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.
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.
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.
China UnionPay Co., Ltd.'s score of 20 is lower than 84% of the industry. This can give you a sense of how well the company is doing compared to its peers.
China UnionPay Co., Ltd. currently does not have publicly available carbon emissions data, as indicated by the absence of specific emissions figures. Additionally, there are no documented reduction targets or climate pledges associated with the company. This lack of data suggests that China UnionPay may not have established formal commitments to reduce carbon emissions or may not have disclosed such information. In the context of the financial services industry, many companies are increasingly focusing on sustainability and climate action. However, without specific emissions data or reduction initiatives, it is unclear how China UnionPay aligns with these industry trends. As the company continues to operate, it may consider adopting climate commitments and reporting practices to enhance transparency and contribute to global climate goals.
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.