Fiserv
Fiserv, Inc., a leading global provider of financial services technology, is headquartered in the United States. Founded in 1984, the company has established itself as a key player in the fintech industry, offering innovative solutions that enhance the way businesses manage financial transactions. With a strong presence across North America and expanding operations in Europe and Asia, Fiserv serves a diverse clientele, including banks, credit unions, and merchants. The company’s core offerings encompass payment processing, risk management, and digital banking solutions, distinguished by their reliability and scalability. Fiserv has achieved notable milestones, including the acquisition of First Data in 2019, which significantly bolstered its market position. Renowned for its commitment to innovation, Fiserv continues to shape the future of financial services, making it a trusted partner for organisations seeking to optimise their operations and enhance customer experiences.
DitchCarbon Score
How does Fiserv's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Fiserv's score of 29 is higher than 78% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Fiserv's reported carbon emissions
In 2022, Fiserv reported total carbon emissions of approximately 1,116,000,000 kg CO2e. This figure includes 17,636,000 kg CO2e from Scope 1 emissions, 120,793,000 kg CO2e from Scope 2 emissions (market-based), and a significant 1,090,796,000 kg CO2e from Scope 3 emissions. The Scope 3 emissions are primarily driven by capital goods (549,800,000 kg CO2e) and purchased goods and services (307,706,000 kg CO2e). Comparatively, in 2021, Fiserv's total emissions were about 1,582,258,000 kg CO2e, with Scope 1 emissions at 22,303,000 kg CO2e, Scope 2 emissions at 121,968,000 kg CO2e, and Scope 3 emissions at 964,113,000 kg CO2e. This indicates a notable reduction in total emissions from 2021 to 2022. Despite these figures, Fiserv has not publicly committed to specific reduction targets or initiatives, such as those aligned with the Science Based Targets initiative (SBTi). The absence of documented reduction targets suggests a need for further clarity on their long-term climate commitments. Overall, Fiserv's emissions profile highlights the significant impact of Scope 3 emissions, which are common in the financial services industry, underscoring the importance of comprehensive strategies to address carbon footprints across all scopes.
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| 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|
| Scope 1 | 24,668,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 132,368,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | 182,682,000 | 000,000,000 | 000,000,000 | 0,000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Fiserv is not committed to any reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
