Cielo S.A.
Cielo S.A., a leading payment solutions provider headquartered in Brazil, has been at the forefront of the financial technology industry since its establishment in 1995. With a strong presence across major operational regions in Brazil, Cielo offers a comprehensive range of services, including electronic payment processing, point-of-sale solutions, and digital banking services. Renowned for its innovative approach, Cielo stands out with its advanced technology that enhances transaction security and efficiency. The company has achieved significant milestones, including partnerships with various financial institutions and a robust market position as one of the largest payment processors in Latin America. Cielo's commitment to excellence and customer satisfaction continues to drive its success in the ever-evolving fintech landscape.
DitchCarbon Score
How does Cielo S.A.'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 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.A.'s score of 41 is higher than 90% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Cielo S.A.'s reported carbon emissions
In 2023, Cielo S.A. reported total carbon emissions of approximately 246,940 kg CO2e. This figure includes 10 kg CO2e from Scope 1 emissions, which primarily stem from mobile combustion and fugitive emissions. Scope 2 emissions, related to purchased electricity, accounted for about 8,230 kg CO2e. The majority of emissions were from Scope 3, totalling approximately 238,700 kg CO2e, with significant contributions from business travel (about 131,070 kg CO2e) and employee commuting (approximately 105,660 kg CO2e). Comparatively, in 2022, Cielo S.A. had total emissions of around 250,440 kg CO2e, indicating a slight reduction in emissions year-on-year. The company has demonstrated a commitment to reducing its carbon footprint, although specific reduction targets or initiatives have not been disclosed. Cielo S.A.'s emissions profile reflects a significant decrease from previous years, where emissions were notably higher, such as 3,778,480 kg CO2e in 2015. This trend suggests a positive trajectory towards sustainability, aligning with global climate commitments. However, further details on specific reduction strategies or climate pledges are currently unavailable.
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Add to project| 2014 | 2015 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 1,861,900 | 0,000,000 | 00,000 | 00 |
| Scope 2 | 499,520 | 000,000 | 0,000 | 0,000 |
| Scope 3 | 14,761,490 | 00,000,000 | 000,000 | 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 S.A. 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.
