Afterpay Limited, commonly referred to as Afterpay, is a leading player in the buy now, pay later (BNPL) industry, headquartered in Australia. Founded in 2014, the company has rapidly expanded its operations across major markets, including the United States, Canada, and the United Kingdom. Afterpay's innovative platform allows consumers to make purchases and pay for them in instalments, enhancing financial flexibility while promoting responsible spending. With a focus on seamless integration for retailers, Afterpay has established itself as a preferred payment option for both consumers and merchants. The company's unique approach to BNPL has garnered significant attention, positioning it as a market leader with millions of active users globally. Notable achievements include partnerships with major retailers and a commitment to enhancing the shopping experience through technology-driven solutions.
How does Afterpay Limited'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 Computer Services 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.
Afterpay Limited's score of 38 is higher than 65% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2019, Afterpay Limited, headquartered in Australia, reported carbon emissions data that includes a carbon intensity of approximately 470 kg CO2e per full-time equivalent (FTE) employee. However, the company has not disclosed specific Scope 1, 2, or 3 emissions figures, nor has it provided total emissions data for that year. Afterpay's climate commitments are currently unclear, as there are no documented reduction targets or climate pledges available. The company is a current subsidiary of Block, Inc., which may influence its climate strategy and reporting. Emissions data and climate initiatives may be cascaded from Block, Inc., but specific details regarding these initiatives have not been disclosed. As a part of the broader industry context, Afterpay's lack of specific emissions data and reduction targets highlights a common challenge faced by many companies in the financial technology sector regarding transparency and accountability in climate commitments.
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.
Afterpay Limited 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.