Climate action plan

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Our commitment

Open Money supports the global ambition to limit global warming to 1.5°C. As a small, remote-first digital financial services company, our footprint comes mainly from purchased services, cloud computing and travel. This plan sets out how we will measure and reduce it.

Targets

TargetMeasureDeadline
Measure our FY26 baseline emissions (scope 1, 2 and main scope 3: cloud, travel, purchased services)Baseline published with this plan30 June 2027
Cut business travel emissions per worker25% below FY26 baseline30 June 2029
Use renewable electricity for any office space we lease100% of leased office electricity30 June 2028
Request emissions or renewable-energy data from our top 3 suppliers by spend3 of 3 requested; responses recorded30 June 2027

Resources

The director is accountable for this plan and spends at least 4 hours a quarter on it. We have budgeted $500 a year for emissions measurement tools or advice, and use free government tools where suitable.

Working with stakeholders

We ask key suppliers for emissions data, tell our team about the targets and invite their ideas, and report progress publicly each year.

Approval and review

Approved by the board on 23 October 2026. We report progress each year and update this plan at least every 36 months (next update due by October 2029).

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