UK challenger bank Monzo has shared an update on its plan to reach net zero carbon emissions.
In Brief:
The update comes as the UK hosted COP26.
Monzo aims to reach net zero emissions as a business by 2030.
It has partnered with software company Watershed to help measure its carbon footprint.
What does this mean?
Monzo says that as a branchless bank it can enjoy relatively low emissions, but says it understands these will increase as it grows as a business – and will continue to measure its impact.
