Multitude
Multitude, a prominent player in the fintech industry, is headquartered in Finland (FI) and operates across several key regions in Europe. Founded in 2014, the company has rapidly evolved, establishing itself as a leader in providing innovative financial solutions tailored for consumers and businesses alike. Specialising in digital banking and payment services, Multitude offers unique products that enhance user experience and financial accessibility. Their commitment to leveraging technology for seamless transactions sets them apart in a competitive market. With a strong market position, Multitude has achieved significant milestones, including expanding its service offerings and enhancing customer engagement. As a forward-thinking company, Multitude continues to redefine the landscape of financial services, making it a noteworthy name in the fintech sector.
DitchCarbon Score
How does Multitude'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
Multitude's score of 36 is higher than 85% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Multitude's reported carbon emissions
In 2023, Multitude reported total carbon emissions of approximately 56,631,000 kg CO2e, a significant increase from about 30,071,000 kg CO2e in 2022. The emissions breakdown for 2023 includes approximately 254,000 kg CO2e from Scope 2 and about 5,395,000 kg CO2e from Scope 3, with notable contributions from employee commuting (approximately 1,787,000 kg CO2e) and purchased goods and services. Despite the increase in total emissions, Multitude has not disclosed any specific reduction targets or initiatives aimed at decreasing their carbon footprint. The company has reported emissions per employee of approximately 86,000 kg CO2e in 2023, up from about 46,000 kg CO2e in the previous year. Multitude's climate commitments remain vague, with no specific climate pledges or targets outlined in their reports. As a company headquartered in Finland (FI), Multitude is positioned within an industry increasingly focused on sustainability and carbon reduction, yet it currently lacks defined strategies to address its emissions effectively.
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| 2022 | 2023 | |
|---|---|---|
| Scope 1 | - | - |
| Scope 2 | 196,000 | 000,000 |
| Scope 3 | 29,591,000 | 0,000,000 |
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.
Multitude is not participating in any 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.
