Helios, finances the ecological transition

Helios, finances the ecological transition

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A young but influential eco-bank

Born in 2020 from the desire to create an ecological alternative to traditional banks, Helios quickly established itself as a benchmark player in the sector. In less than 2 years, the eco-bank has been able to unite a community of several tens of thousands of people, and more than 100 million euros have been placed in its accounts. Thanks to this success, Helios announces today 6 million euros invested in innovative projects in favor of ecological transition.

6 million euros for impact projects

Helios has identified several priority sectors to act concretely on the ecological transition: renewable energies, sustainable agriculture, the conservation of ecosystems, low-carbon mobility, energy efficiency, water purification… The young pousse presents the first funded projects and announces that others will be revealed on its site in the coming months.

Passing the milestone of 12,000 customers, Helios has announced projects with a strong environmental impact

Helios tackled the problem of single-use plastic. Discarded all over the world, PET (plastic mainly used in the world, resulting from the transformation of petroleum) takes more than 1,000 years to decompose. Scientists agree that by 2050 there will be more plastic in the oceans than fish (sources: Ellen McArthur Foundation in 2016, supplemented by The Pew Charitable Trusts study and SystemiQ in 2020) . This is why Helios has financed Carbios, an innovative French company that makes it possible to recycle PET endlessly.

In the food sector, livestock farming is responsible for 14.5% of greenhouse gas emissions (source: FAO’s Tackling Climate Change Through Livestock in 2013). Concerning this key theme to fight against global warming, the eco-bank has already announced the financing of 2 projects.

Olatein first, to encourage research on vegetable proteins to reduce our meat consumption. The second project, Florimond Desprez, aims to develop crops that are more resilient to extreme climatic hazards which are increasing year after year. The aim is to alleviate shortages of food resources.

In the water sector, Helios has chosen to direct its first investments towards solving the wastewater challenge. This is why it financed the project of the metropolis of Montpellier in order to modernize its water purification network, and thus to rid the water of its pollutants in order to be able to discharge it without risk into the natural environment.

According to studies published by the State, transport is responsible for 31% of greenhouse gas emissions in France. Helios has chosen to tackle this problem by participating in the financing of the renovation of the Marseille metro, in order to encourage the development of public transport in the agglomeration.

Thanks to these first funding announcements, Helios is therefore showing that it has established itself as a key player in both the financial ecosystem and the ecological transition.