05/28/2026
Most carbon calculators stop at diet and transport. They skip the category that often surprises people most: where your money sits.
A $10,000 savings account at a major fossil-fuel-financing bank carries an estimated 1.4 tons CO₂e per year in financed emissions — before you've bought a single thing. That figure is based on the PCAF Global GHG Accounting Standard v3, which attributes a share of a bank's lending portfolio emissions to depositors proportionally.
The actual figure varies by bank depending on their lending portfolio. But for most large commercial banks with significant fossil fuel exposure, the order of magnitude is real.
Switching to a fossil-free institution removes that allocation entirely. One decision, no lifestyle change required.
Decarb includes finance in the footprint calculation — one of very few calculators that does. Try it free at decarb.co/calculator
Source: PCAF Global GHG Accounting Standard v3, 2023