Concord EFS, Inc. Sustainability Profile
Concord EFS, Inc., a prominent player in the electronic payment processing industry, is headquartered in the United States. Founded in 1989, the company has established itself as a leader in providing innovative payment solutions, primarily focusing on debit and electronic funds transfer services. With a strong presence across major operational regions in North America, Concord EFS has achieved significant milestones, including the development of advanced transaction processing technologies. The company’s core offerings include point-of-sale (POS) systems, ATM services, and comprehensive payment processing solutions, all designed to enhance transaction efficiency and security. Notably, Concord EFS has garnered recognition for its commitment to customer service and technological innovation, solidifying its market position as a trusted partner for businesses seeking reliable payment solutions.
DitchCarbon Score
How does Concord EFS, 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 Services Auxiliary to 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
Concord EFS, Inc.'s score of 46 is higher than 66% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Concord EFS, Inc., headquartered in the US, currently does not have specific carbon emissions data available, as indicated by the absence of reported figures. The company is a current subsidiary of Fiserv, Inc., which may influence its climate commitments and emissions reporting. While Concord EFS has not set explicit reduction targets or initiatives, it is important to note that emissions data and climate performance may be inherited from its parent company, Fiserv, Inc. This relationship suggests that any climate commitments or emissions reductions may align with Fiserv's broader sustainability strategies. As of now, Concord EFS has not publicly disclosed any specific climate pledges or initiatives, nor does it appear to have cascaded Science Based Targets (SBTi) or other industry-standard commitments. The lack of detailed emissions data and reduction targets highlights a potential area for future development in their environmental strategy.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 24,668,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 132,368,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | 182,682,000 | 000,000,000 | 000,000,000 | 0,000,000,000 | 000,000,000 |
How Carbon Intensive is Concord EFS, Inc.'s Industry?
How Carbon Intensive is Concord EFS, Inc.'s Location?
Concord EFS, Inc.'s Scope 3 Categories Breakdown
Concord EFS, Inc.'s Scope 3 emissions, which decreased by 28% last year and increased by approximately 328% since 2019, demonstrating supply chain emissions tracking. The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 45% of Scope 3 emissions.
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Concord EFS, 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.
Concord EFS, 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.
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