Monzo Bank Holding Group Limited Sustainability Profile
Monzo Bank Holding Group Limited, commonly known as Monzo, is a pioneering digital bank headquartered in Great Britain. Founded in 2015, Monzo has rapidly established itself as a leader in the fintech industry, primarily focusing on personal and business banking services. With a strong presence across the UK, the bank has gained recognition for its innovative approach to banking, including features like real-time spending notifications and budgeting tools. Monzo's core offerings include current accounts, savings accounts, and business banking solutions, all designed to enhance user experience through seamless technology. The bank's commitment to transparency and customer-centric services has earned it a loyal customer base and numerous accolades, positioning it as a formidable player in the competitive banking landscape.
DitchCarbon Score
How does Monzo Bank Holding Group Limited'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.
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.
Industry Benchmark
Monzo Bank Holding Group Limited's score of 31 is higher than 51% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Monzo Bank Holding Group Limited's reported carbon emissions
Monzo Bank Holding Group Limited, headquartered in Great Britain, currently does not report any carbon emissions data, as indicated by the absence of specific figures in kg CO2e. Additionally, there are no documented reduction targets or climate pledges associated with the organisation. As a result, Monzo's climate commitments and initiatives remain unclear, and there is no inherited emissions data from a parent company or corporate family. Without specific emissions data or reduction initiatives, it is challenging to assess their environmental impact or commitment to sustainability within the financial services sector.
How Carbon Intensive is Monzo Bank Holding Group Limited's Industry?
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Monzo Bank Holding Group Limited's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Monzo Bank Holding Group Limited has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
