AliPay (China) Internet Technology Company Limited
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 36 is higher than 91% 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's reported carbon emissions
In 2023, AliPay (China) Internet Technology Company Limited reported total carbon emissions of approximately 756,870,800 kg CO2e. This figure includes 67,458,770 kg CO2e from Scope 1 emissions, 25,669,720 kg CO2e from Scope 2 emissions, and a significant 693,412,310 kg CO2e from Scope 3 emissions. The combined Scope 1 and 2 emissions totalled about 93,128,490 kg CO2e. Comparatively, in 2022, the company recorded total emissions of approximately 761,294,720 kg CO2e, with Scope 1 emissions at 67,631,800 kg CO2e, Scope 2 at 26,499,740 kg CO2e, and Scope 3 at 694,163,180 kg CO2e. The Scope 1 and 2 emissions for that year amounted to about 94,131,540 kg CO2e. In 2021, AliPay's total emissions were approximately 755,176,670 kg CO2e, comprising 65,372,330 kg CO2e from Scope 1, 26,671,260 kg CO2e from Scope 2, and 689,804,340 kg CO2e from Scope 3, with Scope 1 and 2 emissions totalling around 92,043,590 kg CO2e. Despite these figures, there are currently no publicly disclosed reduction targets or climate pledges from AliPay. The company has not set specific science-based targets for emissions reduction, indicating a potential area for future commitment in climate action.
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| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 65,372,330 | 00,000,000 | 00,000,000 |
| Scope 2 | 26,671,260 | 00,000,000 | 00,000,000 |
| Scope 3 | 689,804,340 | 000,000,000 | 000,000,000 |
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.
AliPay (China) Internet Technology Company 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.
