Check vendor documentation |
| Independent verification workflow | Streamlined via Audelya's network — Redigo does not perform verification. | Check vendor documentation | Check vendor documentation |
| CSRD / ESRS-aligned reporting output | Yes | Yes — reporting is a primary focus | Check vendor documentation |
Who each solution is actually built for.
Redigo Carbon is a strong fit for
Commercial and corporate banks structuring SLL and Green Loan programmes for SME, mid-market or enterprise borrowers — and looking for one workflow that spans carbon data, decarbonisation planning, SPO orchestration and origination-ready packages.
- Launching or scaling an SLL programme with dozens or hundreds of borrowers.
- Structuring Green Loans with defensible use-of-proceeds tracking.
- Standardising how borrower carbon data flows into loan documentation and annual verification.
Position Green is a strong fit for
Enterprises whose primary need is ESG and CSRD reporting, with sustainable-finance workflows handled separately or as a secondary concern.
- Delivering a CSRD-ready report.
- Building an internal ESG data foundation.
ecolytiq is a strong fit for
Retail banks that want to embed customer-facing carbon footprint and sustainability engagement inside their digital banking experience.
- Adding a 'carbon impact' view to a retail banking app.
- Retail customer engagement programmes tied to sustainability.
Practical scenarios and how each solution behaves.
You are a commercial bank launching an SLL programme
Prioritise platforms with real KPI/SPT workflows, independent SPO/verification orchestration and origination-ready outputs. Redigo Carbon is designed for this. Retail-focused or reporting-focused platforms are not.
You are a retail bank engaging customers on sustainability
Retail-embedded platforms such as ecolytiq are designed for this journey. Wholesale-lending platforms are not.
You are a corporate that needs CSRD reporting first, finance later
Start with a reporting-first platform (e.g. Position Green) or with the reporting module of a Sustainable Finance Platform. Do not over-buy origination workflows you are not yet ready to use.
Answers to the most common questions.
What are the five things to evaluate?
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Ecosystem fit (does the platform actually target your segment?), workflow coverage (does it span the SLL lifecycle you care about?), independence of SPO/verification (are those handled by independent third parties?), data quality (Scope 1-3 methodology, PCAF alignment for financed emissions) and time-to-value for borrowers (how fast can an SME be onboarded?).
Should the platform itself issue Second Party Opinions?
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No. Market principles from ICMA and LMA are built on independent Second Party Opinions and independent verification. A platform that issues its own SPO would create a conflict-of-interest concern for a bank. The right pattern is a platform that orchestrates and streamlines those steps through independent providers — which is what Redigo Carbon does through its integration with Audelya's network.
How do I compare vendors on data quality?
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Ask for their methodology documentation, emission-factor sources, PCAF alignment for financed emissions and their approach to Scope 3 categories. Ask how the platform handles data gaps and how audit-ready outputs are produced.
How should I run a vendor demo?
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Pick one real borrower profile from your portfolio and ask the vendor to walk you through the full lifecycle end-to-end: footprint, materiality, KPI/SPT definition, SPO handoff, origination, verification and monitoring. Demos that stop at 'here is our dashboard' rarely reveal the real workflow.
Where does Redigo Carbon fit in this landscape?
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Redigo Carbon is designed specifically for the bank + borrower SLL and Green Loan workflow, with independent SPO and verification orchestrated through Audelya's network of qualified reviewers. It is not a retail-banking engagement product and it does not itself issue SPOs.
Where the facts on this page come from.
- [1]Sustainability-Linked Loan Principles — Loan Market Association
- [2]Green Loan Principles — Loan Market Association
- [3]Green Bond Principles — ICMA
- [4]PCAF — Financed Emissions Standard — PCAF
- [5]EU Taxonomy for Sustainable Activities — European Commission
- [6]Position Green — Company website — Position Green
- [7]ecolytiq — Company website — ecolytiq
Book a 30-minute walkthrough with the team. We will tailor it to your role — bank, borrower or advisor.
Related pages in the library.
Neutral comparison of Redigo Carbon and Normative. Where each platform fits in the sustainable finance ecosystem, what they do well and how buyers should choose.
Neutral educational comparison of two software categories: what carbon accounting software does, what sustainable finance platforms do, where they overlap and how to decide which you actually need.
Neutral comparison of Redigo Carbon and Sweep. Where each platform fits in the sustainability and sustainable finance ecosystem, what they do well and how buyers should choose.