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 41 is higher than 93% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Cielo's reported carbon emissions
In 2023, Cielo reported total carbon emissions of approximately 34,257,400 kg CO2e, with emissions distributed across various scopes: 9,130,500 kg CO2e from Scope 1, 77,600 kg CO2e from Scope 2, and 25,049,400 kg CO2e from Scope 3. This reflects a significant increase in emissions compared to previous years, with 2022 emissions recorded at about 37,181,700 kg CO2e. Cielo's emissions profile indicates a strong reliance on Scope 3 emissions, which accounted for approximately 73% of their total emissions in 2023. This highlights the importance of addressing indirect emissions from their value chain, including upstream transportation and distribution. The company has committed to near-term climate targets, although specific reduction targets have not been disclosed. Cielo is actively engaged in climate initiatives, as evidenced by their commitment status, indicating a proactive approach to managing their carbon footprint. However, they have not yet committed to a net-zero target. Overall, Cielo's emissions data and climate commitments reflect a growing awareness of the need for sustainability within the professional services sector, particularly in the United States, where they are headquartered.
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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 committed to some 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.
