Public Profile

Clear2Pay

Clear2Pay, a leading provider of payment solutions, is headquartered in Belgium and operates extensively across Europe and Asia. Founded in 2001, the company has established itself within the financial technology sector, focusing on innovative payment processing and transaction management services. Clear2Pay's core offerings include its unique payment platform, which integrates various payment methods and enhances transaction efficiency for banks and financial institutions. The company is recognised for its commitment to security and compliance, ensuring that clients can navigate the complexities of the payments landscape with confidence. With a strong market position, Clear2Pay has achieved significant milestones, including partnerships with major financial institutions and recognition for its contributions to the evolution of payment technologies.

DitchCarbon Score

How does Clear2Pay'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.

36

Industry Average

Mean score of companies in the Research Development 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.

24

Industry Benchmark

Clear2Pay's score of 36 is higher than 91% of the industry. This can give you a sense of how well the company is doing compared to its peers.

91%

Clear2Pay's reported carbon emissions

In 2023, Clear2Pay reported total carbon emissions of approximately 335,000 tonnes CO2e, comprising 346,000 tonnes from Scope 1, 13,000 tonnes from Scope 2, and about 335 million tonnes from Scope 3 emissions. This represents a slight increase in Scope 1 emissions compared to 2022, where Scope 1 emissions were around 160,000 tonnes, and Scope 2 emissions were 2,000 tonnes. The Scope 3 emissions also saw a rise from approximately 289 million tonnes in 2022. Clear2Pay has not specified any formal reduction targets or initiatives under frameworks such as the Science Based Targets Initiative (SBTi) or the Carbon Disclosure Project (CDP). However, the company is actively monitoring its greenhouse gas (GHG) intensity, which was reported at 22.0 kg CO2e per square metre for Scope 1 and 2 combined in 2023, down from 30.0 kg CO2e in 2022. Overall, while Clear2Pay has made strides in tracking its emissions, further commitments and reduction strategies would enhance its climate action profile.

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2022
2023
Scope 1
160,000
000,000
Scope 2
2,000
00,000
Scope 3
289,497,000
000,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Clear2Pay's primary industry is Research and development services (73), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Clear2Pay is headquartered in BE, which has a rank of very low, indicating very low grid carbon 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.

Clear2Pay is not committed to any 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.

SBTi
CDP
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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