Billtrust
Billtrust, officially known as Billtrust, Inc., is a leading provider of cloud-based billing and payment solutions headquartered in the United States. Founded in 2001, the company has established itself as a key player in the financial technology industry, focusing on automating the accounts receivable process for businesses across various sectors. With a strong presence in North America and expanding operations globally, Billtrust offers a suite of core products, including electronic invoicing, payment processing, and cash application services. What sets Billtrust apart is its commitment to enhancing the customer experience through innovative technology and seamless integration capabilities. Recognised for its market leadership, Billtrust has achieved significant milestones, including numerous awards for its solutions that drive efficiency and improve cash flow for clients. As businesses increasingly seek to optimise their financial operations, Billtrust remains at the forefront, delivering unique solutions tailored to meet evolving market demands.
DitchCarbon Score
How does Billtrust'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
Billtrust's score of 28 is higher than 77% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Billtrust's reported carbon emissions
In 2021, Billtrust reported total greenhouse gas emissions of approximately 28,300 kg CO2e for Scope 1, 807,000 kg CO2e for Scope 2, and a significant 23,562,000 kg CO2e for Scope 3 emissions, which includes categories such as business travel (48,000 kg CO2e), employee commute (662,000 kg CO2e), and purchased goods and services (23,562,000 kg CO2e). Billtrust has set ambitious near-term targets to reduce its carbon footprint. The company aims to achieve a 58.8% reduction in absolute Scope 1 and 2 greenhouse gas emissions by 2034, using 2023 as the base year. Additionally, Billtrust is committed to reducing Scope 3 emissions by 63.8% per million USD value added within the same timeframe. These targets align with the Science Based Targets initiative (SBTi) and are designed to support efforts to limit global warming to 1.5°C. Overall, Billtrust's climate commitments reflect a proactive approach to sustainability within the software and services sector, demonstrating a clear strategy to mitigate its environmental impact.
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| 2021 | |
|---|---|
| Scope 1 | 283,000 |
| Scope 2 | 807,000 |
| Scope 3 | 24,272,000 |
Industry emissions intensity
Location emissions 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.
Billtrust is participating in some 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.
