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Teach Forex

About business:

Teach Forex Ltd (Money Wize) provides:

  • Training (educating users about basics of money)
  • Encouragement (providing support to users around planning their personal  budget)
  • Enabling users to make wise financial choices to develop healthy habits.

What successes has Global Action Plan's ERDF project helped your business achieve:

"I have become more aware of ways to reduce carbon emission and have implemented simple changes to demonstrate this; e.g. 
- more online working to share documents, 
- online payments for items, 
- less car travel and more days working form home or on the move."

Arinola Araba 
Project Director, Teach Forex Ltd (Money Wize),, Barking & Dagenham

From their actions they have reduced their annual carbon dioxide emissions by around 1.5 tonnes CO₂e with an estimated cost saving of over £190.

Key targets achieved to date:

1.5 tonnes CO2e saved annually

Good Practice Identified:

  • Moved 1 users over to Google mail.
  • Reduced the amount of car mileage carried out for business purposes.
  • Reduced the amount of public transport used for business purposes.
  • Turned their heating down.
  • Fitted water saving devices in their toilets, resulting in an annual water saving of 600 litres.
  • Reduced their paper use by 10 kg a year.
  • Increased their recycling by 3 tonnes a year.

Testimonial / Case Study submission date: 

    25th February 2013

Project name and objectives:
The ERDF funded project - Environmental Savings through ICT (Green ICT) is a Global Action Plan - UK initiative to assist 122 SMEs in London increase their economic performance and reduce a total of 100 tonnes of CO2. The project is part financed by the GLA's ERDF Programme 2007-13. The aim of the project is to help small and medium sized businesses to implement IT solutions to help them manage and reduce their environmental impact while optimising business growth.

Project contact details:

Senior Programme Manager: Conrad Healy
Tel: 020 7420 4444