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Public Profile
Financial Intermediation
US
updated 22 days ago

Aspiration

Company website

Aspiration, officially known as Aspiration Partners, Inc., is a pioneering financial services company headquartered in the United States. Founded in 2013, Aspiration has rapidly established itself in the fintech industry, focusing on sustainable banking and investment solutions. With a commitment to socially responsible practices, the company offers unique products such as the Aspiration Spend & Save Account and investment options that prioritise environmental and social impact. Aspiration operates primarily across the US, catering to a growing clientele seeking ethical financial alternatives. Notable for its innovative approach, the company has garnered attention for its "Pay What You Want" model, allowing customers to choose their fees. Aspiration's dedication to transparency and sustainability positions it as a leader in the market, appealing to consumers who value both financial growth and positive societal impact.

DitchCarbon Score

How does Aspiration's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.

23

Industry Average

Mean score of companies in the Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.

30

Industry Benchmark

Aspiration's score of 23 is lower than 68% of the industry. This can give you a sense of how well the company is doing compared to its peers.

32%

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Aspiration's reported carbon emissions

Aspiration, headquartered in the US, has set ambitious climate commitments aimed at significantly reducing its carbon emissions. Although specific emissions data for the most recent year is not available, the company has established a long-term goal to reduce its absolute Scope 1 and 2 greenhouse gas (GHG) emissions by 25% from a 2019 baseline by the year 2035. Additionally, Aspiration aims to achieve a similar 25% reduction in its absolute Scope 3 emissions over the same timeframe. The overarching aspiration of the company is to reach net zero emissions by 2050 at the latest. These commitments reflect a proactive approach to climate action, aligning with industry standards and best practices in sustainability. Aspiration's targets demonstrate a clear commitment to addressing its carbon footprint and contributing to global efforts against climate change.

Industry emissions intensity

Very low
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Very high
Some industries are more carbon intensive than others. Aspiration's primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Aspiration is in US, which has a low grid carbon intensity relative to other regions.

Reduction initiatives & disclosure networks

Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.

Aspiration is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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