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Public Profile
Services Auxiliary to Financial Intermediation
US
updated 5 months ago

Remitly Global, Inc.

Company website

Remitly Global, Inc., commonly known as Remitly, is a leading digital remittance service headquartered in the United States. Founded in 2011, the company has rapidly expanded its operations across key regions, including North America, Europe, and Asia, facilitating international money transfers for millions of customers. Specialising in fast and affordable remittances, Remitly offers unique services such as express and economy transfer options, catering to diverse customer needs. The company has achieved significant milestones, including securing substantial funding and expanding its product offerings to include mobile payments and bill pay services. With a strong market position, Remitly is recognised for its commitment to customer satisfaction and innovative technology, making it a trusted choice for individuals seeking reliable and efficient ways to send money abroad.

DitchCarbon Score

How does Remitly Global, Inc.'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.

25

Industry Average

Mean score of companies in the Services Auxiliary to 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.

30

Industry Benchmark

Remitly Global, Inc.'s score of 25 is lower than 63% of the industry. This can give you a sense of how well the company is doing compared to its peers.

37%

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Remitly Global, Inc.'s reported carbon emissions

Remitly Global, Inc., headquartered in the US, currently does not report any specific carbon emissions data, as indicated by the absence of emissions figures in kg CO2e. Additionally, there are no documented reduction targets or climate pledges associated with the company. As of now, Remitly has not inherited any emissions data from a parent or related organisation, nor does it have any commitments to the Science Based Targets initiative (SBTi) or other climate initiatives. This lack of data suggests that Remitly may still be in the early stages of developing a comprehensive climate strategy or reporting framework. In the context of the financial technology industry, where many companies are increasingly focusing on sustainability and carbon reduction, Remitly's current position highlights an opportunity for future engagement in climate commitments and emissions reporting.

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Remitly Global, Inc.'s primary industry is Services auxiliary to financial intermediation (67), 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 Remitly Global, Inc. is in US, which has a 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.

Remitly Global, Inc. 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.

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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Where does DitchCarbon data come from?

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