Clover Holdings, Inc. Sustainability Profile
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.
DitchCarbon Score
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.
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
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.
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Clover Holdings, Inc.'s reported carbon emissions
In 2022, Clover Holdings, Inc. reported total carbon emissions of approximately 1,104,942 kg CO2e. This figure includes Scope 1 emissions of about 424,449 kg CO2e from fugitive emissions, Scope 2 emissions of approximately 586,000 kg CO2e from purchased electricity, and Scope 3 emissions of around 124,793 kg CO2e, which encompasses business travel (about 16,868 kg CO2e) and employee commuting (approximately 105,925 kg CO2e). Currently, 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 formal commitments indicates a potential area for growth in their climate strategy. Clover Holdings operates independently without cascading emissions data from a parent organisation, ensuring that their reported figures are solely reflective of their own operations. As the company continues to navigate the evolving landscape of corporate sustainability, there remains an opportunity to enhance their climate commitments and set measurable reduction targets.
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Clover Holdings, Inc.'s Scope 3 Categories Breakdown
Their carbon footprint includes suppliers and value chain emissions, with Scope 3 emissions accounting for 11% of total emissions under the GHG Protocol, with "Employee Commuting" being the largest emissions source at 86% of Scope 3 emissions.
Top Scope 3 Categories
Clover Holdings, Inc.'s Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Clover Holdings, Inc. has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
