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Business Services
CN
updated a month ago

AliPay (China) Internet Technology Company Limited

Company website

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.

20

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.

28

Industry Benchmark

AliPay (China) Internet Technology Company Limited's score of 20 is lower than 83% of the industry. This can give you a sense of how well the company is doing compared to its peers.

17%

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AliPay (China) Internet Technology Company Limited's reported carbon emissions

Inherited from Ant Group Co., Ltd.

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.

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. AliPay (China) Internet Technology Company Limited's primary industry is Other business services (74), 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 AliPay (China) Internet Technology Company Limited is in CN, which we do not have grid emissions data for.

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.

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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