Mambu recognises that climate change is the number one present-day challenge that is already disproportionately affecting people around the world. We see this through the changing environment around us, the stories of our employees and their families, and the type of banking solutions our clients are trying to support their customers with. We do our part by reducing the footprint of our operations and our cloud-banking platform, ensuring that we align with the physical limits of our planet and support our customers with their climate ambitions.
To date, we have used the following measures to reduce our environmental impact.
- A hybrid working policy
- Renewable energy supply for offices, where possible
- Recycled content and local sourcing when procuring office supplies and merchandise
- Minimum plastic at events
- Paperless office
- Circular materials management
- Digital and hybrid events
- Sustainable mobility options
- Offsetting unavoidable emissions
- Mandatory sustainability course for all employees, including executive leadership
- Internal knowledge centre on sustainability
- Travel policy with fiscal incentives for train connections within European offices
Aligning to 1,5 C'
We measure our GHG emissions since 2019 using the GHG Protocol. In 2020, we have expanded our Scope 3 inventory to procurement and cloud services. Our first priority is to abate GHG emissions in line with science-based targets for the ICT sector, as set out by the Science Based Targets Initiative. Where we cannot abate emissions, we seek to neutralise them through offsetting. At present, we are developing a climate mitigation plan for submission to the Science Based Targets Initiative, following our letter of commitment to SBTI to align to net-zero. We wish to adopt an 'insetting' approach where we finance initiatives that scale up carbon markets, support climate change adaptation programs, or lead to systemic change.
Achieving carbon neutrality in 2019
In 2020, we have calculated for the first time the carbon emissions we have generated in 2019 to understand our largest sources of emissions and mitigate our impact.
Circular materials management
Since 2018, we organise auctions of internal hardware and donate proceeds to organisations focused on IT literacy and education, environmental protection, and health. In this way, we extend the use of hardware and divert it from being sent to waste.
Innovating how we host events
In February 2021, we piloted our first hybrid annual sales kick-off event ‘We Own This’. The event was held physically at the Desmet Studio in Amsterdam, which the Amsterdam team attended in-person while the rest of the speakers and Mambuvians dialed-in digitally. In this way, we brought together 500+ of our staff with minimal carbon footprint.