Monzo Bank Holding Group Limited

In 2026, Monzo Bank Holding Group Limited reported total carbon emissions of approximately 27,000,000 kg CO2e. This figure encompasses emissions across all scopes, with specific contributions from Scope 1, Scope 2, and Scope 3.

Breaking down the emissions, Scope 1 accounted for approximately 95,000 kg CO2e, primarily from stationary combustion. Scope 2 emissions, based on location, were approximately 124,000 kg CO2e. The most significant portion came from Scope 3 emissions, which totalled approximately 26,800,000 kg CO2e. This includes substantial contributions from business travel (approximately 2,168,600 kg CO2e) and purchased goods and services (approximately 25,923,000 kg CO2e).

Currently, Monzo Bank does not have any publicly stated reduction targets or climate pledges, indicating a potential area for future commitment. The emissions data is not cascaded from any parent organization, ensuring that the figures are solely reflective of Monzo's operations.

As a financial institution headquartered in Great Britain, Monzo is positioned to enhance its climate strategy and align with industry standards for sustainability and carbon reduction.