Bank of America Merchant Services, LLC, headquartered in the United States, is a leading provider in the payment processing industry. Founded in 2009, the company has established itself as a key player in facilitating secure and efficient transactions for businesses across various sectors. With a strong presence in major operational regions, including North America, Bank of America Merchant Services offers a comprehensive suite of services, including credit card processing, point-of-sale solutions, and e-commerce payment gateways. What sets Bank of America Merchant Services apart is its commitment to innovation and customer service, providing tailored solutions that meet the unique needs of merchants. The company has achieved significant milestones, including partnerships with major technology providers, enhancing its market position. As a trusted name in payment solutions, Bank of America Merchant Services continues to empower businesses with reliable and cutting-edge financial tools.
How does Bank of America Merchant Services, LLC'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.
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.
Bank of America Merchant Services, LLC's score of 32 is higher than 89% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2022, Bank of America Merchant Services, LLC reported total carbon emissions of approximately 634,510,000 kg CO2e from Scope 2, 66,775,000 kg CO2e from Scope 1, and significant contributions from Scope 3 emissions, including 1,336,649,000 kg CO2e from purchased goods and services and 250,783,000 kg CO2e from employee commute. The company has shown a trend of reducing emissions over the years, with Scope 1 emissions decreasing from about 106,870,000 kg CO2e in 2010 to 66,775,000 kg CO2e in 2022. Similarly, Scope 2 emissions have also seen a reduction from approximately 1,678,547,000 kg CO2e in 2010 to 634,510,000 kg CO2e in 2022. Despite these reductions, there are currently no specific reduction targets or climate pledges disclosed by the company. The absence of formal commitments highlights the need for further initiatives to align with industry standards for climate action. Overall, Bank of America Merchant Services is making progress in reducing its carbon footprint, but continued efforts will be essential to enhance its climate commitments.
Access structured emissions data, company-specific emission factors, and source documents
Get Started2010 | 2020 | 2021 | 2022 | |
---|---|---|---|---|
Scope 1 | 106,870,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 2 | 1,678,547,000 | 000,000,000 | 000,000,000 | 000,000,000 |
Scope 3 | 1,527,242,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
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.
Bank of America Merchant Services, LLC 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.