Climate Change Action Plan
Tackling climate change is one of the world's most pressing challenges, and Citizen Money is all-in on being a part of the solution, not just as we approach 2030 but starting now. We're acting fast—our customers wouldn't have it any other way.
At Citizen Money, we're serious about taking on climate change and protecting our planet. We're steadily working our way toward net-zero status. Our goal is to cut carbon emissions from our business and our partners by a third by the year 2030.
Commitment to Net Zero
The Paris Agreement tells us we need to keep global warming below 1.5°C to avoid the worst climate change effects. So, we've laid out solid plans to reduce our carbon footprint and balance out our remaining emissions, aiming to become a greener banking service. We're moving forward toward net-zero, and even though our own emissions (Scope 1 and Scope 2) are pretty small compared to traditional banks, we're not stopping there. Lowering our emissions is a start, but we'll also be investing in projects that either cut down or make up for our carbon output. This could mean supporting new forests, taking care of the ocean, or preserving wetlands. We're letting the Citizen team choose, and we're listening to everyone's voice.
As we keep pushing for sustainability, we've put money into five projects focused on getting rid of carbon dioxide (CO2) from the air or helping to stop more from being made. CO2 is a big part of the harmful greenhouse gases problem. We're backing efforts in growing new forests, using solar energy, restoring peatlands, and bringing in better cooking stoves.