Skip to content

Impact Report | March 2021

Published April 13th, 2021

Our Impact Report is a compact monthly update that keeps you up to date on our progress. This is where you’ll find all the latest facts and figures about our projects in March. 

Your money is our capital – for change

Your money is our capital. Unlike at many other conventional banks, it is not invested in the arms industry, factory farming or coal-fired power plants. So the more money we take away from these banks, the better. Money, after all, needs to be part of the solution, not the problem.

The more money that is paid into our accounts, the more good we can do. In the month of March, our customers had a total of

in their Tomorrow accounts. That is equivalent to around:

31 times the price für a 30 second commercial during the Super Bowl final in the US Tv in 2021.

13,400,000 euros of which

are being invested in two “Green Bonds” to develop renewable energies.

6,000,000 euros of which

are being invested in a “Social Bond” to create social housing.

50,000 euros of which

we invested in micro-loans that are mainly helping small-scale entrepreneurs in the Global South to become self-sufficient.

0 euros of which

are invested in the arms industry, factory farming or coal-fired power plants.

Our joint contribution to protecting the climate

Every time you use your Tomorrow card in a store, a small fee is paid to us by the retailer. But instead of pocketing the money for ourselves like other banks do, we are investing it in a forest protection project in Brazil. The more often you pay using your Tomorrow card, the more square metres of rainforest are protected.

square metres of rainforest were protected in March thanks to the climate protection contribution. That is equivalent to around:

195 times of the Louvre in Paris.

The Amazon is the world’s largest, intact rainforest and the climate protection contribution is helping to preserve it. The money is being donated to a forest protection project in Portel, Brazil, with the area we are protecting growing every month. That means we protected a total of


square metres of rainforest in the month of March.


trees were preserved.


kilograms of CO2 were bound.

Offset your carbon footprint with Zero

With Zero, our premium account, you can offset as much CO₂ as the average German emits in a year: around 11 tonnes. The more of our users who switch to Zero, the more CO₂ will be offset. Together we can make a significant change.

kilograms of CO₂ were offset by Zero in the month of March. That is equivalent to around:

29 time of the CO₂ emissions that result from the production of the amount of jeans that are sold per minute worldwide.

Specifically, we are currently funding two climate protection projects for the CO₂ compensation; the biogas plants project in Vietnam is now fully financed. Read more about how that works here.


kilograms of CO₂ were offset in the month of March with Zero.


kilograms by supporting smallholder farmers in Peru and protecting the rainforest.


kilograms by providing access to clean drinking water in Uganda. This removes the need to boil water over an open fire, which is harmful to the environment.

Tomorrow and the Sustainable Development Goals

In 2015 the United Nations defined a set of global goals for sustainable development: the Sustainable Development Goals (SDGs). Tomorrow is committed to these SDGs. In each of our Impact Reports we will pick out one of the goals and explain in more detail how we are contributing to fulfilling it.

SDG 10: How Tomorrow is contributing to reducing inequality

We ensure that our climate protection projects aren’t just for the good of the climate, but also for the good of the people. Our interchange fee is helping us to contribute to SDG 10. Because with every card payment, not only is the rainforest being protected but the project we support is also working on officially securing land rights for the Ribeirinhos, the inhabitants of the Amazon. This means that the area is no longer left unutilised and agricultural businesses cannot legally occupy it. The goal is also being supported by several projects as part of Zero. Such as a project in Uganda, which supports the drilling of boreholes to give people access to clean drinking water. Improving the water supply in rural areas reduces inequalities between rural and urban areas. And the forest conservation project in Peru is also securing land rights for the smallholder farmers, which offers them long-term prospects.

Credit: Climate Partner

We are also contributing to this SDG with the social housing bond in which we invest a share of our customer deposits. This is resulting in the construction of higher quality, affordable housing for families who aren’t as financially well off and the integration and inclusion of people with disabilities thanks to the funding of barrier-free living. The housing associations also work closely with social and caregiving services, which particularly benefits elderly people who require support. And the local economy and quality of life is boosted through cooperations with small stores and renting out the buildings to community facilities such as libraries, kindergartens, homes, community and health centres.