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.
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.
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.
Edenred's score of 57 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Edenred reported total greenhouse gas emissions of approximately 107,000,000 kg CO2e, comprising 6,252,000 kg CO2e from Scope 1, 1,560,000 kg CO2e from Scope 2, and a significant 101,443,000 kg CO2e from Scope 3 emissions. This data highlights the company's substantial carbon footprint, particularly in its supply chain and operational activities. Edenred has set ambitious climate commitments, aiming for net-zero greenhouse gas emissions across its entire value chain by 2050. In the near term, the company targets a 51.4% reduction in absolute Scope 1 and 2 emissions by 2030, using 2019 as the baseline year. Additionally, it aims to reduce Scope 3 emissions by 55% per million EUR value added within the same timeframe. Long-term goals include a 90% reduction in Scope 1 and 2 emissions and a 97% reduction in Scope 3 emissions by 2050. These commitments align with industry standards and reflect Edenred's proactive approach to addressing climate change, demonstrating a clear pathway towards sustainability and reduced environmental impact.
Access structured emissions data, company-specific emission factors, and source documents
Get Started2019 | 2020 | 2022 | 2023 | |
---|---|---|---|---|
Scope 1 | 6,560,000 | - | 0,000,000 | 0,000,000 |
Scope 2 | 3,242,000 | - | 0,000,000 | 0,000,000 |
Scope 3 | 97,647,000 | - | - | 000,000,000 |
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 committed to some 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.