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.
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.
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.
Billtrust's score of 31 is higher than 57% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2021, Billtrust, headquartered in the United States, reported no specific carbon emissions data, indicating a lack of disclosed figures for Scope 1, Scope 2, and Scope 3 emissions. However, the company has set ambitious climate commitments through the Science Based Targets initiative (SBTi). Billtrust aims to reduce its absolute Scope 1 and Scope 2 greenhouse gas (GHG) emissions by approximately 58.8% by 2034, using 2023 as the base year. Additionally, the company targets a reduction of about 63.8% in Scope 3 emissions per million USD value added within the same timeframe. These targets are classified as near-term and are aligned with the necessary reductions to limit global warming to 1.5°C. Billtrust's commitments reflect a proactive approach to climate action, although specific emissions data remains undisclosed. The targets are part of a broader strategy to enhance sustainability and reduce the environmental impact of its operations.
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.
Billtrust has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
