FinTechs join climate change taskforce

Starling Bank, Revolut, Wise (formerly TransferWise), and GoCardless have joined a ‘Tech Zero’ taskforce that aims to accelerate government plans to reach net zero emissions by 2050.

Green energy supplier Bulb is leading the taskforce, with the backing of Tech Nation, and Net Zero Business champion Andrew Griffith MP.

Other founding members of the group include allplants, Babylon, Citymapper, Faculty, Habito, Hopin, Moneysupermarket, OLIO, ONfido, and what3words.

The taskforce will be holding an event for its launch in the next few months, where chief executives from each of the companies will meet virtually to agree on “ambitious but achievable” targets.

Bulb said that it hopes to get at least 1,000 UK tech companies on board before the COP26 UN Climate Conference, happening later this year.

The group will also create a Tech Zero ‘toolkit’ to help companies demystify climate jargon, and make it simpler for them to set a net zero plan.

“We’re excited to bring together leading tech companies to accelerate our collective progress towards net zero,” said Bulb. “We hope that by sharing our experiences and learnings on the way, we can make an even bigger impact reducing emissions around the world.”

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