Apr 22, 2022

Billi's Commitment to Combatting Climate Change

Billi's Commitment to Combatting Climate Change
Dan Barton
COO

We all have a role to play in the fight against climate change. Our actions, however small, can have a profound impact when compounded with the action of others around the globe. 

At Billi, we strive to always do the right thing for our team, our members and our community. Building trust in every interaction is important to us and we are as transparent and direct as possible with our technology and communication. It's one of our core values and now we want to bring this accountability into sustainability. 

A 2021 report from a Berlin-based think tank, shows Canada trailing behind other wealthy countries when it comes to cutting carbon emissions. The report compared the average per-capita carbon emissions of people in several countries to create a metric the authors called, "average lifestyle carbon footprints." The report focuses on key domains where tangible lifestyle changes could make a significant difference, including food, housing and personal transportation. Out of the countries studied, Canada had the worst per-capita record “by far”.

Billi is still new as a company and early in development, but we have bold objectives. While we still have building and refining to do on our core features, which enable our members to experience their money in a positive and efficient way, our fight against climate change starts today, too. We commit to achieving a carbon neutral footprint for our operations and team.

We commit to achieving a carbon neutral footprint for our operations and team.

How will we do this? (1) we'll calculate our carbon footprint for 2022, and will do so each year going forward, (2) we'll look for and act on ways to reduce our impact, and (3) we'll offset emissions we can't avoid with the purchase of verified carbon credits.

Connecting all your accounts with Billi provides an easy way for you to measure your carbon footprint. We can surface insights and tips based on your spending habits and investments and provide suggestions to potentially reduce your daily footprint. By being conscious of the choices we make and their effect on the environment, we can start to reduce our own carbon footprint. 

We'll publicly share our process with our community, and encourage feedback on how we’re doing. But, we don't want to stop there. This will help lay the framework for a longer term plan where Billi provides features that help our members understand their global impact. If there are features you think would be helpful in addressing this, check out our Roadmap and drop us a comment. We’re always keen to hear your feedback.

While most of us cannot yet reduce our carbon footprint to zero, we can support the transition to a low-carbon future. One way Billi plans to help its members’ offset unavoidable emissions is with high-impact carbon credits purchased directly through the app.

Don't get me wrong, we won't have this built tomorrow - it's part of a longer term plan, which will likely change along the way. But one thing that won't change is the need for business to set an example and have a positive impact on the world we live in. 

Billi was created to make the world a little more joyful. A place where our team has fun working on meaningful projects and where our members enjoy managing their finances and reaching their goals. Reducing our carbon footprint is a feature that has meaning and one that our team will have fun working on - but we can't do this if we don't have a healthy, thriving planet. 

So, we hope you’ll join the movement as Billi sets out on a mission to offset emissions, understand our environmental impact and rehabilitate ecosystems across the globe.

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