Cielo
Cielo, officially known as Cielo S.A., is a leading payment solutions provider headquartered in the United States, with significant operations across Brazil and other Latin American regions. Founded in 1995, Cielo has established itself as a key player in the financial technology industry, specialising in electronic payment processing and point-of-sale solutions. The company offers a diverse range of services, including credit and debit card processing, mobile payments, and e-commerce solutions, distinguished by their commitment to innovation and customer service. Cielo's advanced technology and user-friendly platforms have positioned it as a market leader, recognised for its reliability and efficiency in facilitating transactions for businesses of all sizes. With a strong focus on enhancing the payment experience, Cielo continues to drive growth and transformation in the digital payments landscape.
DitchCarbon Score
How does Cielo'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
Cielo's score of 43 is higher than 92% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Cielo's reported carbon emissions
In 2023, Cielo reported total carbon emissions of approximately 34,257,400 kg CO2e. This figure includes 9,130,500 kg CO2e from Scope 1 emissions, which primarily arise from direct operations, and 77,600 kg CO2e from Scope 2 emissions, associated with purchased electricity. The majority of their emissions, about 25,049,400 kg CO2e, fall under Scope 3, which encompasses indirect emissions from the value chain. Comparatively, in 2022, Cielo's total emissions were about 37,181,700 kg CO2e, indicating a reduction of approximately 2,924,300 kg CO2e year-on-year. This reduction reflects a commitment to improving sustainability practices within their operations. Cielo has made significant climate commitments, including a near-term target status of "Committed" as of December 2024. While they have not set a net-zero target, their ongoing initiatives demonstrate a proactive approach to reducing their carbon footprint. The company operates within the professional services sector in the United States and is focused on enhancing its sustainability efforts.
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| 2014 | 2015 | 2018 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | 1,861,900 | 0,000,000 | - | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 499,520 | 000,000 | - | 000,000 | 000,000 | 00,000 |
| Scope 3 | 14,761,490 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
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.
Cielo is participating in some 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.
