AvidXchange Inc Sustainability Profile
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.
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.
Industry Benchmark
AvidXchange Inc's score of 25 is lower than 65% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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AvidXchange Inc's reported carbon emissions
AvidXchange Inc, headquartered in the US, currently does not report any specific carbon emissions data, as indicated by the absence of emissions figures. Consequently, there are no recorded Scope 1, 2, or 3 emissions to analyse. Additionally, the company has not established any documented reduction targets or climate pledges, which suggests a lack of formal commitments to address climate change at this time. As AvidXchange Holdings, Inc. does not inherit emissions data from a parent company, all information regarding their climate initiatives is self-contained. Without specific emissions data or reduction initiatives, it is challenging to assess their environmental impact or commitment to sustainability within the industry context.
How Carbon Intensive is AvidXchange Inc's Industry?
How Carbon Intensive is AvidXchange Inc's Location?
AvidXchange Inc'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.
AvidXchange Inc 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.
