CAB Payments
CAB Payments, headquartered in Great Britain, is a leading provider of payment solutions, specialising in the transport and logistics sectors. Founded in 2016, the company has rapidly established itself as a key player in the payments industry, offering innovative services that streamline financial transactions for businesses and consumers alike. With a focus on cashless payment systems, CAB Payments delivers unique solutions that enhance operational efficiency and customer experience. Their core offerings include payment processing, digital wallets, and integrated financial services, all designed to meet the evolving needs of their clients. Recognised for their commitment to security and reliability, CAB Payments has achieved significant milestones, positioning themselves as a trusted partner in the UK and beyond. Their dedication to innovation continues to drive their growth in a competitive market.
DitchCarbon Score
How does CAB Payments'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
CAB Payments's score of 10 is higher than 72% of the industry. This can give you a sense of how well the company is doing compared to its peers.
CAB Payments's reported carbon emissions
In 2023, CAB Payments reported significant carbon emissions, totalling approximately 12,449,000 kg CO2e for Scope 1, 17,438,000 kg CO2e for Scope 2, and 1,616,300 kg CO2e for Scope 3. This brings their total emissions to about 29,887,000 kg CO2e, with the majority stemming from Scope 2 emissions, primarily from purchased electricity. Over the years, CAB Payments has shown fluctuations in their emissions. In 2022, their emissions were approximately 27,200 kg CO2e (Scope 1), 57,800 kg CO2e (Scope 2), and 905,200 kg CO2e (Scope 3), resulting in a total of about 28,200,000 kg CO2e. This indicates a notable increase in emissions from 2022 to 2023. Despite these figures, CAB Payments has not disclosed any specific reduction targets or initiatives aimed at decreasing their carbon footprint. The absence of formal commitments or targets suggests that while they are tracking emissions, they may not yet have established a comprehensive strategy for climate action. Overall, CAB Payments' emissions data highlights the need for enhanced climate commitments and reduction strategies to align with industry standards and contribute to global climate goals.
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Add to project| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 64,700 | 00,000 | 00,000 | 00,000 | 00,000,000 |
| Scope 2 | 85,100 | 00,000 | 00,000 | 00,000 | 00,000,000 |
| Scope 3 | 1,016,100 | 00,000 | 000,000 | 000,000 | 0,000,000 |
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.
CAB Payments is not committed to any reduction initiatives 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.
