"In 2020, CIT expanded our commitment to offset carbon emissions to include the offset of Scope 2 greenhouse gas (GHG) emissions. This was in addition to our commitment to offset Scope 3 GHG emissions, which CIT launched in 2018. CIT partnered with Carbonfund.org to offset 100% of our facility electricity usage (Scope 2) in 2020 as well as 100% of air travel emissions (Scope 3) in 2020. CIT offset these emissions by investing through Carbonfund.org in two carbon offset projects dedicated to sustainable management of forests in New Jersey and to gathering and combusting greenhouse gases in Florida. These projects were focused on states where CIT has had a significant business and community presence. "