Public Profile

Edenred

Edenred, a global leader in digital payment solutions, is headquartered in France and operates extensively across Europe, Latin America, and Asia. Founded in 1962, the company has evolved significantly, marking key milestones such as its IPO in 2010 and the acquisition of various fintech firms to enhance its service offerings. Specialising in employee benefits, expense management, and incentive solutions, Edenred's core products include meal vouchers, gift cards, and mobility solutions. What sets Edenred apart is its innovative digital platforms that streamline transactions and enhance user experience. With a strong market position, Edenred serves millions of users and partners with thousands of businesses, solidifying its reputation as a trusted provider in the employee benefits and corporate services industry.

DitchCarbon Score

How does Edenred'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.

83

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.

26

Industry Benchmark

Edenred's score of 83 is higher than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.

100%

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Edenred's reported carbon emissions

In 2023, Edenred reported total carbon emissions of approximately 122,140,000 kg CO2e, comprising 6,637,000 kg CO2e from Scope 1, 1,560,000 kg CO2e from Scope 2, and a significant 102,079,000 kg CO2e from Scope 3 emissions. This marks a notable increase in emissions compared to previous years, with total emissions in 2022 at about 9,028,000 kg CO2e for Scope 1 and 2 combined. Edenred has set ambitious climate commitments, aiming to reduce absolute Scope 1 and 2 greenhouse gas emissions by 51.4% by 2030, using 2019 as the baseline year. Furthermore, the company has outlined a long-term goal to achieve a 90% reduction in these emissions by 2050. In addition, Edenred is committed to reaching net-zero emissions across all scopes by 2050, with a near-term target to reduce Scope 3 emissions by 55% per million EUR value added by 2030. These targets align with global climate goals and reflect Edenred's commitment to sustainability within the software and services sector. The company is actively working towards these objectives to mitigate its environmental impact and contribute to a more sustainable future.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

201820192020202220232024
Scope 1
6,228,000
0,000,000
0,000,000
0,000,000
0,000,000
0,000,000
Scope 2
3,868,000
0,000,000
0,000,000
0,000,000
0,000,000
0,000,000
Scope 3
-
00,000,000
-
-
000,000,000
000,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Edenred's primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Edenred is in FR, which has a very low grid carbon intensity relative to other regions.

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.

Edenred is participating in some of the initiatives that 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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DitchCarbon Score

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