smava Takes Climate Action With Planetly

smava was launched in 2007 as the first German Fintech with the mission to make loans transparent, fair and affordable for consumers.

smava works with Planetly to create transparency about its own carbon footprint. With Planetly’s support, smava already calculated and analysed its CO2 emissions for 2019 and 2020 and offset all unavoidable emissions by supporting high-impact climate action projects.

Planetly also supports smava in developing sustainable reduction strategies.

Financial Services
Berlin, Germany
Carbon Footprint:
7310 t CO2e (2020)
Berlin and Hamburg
9941 t
Carbon Offset
(2019 & 2020)
Offset Projects
2019 onwards
Analysis Period
About smava

Background & Objectives

smava has been making loans transparent, fair and affordable for consumers since 2007. With the help of digital processes, smava offers an overview of more than 70 loans from more than 20 banks and lending partners. This enables consumers to select the right loan for them and conclude it straight away. On average, borrowers pay 35 percent less interest than the national average by taking out a loan through smava.

As a member of the initiative “Leaders for Climate Action”, Co-Founder and CEO Alexander Artopé is already actively committed to climate action. Alexander Artopé and the entire management team are convinced that transparency is not only an essential element in the financial sector but also for climate action.

Their goal is to continuously minimise smava’s carbon footprint and become carbon neutral. With Planetly, smava is putting this plan into practice. As a carbon neutral company for 2019 and 2020, smava fulfilled its LFCA Company Pledge and is committed to continue to do so in the future.

“As a member of “Leaders for Climate Action”, I am already actively committed to take climate action and want to pave the way to carbon neutrality for smava. With Planetly, we found an innovative and experienced partner to put this into practice. I am particularly enthusiastic about our individual climate action portfolio which also includes local projects that we particularly care about.”


smava's Carbon Footprint

smava’s carbon footprint comprises the sum of greenhouse gases that are released into the atmosphere by all aspects of the company’s operations. A large proportion of these emissions comes from smavas office operations, employee commute and business travel as well as external services the company uses.

smava’s carbon footprint takes into account not only direct and energy-related emissions (scope 1 and scope 2) but also the emissions generated in the value chain by service providers and purchased products and services (scope 3).

Analysis Results

The largest share of smava’s footprint is caused by emissions in scope 3, with the biggest emission driver being purchased goods and services that smava uses. This includes, for example, marketing services, telecommunications or freelancers that smava works with.

7,310 t CO2e
total carbon emissions (2020)
0 t CO2e
Scope 1 emissions
184.2 t CO2e
Scope 2 emissions
7,125.47 t CO2e
Scope 3 emissions

smava Takes Climate Action

In order to reduce its carbon footprint, smava switched all office locations to green electricity and is providing water dispensers in the offices instead of plastic bottles.
smava has a generous home office policy which allows employees to work from home, thus reducing the commuting of employees. They also subsidise the use of public transport by offering a company ticket.

Since 2021, smava has had a GreenTeam and a SocialTeam that drive sustainable initiatives across the organisation.

smava CEO Alexander Artopé and CFO Sebastian Bielski are particularly committed to preserving our ecosystem. Therefore, smava supported a local afforestation project in Brandenburg and an ocean protection project with the Plastic Bank instead of buying Christmas presents for business partners in 2020. 

In 2021, smava also set up bee hotels at the Berlin headquarters to support the preservation of our biodiversity and an intact ecosystem.

The GreenTeam and SocialTeam also initiated several additional donation campaigns, for example laptop donations for e.g. schools or refugees, donations for homeless people or donations for victims of the floods in Germany in 2021. 

The company also now has a collection point for bottles with refundable deposit in its Berlin headquarters - the money is then donated to Berliner Tafel. And smava’s Christmas donation in 2021 supported social initiatives for children in Berlin.

CLimate action

smava Has Fully Offset Its CO2 Emissions From 2019 and 2020

CEO Alexander Artopé and CFO Sebastian Bielski share a passion for forests and water and want to make a sustainable contribution here. Their passion is therefore also reflected in smava's climate action portfolio.

In 2019, smava supported a clean water project in Rwanda and a rainforest protection project in Borneo, Indonesia.

In 2020, smava offset residual emissions by supporting a clean water project in Sierra Leone, a hydro project in Turkey, a biogas project in China and a wind energy project in India.

All projects are certified by the highest standards.

REDD+ Rainforest
Protection Project

1 / 6

Clean Water

2 / 6

Small-scale Hydro

3 / 6

Poor Household Biogas
Development Project

4 / 6

Wind Energy

5 / 6

Clean Water

Sierra Leone
6 / 6