Klarna has become the first FinTech to join The Climate Pledge and Race to Zero campaign. 

In Brief:

The Climate Pledge aims for net zero emissions by 2040 through regular reporting, carbon offset and carbon elimination. 

The Race to Zero mobilises a coalition of leading net zero initiatives. 

Klarna will implement decarbonisation strategies in line with the Paris Agreement. 

What does this mean?

The announcement builds on Klarna’s recent commitment to reduce its total emissions by 50% by 2030. 

CMO David Sandström says that Klarna recognises its responsibilities toward the planet. “Managing Klarna’s environmental impact is a top priority for Klarna and we aim to further promote environmental awareness and knowledge among our employees, customers and partners.”