What We Support
At Yield, we're revolutionizing the way you save money and the Earth. We believe in the power of green investments to combat climate change while providing a robust return on investment. Here are the types of green investments we support.
Some of these include:
- Electric Vehicles: We invest in the future of transportation by supporting companies that are developing and manufacturing electric vehicles. These investments help reduce our reliance on fossil fuels and contribute to a cleaner, more sustainable transportation future.
- OEM Parts Manufacturing for Electric Vehicles: We also invest in the manufacturers that produce parts for electric vehicles. By supporting these businesses, we're helping to build the infrastructure necessary for a more sustainable transportation sector.
- Solar Installations: We believe in the power of the sun to provide clean, renewable energy. Investments in solar installations help to reduce greenhouse gas emissions and create a more sustainable energy future.
Calculating Impact
In our application, you will see a value relating to the environmental impact of your investment. While we are still working on a way to accurately measure the impact of your investment, we use an approximation based on what we know about how our money is being deployed.
In cases where the impact is not clear enough, we take additional steps to ensure a positive environmental outcome. We partner with SankalpTaru Foundation to plant trees. One tree can absorb a significant amount of carbon per day, calculated using standards from the U.S. Environmental Protection Agency. This value is used to quantify the environmental impact of your investment.
Specifically, we assume one tree can absorb 22.7Kg of CO2 every year (60 grams per day, per tree). For every 100,000 INR we collect, we plant one tree which equates to 0.06g per 100 INR invested with us, each day.
We endeavor to make this your baseline contribution, regardless of the any other environmental gains.
Environmental Impact Through Mobility
Two-Wheelers
Investing in our electric two-wheelers means directly contributing to a reduction in CO2 emissions. With an average lifespan of 10 years and 8,800 km traveled annually, the shift from petrol to electric two-wheelers presents significant environmental savings. By our calculations, this could result in a reduction of approximately 7.48 metric tons of CO2 over a decade. With 100,000 INR (average cost of a bike) you invest into electric mobility, this is the impact you can have.
Four-Wheelers
The case for electric four-wheelers is even more compelling when considering the higher emissions from petrol or diesel cars. Assuming a similar lifespan and distance traveled, and given that cars emit about 120 grams of CO2 per km, the CO2 savings are substantial. Transitioning to an electric four-wheeler could save upwards of 10.56 metric tons of CO2 in a decade, enhancing our environmental investment impact. With 500,000 INR (average cost of a car) you invest into electric mobility, this is the impact you can have.
Our medium term goal is deeper integration with our assets to be able to track distance and hence impact more accurately.
