Public Profile

AvidXchange Inc

AvidXchange Inc., headquartered in the United States, is a leading provider of accounts payable and payment automation solutions. Founded in 2000, the company has established itself as a key player in the financial technology industry, particularly in the realms of invoice management and payment processing. With a strong presence across North America, AvidXchange serves a diverse range of sectors, including real estate, construction, and healthcare. The company’s core offerings include its innovative AvidXchange platform, which streamlines the accounts payable process, enhancing efficiency and reducing costs for businesses. AvidXchange is recognised for its unique ability to integrate seamlessly with existing accounting systems, making it a preferred choice for many organisations. With numerous accolades and a growing customer base, AvidXchange continues to solidify its market position as a trusted partner in financial automation.

DitchCarbon Score

How does AvidXchange 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.

23

Industry Average

Mean score of companies in the 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.

26

Industry Benchmark

AvidXchange Inc's score of 23 is lower than 64% of the industry. This can give you a sense of how well the company is doing compared to its peers.

36%

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AvidXchange Inc's reported carbon emissions

AvidXchange Inc, headquartered in the US, currently does not have publicly available data on its carbon emissions, as there are no reported figures for emissions in kg CO2e. Additionally, the company has not outlined specific reduction targets or initiatives related to carbon emissions. Without concrete emissions data or defined climate commitments, it is challenging to assess AvidXchange's impact on climate change or its strategies for sustainability. The absence of this information highlights a potential area for improvement in transparency regarding environmental performance and climate action commitments within the industry.

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. AvidXchange Inc's primary industry is Financial intermediation services, except insurance and pension funding services (65), 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 AvidXchange 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.

AvidXchange 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

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers