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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.
+11 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.
Computer Services has below-average carbon intensity
The Computer Services industry has reduced its overall emissions by 11% since 2018
Scope 3 accounts for ••• of total emissions.
Block, a US-based computer and related services company, reported total emissions of approximately 408.2 million kg CO2e in 2024. This includes about 710,390 kg CO2e from Scope 1, 159,000 kg CO2e from Scope 2 (market-based), and 407.3 million kg CO2e from Scope 3 emissions. For comparison, in 2022, their total emissions were approximately 377.3 million kg CO2e, comprising around 1.2 million kg CO2e from Scope 1 and 18,258 kg CO2e from Scope 2 (market-based). In 2019, Block's total Scope 1 emissions were approximately 842,000 kg CO2e, and Scope 2 (market-based) emissions were about 4.58 million kg CO2e.
Block has near-term Science Based Targets initiative (SBTi) commitments to reduce absolute Scope 1 and 2 greenhouse gas emissions by 46.2% by 2030, using a 2019 base year. Additionally, they aim to increase active annual sourcing of renewable electricity from 0% in 2019 to 100% by 2030. Block also commits to reducing Scope 3 greenhouse gas emissions by 55% per million USD gross profit by 2030 from a 2019 base year. These targets cover their corporate operations and are consistent with reductions required to limit global warming to 1.5°C. Block is also committed to long-term net-zero targets for Scope 1, 2, and 3 emissions by 2050.
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2030
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…
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…
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Common questions about Block’s sustainability data and climate commitments
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