AliPay (China) Internet Technology Company Limited Sustainability Profile
AliPay (China) Internet Technology Company Limited, commonly known as AliPay, is a leading player in the digital payment industry, headquartered in China (CN). Founded in 2004, the company has rapidly evolved to become a cornerstone of the fintech landscape, primarily serving the vast Chinese market while also expanding its reach to various international regions. Specialising in mobile and online payment solutions, AliPay offers a unique blend of services, including digital wallets, peer-to-peer transfers, and e-commerce payment processing. Its innovative approach to secure transactions and user-friendly interface has positioned it as a market leader, boasting over a billion users globally. Notable achievements include its pivotal role in the growth of cashless transactions in China, making it an essential tool for both consumers and businesses alike.
DitchCarbon Score
How does AliPay (China) Internet Technology Company 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.
Industry Average
Mean score of companies in the Business 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.
Industry Benchmark
AliPay (China) Internet Technology Company Limited's score of 20 is lower than 82% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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AliPay (China) Internet Technology Company Limited, headquartered in CN, currently does not have specific carbon emissions data available for recent years. The company is a current subsidiary of Ant Group Co., Ltd., which may influence its climate commitments and performance metrics. As of now, there are no documented reduction targets or climate pledges from AliPay. The absence of emissions data and reduction initiatives suggests that the company may still be in the early stages of formalising its climate strategy. Given the increasing focus on sustainability within the tech industry, it is likely that AliPay will need to align with broader corporate climate commitments, potentially cascading initiatives from its parent company, Ant Group Co., Ltd. However, without specific data or targets, it is challenging to assess their current impact or future commitments in relation to carbon emissions.
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| 2022 | 2023 | 2024 | |
|---|---|---|---|
| Scope 1 | 6,490,790 | 0,000,000 | 0,000,000 |
| Scope 2 | 14,597,140 | 0,000,000 | 0,000,000 |
| Scope 3 | - | 000,000,000 | 000,000,000 |
How Carbon Intensive is AliPay (China) Internet Technology Company Limited's Industry?
How Carbon Intensive is AliPay (China) Internet Technology Company Limited's Location?
AliPay (China) Internet Technology Company Limited's Scope 3 Categories Breakdown
AliPay (China) Internet Technology Company Limited's Scope 3 emissions, which decreased by 15% last year and decreased by approximately 15% since 2023, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Business Travel" being the largest emissions source at 2% of Scope 3 emissions.
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AliPay (China) Internet Technology Company Limited's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
AliPay (China) Internet Technology Company Limited has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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