Three Ways Capital One Is Protecting the Environment

Monica Johnson Schroeder
Monica Johnson Schroeder

A business school graduate of the University of Alabama at Birmingham, Monica Schroeder majored in finance and has a career in mortgage banking. Currently, Monica Schroeder serves as Vice President of Originations at the Birmingham office of Capital One.

Capital One, a well-known banking and credit-card company, is committed to environmental sustainability. The organization understands that it has a solemn duty to protect the environment for the long term prosperity of humans. Here are some of the organization’s successes in this field:

Greenhouse gas (GHG) emissions reduction: In 2008, Capital One set a goal to reduce its GHG emissions by 10 percent in 2013. It achieved 18 percent reduction by 2012, exceeding the initial goal. In 2013, it set another ambitious target of 25 percent reduction of scope 1 and 2 GHG emissions by 2020. It surpassed that goal in 2016.

100 percent renewable-energy power: Capital One purchases renewable-energy certificates to offset the organization’s total electricity usage. The company’s commitment is confirmed every year through a third-party verifier. Capitol One is currently considering on-site renewable energy use.

Environmentally preferred paper: Up to 95 percent of paper used by Capital One comes from sources certified by the Forest Stewardship Council or contains at least 30 percent recycled consumer waste.