Block, Inc., commonly referred to as Block, is a leading financial technology company headquartered in the United States. Founded in 2009, Block has made significant strides in the digital payments industry, particularly through its flagship product, Square, which revolutionised point-of-sale transactions for small businesses.
With a strong presence in North America and expanding operations globally, Block also encompasses Cash App and TIDAL, diversifying its offerings in peer-to-peer payments and music streaming. The company is recognised for its innovative approach to financial services, leveraging blockchain technology to enhance security and transparency.
Block's commitment to empowering businesses and individuals alike has solidified its position as a key player in the fintech landscape, marked by notable achievements such as its public listing in 2015 and continuous growth in user engagement across its platforms.
+14 vs industry average
Block’s score of 54 is higher than 72% 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
Computer Services is among the least carbon-intensive industries
Industry performance
The Computer Services industry has reduced its overall emissions by 19% since 2019
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
Block's reported carbon emissions
In 2024, Block, Inc. reported total carbon emissions of approximately 407,346,000 kg CO2e, comprising Scope 1 emissions of 710,390 kg CO2e, Scope 2 emissions of 159,000 kg CO2e (market-based), and Scope 3 emissions of 407,346,000 kg CO2e. This data reflects a comprehensive approach to emissions reporting, including all relevant scopes. Block, Inc. has set ambitious climate commitments, aiming to reduce its absolute Scope 1 and 2 greenhouse gas emissions by 46.2% by 2030 from a 2019 baseline. Additionally, the company plans to increase its sourcing of renewable electricity from 0% in 2019 to 100% by 2030. For Scope 3 emissions, Block, Inc. targets a reduction of 55% per million USD gross profit by 2030, also based on 2019 levels. These targets are aligned with the Science Based Targets initiative (SBTi) and demonstrate a commitment to long-term sustainability. The company’s emissions data is not cascaded from any parent organization, ensuring that its reported figures are independently verified. Block, Inc. continues to focus on enhancing its sustainability practices and reducing its carbon footprint in line with industry standards.
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Block’s Climate Goals (2030 & 2050)
No climate goals have been disclosed for Block yet.
Scope 3 top emissions categories
10 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives

Science Based Targets Initiative

Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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Common questions about Block’s sustainability data and climate commitments
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