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.

3

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.

13

Industry Benchmark

AvidXchange Inc's score of 3 is lower than 89% of the industry. This can give you a sense of how well the company is doing compared to its peers.

11%

AvidXchange Inc's reported carbon emissions

AvidXchange Inc, headquartered in the US, currently does not have publicly available carbon emissions data or specific reduction targets. Without emissions figures, it is challenging to assess their carbon footprint or climate commitments in detail. However, the company may be engaged in various sustainability initiatives typical of the industry, focusing on reducing environmental impact and enhancing operational efficiency. As the landscape of corporate climate responsibility evolves, AvidXchange Inc's future commitments and actions will be crucial in addressing climate change and aligning with industry standards.

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. AvidXchange Inc is headquartered in US, which has a rank of low, indicating low grid carbon 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.

AvidXchange Inc is not committed to any reduction initiatives 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
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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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