Environmental sustainability is fundamental to ensuring the future health and prosperity of our planet and its inhabitants. As a responsible company striving to change banking for good, it’s our duty to limit our environmental impact on the communities where our associates and customers live and work. It’s the right thing to do, and it’s smart for business.
In 2016, Capital One® committed to obtaining 100% of its energy from renewable sources. And, in 2017, we met our goal.
In 2018, we made bigger strides to promote renewable energy by becoming a member of RE100. This collaborative, global initiative unites more than 150 influential, global businesses that are committed to 100% renewable electricity. Learn more about RE100.
Capital One accepts the scientific consensus that climate change is real, and believes that the societal impacts of these changes will be severe if these trends continue. Our company’s sustainability journey and commitments to reduce greenhouse gas (GHG) emissions reflect this belief.
In 2018, Capital One committed to two GHG reduction goals:
Carbon Neutral for Scope 1 and 2 emissions, as well as business travel
25% reduction of Scope 3 emissions by 2025 (from a 2018 baseline)
Capital One inventories and verifies our GHG emissions each year through a reputable third party. Emissions are reported annually to CDP. Visit our Environmental and Sustainability website to access the report.
For more information on CDP, visit their website.
Capital One instituted a corporate Paper Policy in 2009. Since then, we’ve steadily increased the percentage of environmentally preferred paper that we source.
Beginning in 2017, we set a goal to help ensure that 95% of our paper would come from sources that were either certified by the Forest Stewardship Council® (FSC) or contained at least 30% recycled, post-consumer waste.
Environmentally preferred paper volumes are reported annually to the World Wildlife Fund Global Forest and Trade Network. Visit our Environmental and Sustainability website to access the report.
For more information on the World Wildlife Fund Global Forest and Trade Network, visit their website.
We recognize that the buildings we occupy around the globe have impacts on the environment. And we consider those impacts when building and designing our offices. That’s why we’re committed to sustainable building practices and have earned the U.S. Green Building Council LEED Silver (or higher) certification for all new office construction and comprehensive renovations, including our offices in Canada.
The Capital One environmental sustainability program is managed by our Environmental Sustainability Office (ESO). Since 2008, the ESO has developed sustainability strategies and goals. They’ve tracked corporate performance against sustainability goals; published environmental disclosures; spearheaded energy efficiency and waste reduction projects across the enterprise; and have driven associate engagement with their environmental efforts.
Visit our Environmental and Sustainability website for more information.