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Public Profile
Financial Intermediation
US
updated 5 months ago

AvidXchange Inc

Company website

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.

25

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.

39

Industry Benchmark

AvidXchange Inc's score of 25 is lower than 56% of the industry. This can give you a sense of how well the company is doing compared to its peers.

44%

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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.

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
Reduction Actions

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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

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