Clover Holdings, Inc., a prominent player in the financial technology sector, is headquartered in the United States and operates extensively across North America and Europe. Founded in 2010, the company has rapidly evolved, establishing itself as a leader in providing innovative payment solutions and merchant services. Clover Holdings is renowned for its unique point-of-sale systems and integrated payment processing solutions, designed to enhance the customer experience and streamline business operations. With a commitment to technological advancement, Clover has achieved significant milestones, including partnerships with major financial institutions and recognition for its user-friendly platforms. As a trusted name in the fintech industry, Clover Holdings continues to set benchmarks for excellence, making it a preferred choice for businesses seeking reliable and efficient payment solutions.
How does Clover Holdings, Inc.'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 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.
Clover Holdings, Inc.'s score of 3 is lower than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2022, Clover Holdings, Inc. reported total carbon emissions of approximately 1,096,342 kg CO2e, comprising Scope 1, 2, and 3 emissions. Specifically, Scope 1 emissions from fugitive sources were about 424,449 kg CO2e, while Scope 2 emissions from purchased electricity totalled approximately 586,000 kg CO2e. Additionally, Scope 3 emissions included about 16,868 kg CO2e from business travel and approximately 105,925 kg CO2e from employee commuting. Despite these figures, Clover Holdings has not established any specific reduction targets or initiatives, nor do they participate in recognised climate pledges such as the Science Based Targets initiative (SBTi). The absence of reduction commitments indicates a potential area for improvement in their climate strategy. Clover Holdings does not inherit emissions data from any parent or related organisations, ensuring that their reported figures are solely reflective of their own operations. As the company continues to navigate its environmental impact, the establishment of measurable reduction targets could enhance its sustainability profile in the industry.
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.
Clover Holdings, Inc. 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.