Monzo Bank Holding Group Limited
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.
-1 vs industry average
Monzo Bank Holding Group Limited’s score of 34 is higher than 55% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Financial Intermediation is among the least carbon-intensive industries
Industry performance
The Financial Intermediation industry has increased its overall emissions by 11% since 2019
Emissions trajectory 2020 – 2029
Reported emissions
Scope 3 accounts for ••• of total emissions.
Monzo Bank Holding Group Limited's reported carbon emissions
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.
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Monzo Bank Holding Group Limited’s Climate Goals (2030 & 2050)
No climate goals have been disclosed for Monzo Bank Holding Group Limited yet.
Scope 3 top emissions categories
7 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives
Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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