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Public Profile
Financial Intermediation
GB
updated 7 months ago

Monzo Bank Holding Group Limited

Company website

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.

28

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

Monzo Bank Holding Group Limited's score of 28 is higher than 53% of the industry. This can give you a sense of how well the company is doing compared to its peers.

53%

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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.

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Monzo Bank Holding Group Limited'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 Monzo Bank Holding Group Limited is in GB, 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.

Monzo Bank Holding Group Limited is participating in some 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?

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