China UnionPay Co., Ltd.
China UnionPay Co., Ltd., commonly known as UnionPay, is a leading financial services corporation headquartered in China. Established in 2002, UnionPay has rapidly expanded its operations across Asia and beyond, becoming a significant player in the global payment industry. Specialising in card payment services, UnionPay offers a range of products including debit and credit cards, mobile payments, and online transaction solutions. Its unique acceptance network spans over 170 countries, making it one of the largest card schemes worldwide. With a commitment to innovation, UnionPay has achieved notable milestones, such as being the first card organisation to launch a mobile payment service in China. As a result, it holds a prominent market position, recognised for its secure and efficient payment solutions that cater to both consumers and businesses alike.
DitchCarbon Score
How does China UnionPay Co., Ltd.'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 Business Services 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
China UnionPay Co., Ltd.'s score of 17 is lower than 76% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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China UnionPay Co., Ltd.'s reported carbon emissions
In 2024, China UnionPay Co., Ltd. reported no specific carbon emissions data, indicating a lack of disclosed Scope 1, 2, or 3 emissions figures. The company has not set any reduction targets or climate pledges, and there are no initiatives reported under the Science Based Targets initiative (SBTi) or other climate frameworks. As of now, China UnionPay's climate commitments appear limited, with no inherited emissions data from a parent or related organization. The absence of emissions data and reduction initiatives suggests that the company may need to enhance its climate strategy to align with industry standards and expectations for transparency in carbon management.
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.
China UnionPay Co., Ltd. is not participating in any of the initiatives that 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.
