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Aspiration

Climate Neutral Certified Label

category

Software + Tech

first certified

2024

current certification year

2024

About Climate Neutral Certification

Wherever you see the Climate Neutral Certified label, it means the company is accountable for its greenhouse gas emissions. To earn the label, a company must annually measure cradle-to-customer emissions, implement specific action plans to reduce emissions, and invest in high quality, verified carbon credits.

The certification requirements are detailed in the rigorous, peer-reviewed Climate Neutral Certified Standard. Each company’s application is reviewed for compliance by Change Climate’s certification team.

Jump to

01

Emissions

Aspiration's emissions inventory uses a mix of spend- and activity-based data. Aspiration attests to the accuracy of their data inputs and the Change Climate team reviews the submission for compliance with our Standard.

2,371 tCO2e

Roughly equal to driving 529 gas-powered cars for one year

0.09 kgCO2e per dollar of revenue

Emissions intensity

02

Reduction Plans

Aspiration has adopted near-term action plans to reduce GHG emissions within the next 12-24 months.

Active

Source of emissions

Employee commuting

Action

Implement a policy for remote work to reduce commuting emissions 90% for all of our office locations.

Status

Newly set

Complete By

Q2 2024

Scope

Scope 3

Source of emissions

Electricity

Action

Transition 100% electricty consumption to renewable energy sources through our electric utility in all current and future offices.

Status

Newly set

Complete By

Q1 2026

Scope

Scope 2

Source of emissions

Business travel

Action

Implement a policy for low-carbon business travel to require lower-carbon forms of travel and encourage remote options when at all possible ...read more

Status

Newly set

Complete By

Q2 2024

Scope

Scope 3

Emissions reduction targets

Aspiration has set a long-term commitment aligned with climate science.

Active

Target

We commit to reducing 2023 Scope 1 & 2 emissions by 100% by 2030.

03

Compensation

Aspiration addressed last year’s emissions by buying and retiring an equal amount of high quality, verified carbon and clean energy credits.

Emissions accounted for

2,371 tCO2e

Roughly equal to keeping 2,655,520 pounds of carbon in the ground

Total investment

$6,587

Project types

Reforestation

Type

Reforestation

Description

Projects that restore degraded or deforested ecosystems.

Wind

Type

Wind

Description

Projects that support wind energy generation in order to reduce dependence on fossil fuels.

Improved forest management

Type

Improved forest management

Description

Projects focused on developing sustainable management and harvesting practices in forest ecosystems.

Aspiration is a climate-friendly neobank for climate-conscious consumers. Aspiration provides a debit card that allows you to plant a tree by rounding up your change, earn up to 10% cashback at more climate-friendly merchants, and neutralize gasoline emissions as part of our Planet Protection program. Unlike traditional banks, when you bank at Aspiration your checking and savings account deposits will never go to fund fossil fuel activities. Aspiration also offers a ESG-focused mutual fund, the Redwood Mutual Fund. Aspiration aims to empower users to make environmentally responsible financial choices, contributing to a greener and more sustainable future.

Aspiration

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© Copyright 2024 Climate Neutral. All rights reserved. Climate Neutral is a registered 501(c)(3) nonprofit organization | Tax ID number: 83-3404014. Contributions to Climate Neutral are tax-deductible to the extent permitted by law.

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