Harmoney, a cloud-first digital lender without a physical branch network, has maintained its Net Zero Carbon certification for four consecutive years. The company focuses on cloud efficiency and workplace sustainability, with a particular emphasis on reducing its carbon footprint through high-integrity offset projects.
Material actions and disclosures
Harmoney’s carbon intensity remained at 0.4 tCO2e per $1 million of income in FY26, despite a 6% increase in total greenhouse gas emissions to 54.1 tCO2e. The company’s cloud computing services emissions increased by 31% to 24.9 tCO2e, while air travel emissions decreased by 13% to 18.8 tCO2e. Harmoney supports the Kern Creek Forest Conservation Project in New Zealand, which preserves old-growth beech forest and promotes the natural regeneration of indigenous species.
The company’s emissions inventory report disclosed using the location-based methodology, excluding outsourced services. Harmoney has also committed to a 100% renewable and climate-positive electricity provider for its New Zealand office, which has kept Scope 2 emissions close to zero.
Forward commitments
Harmoney aims to develop enhanced performance targets for its environmental trajectory and continuously evaluate climate risks, regulatory shifts, and operational efficiencies. The company plans to publish sustainability metrics alongside forward targets and embed sustainable practices across daily corporate functions. Additionally, Harmoney intends to systematically reduce cloud computing emissions and continue monitoring and reporting on its carbon footprint.
Harmoney’s commitment to environmental stewardship is overseen by the Board, supported by the Audit and Risk Committee, and built into the company’s sustainability policy.