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Block Inc., commonly referred to as Block, is a prominent company within the computer and related services industry, headquartered in the United States. Established in 2013, the firm has rapidly grown to become a key player in financial technology, specialising in innovative payment solutions and blockchain-based services. Its main offerings include the widely used Square point-of-sale systems and Cash App, both recognised for their user-friendly interfaces and secure transaction capabilities.
With a strong presence across North America and expanding globally, Block has achieved notable milestones in democratizing financial access and streamlining commerce. Its focus on integrating cutting-edge technology with practical business tools has positioned it as a leader in the digital payments sector, setting industry standards and fostering widespread adoption of decentralised financial services.
50
DitchCarbon score
+12 vs industry average
Block’s score of 50 is higher than 62% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Low
Computer Services has below-average carbon intensity
Industry performance
0.246
20182025
The Computer Services industry has reduced its overall emissions by 11% since 2018
Emissions trajectory 2020 – 2027
20202021202220232024202520262027
Reported emissions
Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e
Scope 3 accounts for ••• of total emissions.
Block's reported carbon emissions
Block, a US-headquartered company in the Computer and related services industry, reported total emissions of approximately 408.2 million kg CO2e in 2024. This includes about 710,390 kg CO2e from Scope 1 emissions, 159,000 kg CO2e from Scope 2 market-based emissions, and approximately 407.3 million kg CO2e from Scope 3 emissions.
In 2022, Block's total emissions were approximately 377.3 million kg CO2e, comprising about 1.2 million kg CO2e from Scope 1, 18,258 kg CO2e from Scope 2 market-based emissions, and approximately 376 million kg CO2e from Scope 3. Looking back to 2019, the company's Scope 1 emissions were approximately 842,000 kg CO2e, with Scope 2 market-based emissions at about 4.6 million kg CO2e.
Block is committed to significant climate action, with Science Based Targets initiative (SBTi) approved targets. The company aims to reduce absolute Scope 1 and 2 greenhouse gas emissions by 46.2% by 2030, using a 2019 base year. Additionally, Block plans to increase active annual sourcing of renewable electricity from 0% in 2019 to 100% by 2030. For Scope 3 emissions, Block commits to a 55% reduction per million USD gross profit by 2030, also from a 2019 base year. Block has also committed to long-term net-zero targets across all scopes by 2050. These commitments are directly from Block, Inc.
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Block’s Climate Goals (2030 & 2050)
2 goals2030
46.2% reduction in Scope 1
Block, Inc. commits to reduce absolute scope 1 and 2 GHG emissions 46.2% by 2030 from a 2019 base year. Block, Inc. also commits to increase…
At risk46.2%
2030
46.2% reduction in Scope 2
Block, Inc. commits to reduce absolute scope 1 and 2 GHG emissions 46.2% by 2030 from a 2019 base year. Block, Inc. also commits to increase…
At risk46.2%
Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
Scope 3 top emissions categories
10 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives
Science Based Targets Initiative
2030 targetSee details
Active
Carbon Disclosure Project
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Active
The Climate Pledge
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Not active
UN Global Compact Climate Champions initiative
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Not active
RE 100
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Not active
Climate Action 100
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Not active
Emissions comparison with industry peers
View similar organisationsCompanyCountryIndustryLast updatedScoreDetails
Block11 months ago
50
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Frequently asked questions
Common questions about Block’s sustainability data and climate commitments
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