Starling to offset its carbon emissions annually from 2021 and set net zero target

5 November 2021
  • Emissions to be offset through certified carbon sequestration and avoidance projects
  • Target to reduce carbon emissions from own operations and supply chain by one third by 2030
  • Target to reach net zero in alignment with the latest Science Based Target initiative (SBTi) guidelines

 

Starling, the leading UK digital bank, has committed to a one third reduction target in its carbon emissions by 2030 and to offset carbon emissions from its own operations and supply chain annually from 2021.

 

Having completed its first greenhouse gas audit, the bank has modelled the impact of several reduction initiatives and will purchase credible, certified carbon credits to neutralise or offset its emissions, using its carbon footprint for the year to 31 March 2021 as a baseline. The projects will be chosen in consultation with Starling employees and will be certified to the leading carbon offset standards. They may include woodland creation as well as ocean-based and peat restoration schemes.

See our other articles here
Tactus accelerates growth with acquisition of £100m PC technology specialist
Tactus accelerates growth with acquisition of £100m PC technology specialist

Tactus accelerates growth with acquisition of £100m PC technology specialist, Box

Revolution Beauty: Aquisition of BH Comestics
Revolution Beauty: Aquisition of BH Comestics

Aquisition of BH Comestics

Graphcore and NEC Partner to deliver advanced AI compute
Graphcore and NEC Partner to deliver advanced AI compute

Graphcore and NEC Partner to deliver advanced AI compute